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PRESS RELEASE: Thorofare Capital Funds $3,500,000 BK Auction Acquisition Loan in Five Days for River North Office Loft Building in Chicago

2013-10-08 18:28:00| National Real Estate Investor

Felix Gutnikov Thorofare Capital has recently funded a $3,500,000 acquisition loan for the purchase of 540 North LaSalle Street, Chicago, IL. The sponsor purchased the property in a bankruptcy auction for a price of $6,350,000. 540 N. LaSalle is a 7-story historic mixed-use building. read more

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PRESS RELEASE: The Community Development Trust is Approved Under CDFI Bond Guarantee Program from the US Department of Treasury for $125M

2013-10-08 15:43:00| National Real Estate Investor

Rachel Adams The Community Development Trust (CDT), the countrys largest private real estate investment trust (REIT) which provides capital for the preservation of affordable housing, today announced that it has received a term sheet for $125,000,000 in bonds from the United States Department of the Treasury through its Community Development Financial Institutions Bond Guarantee Program (CDFI Bond Guarantee Program). read more

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PRESS RELEASE: TIAA-CREF and Transwestern Begin Construction on 30-Story Office Tower in Houstons Uptown District

2013-10-08 15:33:00| National Real Estate Investor

Stefanie Lewis Financial services firm TIAA-CREF and Transwestern began construction today on BHP Billiton Tower, a 600,000-square-foot Class AA office tower within the Galleria submarket of Houston. The development will be situated on a 2.72-acre tract fronting on Post Oak Boulevard within the existing Four Oaks Place office complex. The development is 100 percent preleased to BHP Billiton, a major global diversified resources company. read more

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PRESS RELEASE: Lee & Associates Negotiates 246,300-Square-Foot Industrial Lease in Monee

2013-10-08 15:30:00| National Real Estate Investor

The Hoyt Organization Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, negotiated the lease of a 246,300-square-foot industrial property located at 25777 S. Cleveland Ave. in Monee, Ill. read more

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PRESS RELEASE: RKF Forms Strategic Affiliation with U.K.-Based Consulting Firm CWM Retail Property Advisors

2013-10-08 15:25:00| National Real Estate Investor

Jason Fischbach RKF, the country's leading independent real estate firm specializing in retail leasing, investment sales and consulting services, today announced the formation of an affiliation with leading U.K.-based retail consulting firm CWM Retail Property Advisors, LLP (CWM). read more

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