Below are our featured recent loan closings:

Atlanta, GA Georgia Tech University $61,000,000 75% LTV 1st TD $11,000,000 15% LTV 2nd TD (2nd TD in the form of Mezzanine Financing) 90% LTV Construction Loan Private Student Housing Loan
Green Bay, Wisconsin $29,400,000 Office Building
Utah $9,350,000 A&D + Construction Interim Bridge Loan
Costa Mesa, CA $542,000 5 year fixed Auto Body Shop
San Francisco Bay Area, CA $8,875,000 Hard Money A&D Raw Land Interim Bridge Loan
Syracuse, UT $975,000 5 year fixed Starbucks
Commitment Letter Murrells Inlet, SC $17,264,000 Marina Financing
Woodlands, Texas $9,750,000 Insurance Loan Construction & Permanent Financing
Anaheim, CA $2,250,000 10 Year Interest Only Strip Center
Sacramento, CA $1,350,000 10 Year Fixed Metal Buildings
Reseda, CA $2,300,000 8 Unit Condominium Conversion
Chino, CA $500,000 7 year Fixed Headquarters of 12 Unit Regional Restaurant Chain
Orange, CA $4,200,000 5 year Fixed Combination Strip Center/Warehouse Loan
Mesa, AZ $2,200,000 Construction Loan Townhomes
Corona, CA $9,900,000 10 year Fixed Industrial Building Loan
Rancho Mirage, CA $5,800,000 R1 Construction Loan 80% LTV 1st of 5 Phases Foreclosure / Takeover 40 Day Close
Palm Springs, CA $1,350,000 Boutique 15 Room Hotel Loan
Irvine,CA $2,495,000 Non-Performing Warehouse Loan
Torrance, CA $1,147,500 5 Year Fixed Industrial Building Loan
Darien, CT $5,675,000 5 Year Fixed 2 Small Strip Centers Loan
Thousand Oaks, CA $1,100,000 Old Strip Center Loan Private Financing 75% LTV
Huntington Park, CA $12,500,000 "Dark" Shopping Center Loan
Murrieta, CA $5,200,000 Raw Land Loan In Foreclosure
Apple Valley, CA $6,600,000 Sale Raw Land Loan In Brankruptcy 40 Day Close
Las Vegas, NV $2,400,000 R1 with Banquet Income Facilities Loan
Newport Beach, CA $2,000,000 R1 Construction Loan 10 Day Close
Palm Springs, CA $7,100,000 R1 Construction Loan 75% LTV 1st of 4 Phases 26 Day Close
Monterey, CA $7,500,000 40 Acres Raw Land Loan $4,000,000 Purchase Price 8 Day Close

 

WSJ.com: Commercial Real Estate

For AvalonBay, Long Island Filled With Risk, Reward
The region near New York City is one of the nation's toughest markets to development properties. AvalonBay is undeterred.

Japan's Toyoko Inn Targets New York
Japanese no-frills hotel operator Toyoko Inn is planning to expand into the U.S. market with a 640-room tower in the New York City borough of Queens, where it plans to offer tiny rooms for rates that are among the lowest in the city.

Office Developers Revive Plans
With Europe's financial sector showing signs of stabilizing, developers have begun to dust off plans. A development boom, however, isn't likely anytime soon.

It's a Low Point for High Point
Vornado Realty Trust is opting to forfeit a 2 million-square-foot furniture mart in High Point, N.C., to holders of its $191 million securitized mortgage.

Boston Properties' Profit Falls, but Beats Its View
Boston Properties' second-quarter earnings fell, as did a key measure of profitability for the office-property owner, but both beat the company's guidance.

Vornado, MGM Resorts in Deal
A Vornado-led partnership is paying MGM Resorts about $80 million for land connected to the Borgata Hotel Casino in Atlantic City.

CMBS Market Rises From Ashes
The commercial-mortgage-backed-securities market, a leading source of financing in commercial property until the financial collapse of 2008, is showing signs of life.