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
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

WTC Development Talks Continue
Negotiations continued between developer Larry Silverstein and the Port Authority who are trying to resolve an impasse over the redevelopment of the World Trade Center site before a critical deadline Friday.

Fortis Sues Lender Kennedy in Debt Case
Kennedy Funding, a New Jersey lender to cash-strapped real-estate developers, has plenty of experience going after debtors who fall behind on their payments. But now it's Kennedy's turn to get squeezed.

European REIT Rollout at Hand
With European property markets beginning to recover from the market downturn and global recession, there are signs that the REIT revolution could be at hand.

General Growth Debt Bet Pays Off
A handful of investors dug to the bottom of the discount bin and snapped up General Growth's convertible bonds at three cents on the dollar. They now trade at 103 cents.

Marriott Expands in Europe
Forty thousand more hotel rooms on the Continent would have Marriott brand names in the next few years under the company's plan.

Farkas Closes Deal to Buy Centerline
The New York real-estate investor will buy one of the nation's largest commercial-mortgage-servicing specialists for $100 million in new equity and assuming $180 million of Centerline's debt.

U.K. REIT Plans IPO
Metric Property Investments hopes to raise £150 million in an IPO on the London Stock Exchange's main market as it seeks to take advantage of the sharp downturn in property values.