- By Chris White, Blaire Butler & Paul Donahue
- November 04, 2021
- Posted In: Featured Articles
Multifamily, to no one’s surprise, continues to be one of the most desired product types in the Denver market and across the country. At roughly $5.9 billion, according to Real Capital Analytics, 2021 multifamily transaction volume year to date already has surpassed the past three years and potentially will set an all-time record. Fundamentals have come back in a tremendous way since the stagnation of the market caused by COVID-19, leading to alltime low cap rates and even more competitive transaction processes.As it continues to be a darling for investors, it is also a darling for insurance company lenders. Insurance companies always have been a strong lending source for mult...
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- By Alex Riggs, Blaire Butler & Andrea Mehlem
- September 22, 2021
- Posted In: Featured Articles
Featured in the Colorado Real Estate Journal's Office & Industrial QuarterlyThe delta variant has proven
to be a major curveball for
office tenants who optimistically planned for a
post-Labor Day return to the
office. While some companies have
stayed the course and welcomed
employees back to their cubicles,
others have prolonged their work-from-home policies indefinitely. For
now, a hybrid plan is keeping the
office market in limbo. Investors
and lenders remain hesitant on the
asset class as a whole, so much so
that office is the new alternative
asset product.
With capital flooding the market,
lenders have flocked to COVID-19-era darlings,
industrial and
multi...
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As seen in RE Business OnlineSEATTLE — Essex Financial Group has arranged a $75 million permanent loan for Menashe Properties to refinance Medical Dental Building, an infill medical office building in downtown Seattle. The sponsor purchased the 297,470-square-foot historic building in 2019 and assumed existing debt on the property.The seven-year loan features a fixed interest rate with three years essaysservicesreviews.com of interest-only payments followed by a 30-year amortization. Alex Riggs and Blaire Butler of Essex Capital Markets secured the financing for the borrower.Originally built in 1924, the 18-story office building has undergone several renovations with...
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This article
appeared in the Colorado Real Estate Journal's August 18th
Publication LINK As we enter the second half of the year, the
debt and equity markets continue to be very active, albeit with some lingering
areas of caution brought about by the pandemic. Below are some key takeaways
through the first half of 2021.
Life company allocations update. At the start of 2021, annual life insurance
company mortgage allocations generally mirrored 2020 year-end figures,
reflecting a steep decrease from original 2020 allocations. The conservative
projections reflected continued uncertainty surrounding the timing of the
economic recovery, the distribution of vaccines, and...
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