Continue Reading Add comment August 4th, 2008
Behringer Harvard announced the sale of 2383 Utah Avenue, an approximately 150,000-square-foot office building located directly south of Los Angeles International Airport. Read more »
Continue Reading Add comment August 4th, 2008
The bad news is that commercial real estate loan defaults in California have tripled since last quarter and doubled since a year ago, according to the latest quarterly report from the California Mortgage Bankers Association. The good news is that even the latest, higher figure is only 0.06 percent, nearly a record low. The second-quarter CMBA survey found only seven loans that were more than 30 days delinquent, out of 10,794 commercial real estate loans included in the survey. In addition, 15 of the 17 commercial lenders that responded to the survey reported no loans more than 30 days delinquent. Read more »
Continue Reading Add comment August 4th, 2008
R.D. Olson Development has promoted Michael Riley from director of development to vice president of finance. Read more »
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