Houston-based firm named nation’s safest construction in 2016

W.S. Bellows Construction Corp. of Houston, Texas was named the nation’s safest construction company in 2016 by the Associated General Contractors of America. The association, which oversees the Willis Towers Watson Construction Safety Excellence Awards, an annual ranking of construction safety programs, noted that 51 other companies were selected as winners for the quality of…

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NAI Horizon hires Michael Gaida to bolster business brokerage efforts

NAI Horizon is pleased to announce that Michael Gaida has joined the company as an Associate to help grow and maintain business brokerage initiatives. His primary areas of responsibility will be business brokerage and retail and industrial leasing and brokerage. Past businesses sold have been in the industrial, manufacturing, commercial development, restaurant, and services industries.…

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ARTEMIS REALTY CAPITAL, LLC FUNDS $1,100,000 FOR 11 FINISHED LOTS

Artemis Realty Capital, LLC recently funded a $1,100,000 short-term bridge loan for a three-time repeat borrower. The Artemis refinance allowed the developer to capitalize on competitive market rates and a pay-down structure that is beneficial to both parties. The lots are located within the Spectrum at Val Vista community in Gilbert, offering future home owners…

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Former Ashley Furniture Warehouse Sells for $3.95M to RacePRO Products

A 140,651 SF former Ashley Furniture distribution building at 2929 NW Grand Ave., Phoenix, has recently sold to RacePRO Products for $3,950,000. Price per SF was calculated at $28.08. Lee & Associates Arizona Principals Rick Robertson and Scott Smith negotiated the transaction on behalf of the seller, Southwestern Furniture of Wisconsin, LLC, Arcadia, WI. Alexy…

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COMMLOAN’S NEW CTO TO SPEARHEAD RAPIDLY GROWING TECHNOLOGY PLATFORM

CommLoan, a revolutionary commercial mortgage real estate lending platform, announced today that Peeyush Dayal has joined the company’s leadership team as Chief Technology Officer. Dayal, who has been instrumental since the company’s inception, will oversee the company’s technological assets and drive the innovation strategy.   “We are very pleased to have Peeyush join the team,”…

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STOCKDALE CAPITAL AND JASPER RIDGE PARTNERS FORM JOINT VENTURE TO RECAPITALIZE $142.5M GALLERIA CORPORATE CENTER IN SCOTTSDALE

Stockdale Capital Partners and Jasper Ridge Partners have formed an institutional joint venture to recapitalize ownership of the Galleria Corporate Center in Scottsdale, AZ.   The joint venture is the first partnership between the two firms.   Jasper Ridge is a discretionary investment manager with more than $15 billion in assets and offices in Menlo Park,…

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Valley Partnership 2017 Community Project Grant Opportunity

Founded in 1987, Valley Partnership is the real estate industry leader advocating for responsible growth policies through public private partnerships that positively impact growth and economic development. One of our cornerstones is community service. Each year, Valley Partnership selects a non-profit organization that can benefit from the skills, efforts and supplies provided by our members…

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