Norris, Beggs & Simpson Financial Services, Portland, Ore., arranged $40.5 million for assets in California, Oregon and Washington State.
NBS Financial Services Principal Mike Wood and Associate Finance Officer Andrew Patterson arranged $7.5 mil on Soundview Apartments, an 85-unit apartment building with ground-floor retail in West Seattle.
Todd Harding of NBS Financial Services has arranged $7.5 mil in financing for the Morgan Distributing Inc Building, a 104.8k sf, owner-occupied industrial building in Northeast Portland. The fixed-rate, fully-amortizing, 17-year non-recourse loan was provided by State Farm.
Norris, Beggs & Simpson Financial Services, Portland, Ore., arranged $26.5 million for borrower Walter Bowen and BPM Real Estate Group, Portland, to acquire the Remington Apartments in Austin, Texas.
Norris, Beggs & Simpson Financial Services President Ken Griggs and Finance Officer Paddy Ryan have arranged $26.5 million in acquisition financing for the Remington Apartments, a 344-unit apartment community in Austin, Texas.
NBS Financial Services Principal Mike Wood and Associate Finance Officer Andrew Patterson arranged $9 million for Pioneer Village Shopping Center in Orting, 40 miles south of Seattle.
Walker & Dunlop recently provided $14 mil in Fannie Mae financing for Adirondack Lodge, a Class A, garden-style residential apartment community located in Spokane, WA. The loan was arranged by NBS Financial Services, as mentioned in a RENTV financing briefs…
NBS Finance Officer Jeff Henderson arranged $16 million for the PPE Building, a 93,500-square-foot office property in Tumwater. He also arranged a $10.3 million loan for the I-5 Technology Center, a 98,850-square-foot office building in Federal Way.
During the Great Depression, Norris, Beggs and Simpson was founded as Norris, Beggs and Base. On April 1, 1932 it opened its doors as a property management firm in the old Wilcox building at 506 S.W. Sixth Ave., where it…
NBS Financial Services, Portland, Ore. arranged financing for three Pacific Northwest transactions, including $10 million for the Safeway-anchored Hilltop Mall Shopping Center in Oregon City.
Significant challenges hit the commercial real estate finance market in the last two years, but 2011 saw significant recovery and progress over the previous year. Mortgage bankers are optimistic that 2012 will be another solid year.