Archive for September 2010
Mark A. Linnell of LinnellTaylor Marketing Passes Away
Longmont, Colo.–Mark A. Linnell, who founded LinnellTaylor Marketing, a communication firm for multifamily companies, died on September 5, 2010 at his home from complications of pancreatic cancer. He was 56. Linnell was also an active member of his local business communities. He loved sharing his passion for music and his enthusiasm for life extended into…
Read MoreGimme Shelter with Daniel Gehma: “Stop! It’s Only A Rental”
When traveling for business, it seems there’s often one little detail that gets overlooked. Today I had to be in Phoenix to visit a property with a client, as sort of a fact-finding mission. (“Shade” at Desert Ridge, a former Gold Nugget “Rental Apartment Community of the Year.”) It’s only a short flight over to…
Read MoreUnited Group Wins $20M Financing for Seniors Properties
Albany, N.Y.–The United Group of Cos. has obtained senior loan financing totaling $20.2 million for two independent living seniors housing properties, the Lodge at Bridgemill in Canton, Ga., and Colonial Square, in Utica, N.Y.
Read MoreDEAL OF THE DAY: NorthMarq Helps Refi CMBS Loan with $4.2M Mortgage from Alternative Capital Source
Garland, Texas–Paul Brighton, senior vice president and senior director of NorthMarq Capital’s Dallas Regional office, arranged first mortgage financing of $4.2 million for Country Village Apartments, a 160-unit multifamily property located at 4362 W. Walnut in Garland, Texas.
Read MoreOi Cellular Furniture: A Unique Couch to Lounge On
Oi’s new cellular furniture system is a unique line of seating and surface components, which fit onto a 30-in. x 30-in. base to create a cell. The cells can be combined to create hundreds of configurations.
Read MoreWork Gets Underway on Wellness-Centric St. Clair Apartments for Seniors in Tennessee
Maryville, Tenn.–St. Clair Apartments at Asbury Place Merryville, a continuing care retirement community (CCRC) in Maryville, Tenn., moves closer to becoming a reality as Asbury Inc. commences construction of the independent living apartment building.
Read More‘Foong on Finance’ with Keat Foong: Is the Tea Party Good for Commercial Real Estate?
Jobs, jobs, jobs. Speaking to executives in the commercial real estate financing industry, I hear that the most important economic indicator for them is, without doubt, job growth. Job growth has to increase before the commercial real estate fundamentals can improve. If Tea Party candidates sweep the upcoming elections in November, will that bring about…
Read MoreGround Breaks on Gleneagles II Apartments in Master Planned Southern Maryland Community
Charles County, Md.–Saint Charles, a 9,100-acre master planned community that American Community Properties Trust (ACPT) is developing in Charles County in Southern Maryland, continues to fill out.
Read MoreDEAL OF THE DAY: Kislak Brokers Sale of Bank-Owned Property for $460,000 in Market Seeing Increased Demand for Smaller Properties
Hillside, N.J.–The Kislak Company Inc. announced the sale of a bank-owned mixed-use retail and multifamily property in Hillside, N.J. for $460,000. Vice President Jeffrey Squires represented both parties in the transaction.
Read MoreWe Think Las Vegas Is Ripe with Opportunity
Scottsdale, Ariz.–Dale Phillips has been with Mark-Taylor since 1995.
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