Lenders Still Not Shy When It Comes To The Right Deals
With the Fed still hesitant to raise interest rates, lenders are still eager to finance (or refi) the right kinds of property in growth markets, such as in the Carolinas.
Recently, Bellwether Enterprise arranged refinancing of the AvidXchange Music Factory in Charlotte through Cantor Commercial Real Estate Lending. “The Music Factory is transformative real estate," notes Bellwether assistant VP Mark Ethridge, who facilitated the deal. The property, he points out,…
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Spotlight On The Capital Markets
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Healthcare Firms Ink Airport Market Lease Renewals
In three deals in which MPV Properties' Bailey Patrick repped the landlord, healthcare specialists renewed leases at three separate properties. Novant Health signed a 10-year renewal for 8,756 SF at 2610 West Arrowood Road, in Whitehall Professional Center, while at…
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Multifamily Magic 8-Ball: Outlook Good
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Walker & Dunlop |
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Can multifamily demand check overbuilding in Charlotte? According to Walker & Dunlop VP Brett McGuire, the answer is a resounding yes, despite the product commanding high rental rates, which can both scare off tenants and provide strong incentive for developers to flood the market with surplus fresh inventory.
Why is Charlotte surprisingly resistant to these market forces? First off, Charlotte's rate of population growth has consistently tripled the national average over the past decade.
That growth, combined with a relative…
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Mixed-Use Senior Housing Planned In SouthPark
A 10.5-acre site behind SouthPark Towers on Fairview Road has been approved for a mixed-use project called Liberty SouthPark, which will be developed by Liberty Healthcare Management. The property will include five buildings with residential units of varying care levels,…
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Builders Target Seniors Of Affluence With Luxury Projects In Urban Communities
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The Latest Tech To Disrupt Real Estate? Pokémon
You can't escape them. Not even on a (somewhat) serious commercial real estate news site like Bisnow. Not even on the front lines of the war against ISIS. Pokémon are everywhere. In just a week, a new Pokémon app using GPS-based technology from Niantic has created a slew of new opportunities and problems for property owners around the world.
In the simplest terms, Pokémon GO uses your phone's GPS and clock to detect where you are and makes Pokémon "appear" around you so you can use your phone's camera to "catch" them. As you move around, different types of Pokémon will…
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The Simple Trick To Leasing Space Faster
Leasing commercial real estate is about showing the client the potential that a space possesses. You can present a raw space empty.
If you're feeling ambitious, you can spend a bunch of time, money and other resources on another broker…
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The 10 Largest Restaurant Chains In The Nation
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