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 …
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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)

Jury says it matters what investment firms say to clients when an adviser leaves

Jury says it matters what investment firms say to clients when an adviser leaves
Some of the money went to Bellevue, Wash. hard-money lenders Thomas Hazelrigg III, Scott Switzer and their firm Centurion Financial Group, the lawsuit alleges. Late last year, Hazelrigg was forced into involuntary bankruptcy as part of Seattle real …
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Eureka Commercial Lender Has Loan Program for Best Coastal Properties
All applicants have to do to qualify for this three-year loan is to offer their best coastal properties. The rate is incredibly low for private money loans, also called hard money. This offer is only available for a limited time, and is open to owners …
Read more on RealtyBizNews