Walker & Dunlop Welcomes Jeffrey Taschler to the CMBS Lending Platform

Walker & Dunlop, Inc. (NYSE: WD) announced today the addition of Jeffrey Taschler to the Walker & Dunlop Commercial Property Funding (WDCPF) team. As Chief Operating Officer and Senior Vice President, Mr. Taschler will be responsible for originating commercial financing opportunities for clients nationwide out of the New York office and will report to WDCPF,…

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Middlefork Commercial Sells Phoenix Office Building for $2.25M

Middlefork Commercial has sold Campbell Commons, a 14,855-square-foot multi-tenant office building at 4501-4517 N. 32nd Street, Phoenix, AZ. The property sold for $2,250,000. A local investor purchased the property from GTT Investments, LLC. Sean Bishop of Middlefork Commercial represented the seller in the transaction. Approximately 85% of the office building was occupied at the time…

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Accolades for Valley Partnership’s 2014 Community Project

Valley Partnership is proud to announce its 2014 Community Project has been selected as a finalist for Arizona Forward’s 35th Annual Environmental Excellence Awards. Last year’s project recipient was Arizona Foundation for the Handicapped (AFH). The project is a finalist in the Site Development (Private Sector) category. AFH is a human services organization whose primary…

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Walker & Dunlop Commercial Property Funding Closes an $18M Loan for Norfolk Commerce Park

Walker & Dunlop, Inc. (NYSE: WD) (the “Company”) announced today that Walker & Dunlop Commercial Property Funding (“WDCPF”), the Company’s proprietary CMBS and high yield direct lending platform, closed an $18,000,000 CMBS acquisition loan for Norfolk Commerce Park in Norfolk, Virginia. The loan was arranged by John B. Levy & Co. and structured as a…

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Colliers International Completes $20M Investor Sale of Distribution Facility in Phoenix

Colliers International in Greater Phoenix recently completed the sale of a 313,600-square-foot cross-dock distribution warehouse in Phoenix for $20.32 million, or $64.80 per square foot. CAM Industrial Fund Acquisition Fund, LLC, an affiliate of Cohen Asset Management Inc., of Los Angeles, Calif., purchased the property, located at 4550 West Watkins Street, from Kansas City Life…

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Levrose Sells Single‐Tenant Urgent Care Building for $1.1M

Levrose Commercial Real Estate recently completed the sale of a 2,570 square foot commercial building at 835 W. University Drive, Mesa, Ariz. for $1,100,000. The property has a long‐term, triple net lease with FastMed Urgent Care. A private California investor purchased the property from Hy Investments, LLC. Jonathan Rosenberg and Keri Davies of Levrose Commercial…

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CBRE Capital Markets Secures Refinancing for VA Outpatient Clinic in Tomball, Texas

CBRE’s Capital Markets Debt and Structured Finance team has arranged an $8.2 million loan in the refinancing of a Veterans Affairs outpatient clinic in Tomball, Texas. Geoffrey Harris of CBRE’s Phoenix office arranged the 10-year, fixed-rate loan through one of CBRE’s Life Insurance Company correspondents at 3.49% with 7 years I/O and thereafter a 25-year…

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Walker & Dunlop Refinance Marks 10-Year Anniversary of Hurricane Katrina

Walker & Dunlop, Inc. (NYSE: WD) announced today it recently provided a $15,700,000 refinancing for The Crossings Apartments in Metairie, Louisiana. This refinancing was for the first commercial loan financed by Fannie Mae in the Katrina effected area following the storm in 2005. Walker & Dunlop utilized Fannie Mae’s Early Rate Lock program to structure…

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BOB BAMBAUER NAMED SENIOR VICE PRESIDENT FOR SUNBELT HOLDINGS

Sunbelt Holdings has promoted Bob Bambauer, P.E., to senior vice president. Bambauer, who has been with Sunbelt Holdings since 2007, oversees the planning and development of Sunbelt Holdings’ large-scaled properties in the West Valley and Tucson markets. A veteran to civil engineering and home building, Bambauer has over 30 years’ experience in entitlements, land acquisitions,…

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MARCUS & MILLICHAP SELLS CENTRAL PHOENIX MULTIFAMILY FOR $3,160,000 or $79,000 PER UNIT

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Bethany at Midtown, a recently renovated mid-century art deco style apartment building in the Uptown Phoenix corridor. The asset commanded a sales price of $3,160,000 or $79,000 a unit.…

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Lincoln Equities Group Re-brands 5 Giralda Farms as 5G with “Breathe It In” Campaign

Lincoln Equities Group LLC (LEG) and a team comprised of Newmark Grubb Knight Frank (NGKF), HLW International and Real Estate Arts have launched an aggressive campaign to re-brand 5 Giralda Farms as 5G. The four-story, 450,000-square-foot Class A office property, formerly occupied by Pfizer, is set on 50 acres of wooded land on the private…

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