Lastest Commercial Loans News

Local China Governments to Curb Housing Loans
Such funds are intended to support first-time home buyers and generally offer below-market rates for loans. The funds are often designed to supplement financing from commercial loans for home buys. The new restrictions represent a partial reversal …
Read more on Fox Business

Four Executives Hired To The Leadership Team At United Lender Services
Jim DiGregory previously held the position of Vice President and General Counsel at the Glimcher Group, Inc., where he prepared loan financing packages and negotiated and closed numerous commercial loans. He also has experience in loan underwriting …
Read more on PR Newswire (press release)

Technology Credit Union Grows Its Commercial Lending Portfolio by $15 Million

Technology Credit Union Grows Its Commercial Lending Portfolio by Million
SAN JOSE, CA–(Marketwire – Feb 21, 2013) – Technology Credit Union (Tech CU) kicked off the New Year with a bang, closing nearly $ 15 million in commercial real estate loans in the last month of 2012. The organization also finished the year with strong …
Read more on Marketwire (press release)

WND: Transitional lenders target Bakken
Wells Fargo was the top U.S. Small Business Administration lender in terms of dollars last year and John Giese, Wells Fargo regional banking business manager, says his institution often utilizes SBA loans for its Bakken clients because they offer …
Read more on Prairie Business

Silicon Valley commercial real estate market will continue to sizzle, report says.

Silicon Valley commercial real estate market will continue to sizzle, report says.
What's more, the tech employment and expansion boom that has gobbled up office and research space at a dazzling pace the last couple of years is showing few signs of slowing down, the report released by commercial real estate firm Colliers …
Read more on San Jose Mercury News

Looming Sequestration Expected to be a Villain to Commercial Real Estate
Because the federal government is omnipresent–as an office tenant, as a builder of roads, bridges, military facilities, prisons and even offices–the revenue that the federal government contributes to the commercial real estate economy will be missed.
Read more on World Property Channel

Variant Buys 3709 Unit Babcock & Brown Portfolio Through Receivership Sale
BUSINESS WIRE)–Variant Commercial Real Estate, L.L.C. (Variant), a private real estate investment company, is pleased to announce the acquisition of a portfolio consisting of 14 multifamily properties it bought from court-appointed receivership.
Read more on EON: Enhanced Online News (press release)