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Real estate lender Mesa West Capital has provided $88.3M in first mortgage and mezzanine debt to refinance The SoBro in Downtown Nashville. The deal marks the SoCal-based Mesa West's foray into Tennessee. 
“The SoBro is a high-quality asset that represents Nashville's evolution as a desirable market for institutional capital,” Mesa West Capital vice president Matt Snyder, who originated the financing out of Mesa West's Chicago office, said. One factor that attracted Mesa West…
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Top 4 Ways Multifamily Pros Are Leveraging Technology
Technology-related expenditures are unavoidable in the effort to remain competitive. Owners, developers and property managers need to closely monitor tenants' needs to maximize the impact of their tech-allocated dollars. “Investing in viable tools is important,” North American Properties partner and…
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Crain Completes Warehouse-To-Office Adaptive Reuse On Sidco Drive
Crain Construction is relocating its offices to a Sidco Drive warehouse the general contractor built in 1959 and recently renovated. The warehouse-to-office conversion is one of a number of adaptive reuse projects the company has undertaken in the 100 Oaks…
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Ferris Wheel For Downtown Nashville?
Metro is considering an entertainment company's proposal for a new “observation wheel” — a Ferris wheel, most would call it — on land near Nissan Stadium and Cumberland Park on the east bank of the Cumberland River. The city owns the site…
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Retail Hell: Bankruptcies Now Higher Than During Great RecessionRetail bankruptcies have spiked to levels that have surpassed even those in the Great Recession. But this time, the macroeconomic forces are not to blame. Now, the fault lies mainly with one company: Amazon. While 2017 is still young, more retailers have filed for bankruptcy than even during the height of the 2009 recession, according to Hedgeye, a stock analyst firm. |
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The Real Estate Of New York Family Dynasty The RockefellersDavid Rockefeller, a member of one of the oldest surviving commercial real estate dynasties, died Monday. He was 101 years old and the last living grandson of real estate mogul John D. Rockefeller — founder of Standard Oil Co. and the father of John D. Rockefeller Jr., the brains behind one of the largest developments in the country: Rockefeller Center. The Rockefeller family was instrumental in turning Lower Manhattan into the financial capital that it is today, with David Rockefeller playing a key role in the development of the original World Trade Center as well as the former One Chase Manhattan Plaza, now 28 Liberty. Check out some of the family's renowned real estate holdings. |
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Know A Rock Star Recent Grad Hungry To Prove Themselves? We'll Pay You For A Referral.
Do you know a smart, hard-working, passionate go-getter graduating from college this spring? Or perhaps they graduated last year ... and that flashy new job just ain't challenging them quite the way they had hoped. Remind you of anyone? Bisnow might be the perfect fit. Our team is on the hunt for fresh new Curators of our annual invite-only platform for VIP owners, developers and investors in American commercial real estate. It is an opportunity to help bring together (and rub shoulders with!) the movers and shakers of one of the most exciting industries in the United States. Bisnow is seeking candidates ready to shoulder high levels of responsibility right out of the gate and kick-start their career by joining a team where their passion and skill will be given the chance to flourish. We offer competitive compensation structures, full health benefits and unlimited vacation time. Better yet (at least, in our not-so-humble opinion), you will be joining us at the top of 7 World Trade Center, nestled in the heart of NYC's Financial District and complete with a bird's-eye view of Manhattan. No experience needed — just a butt-kicking attitude and the hunger to win. We will teach them the rest. Know someone who wouldd be into that? We will send a check your way for a cool $5k if we hire your referral. Send that résumé to nicole@bisnow.com.
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