Norris, Beggs & Simpson Financial Services, Portland, Ore., arranged $40.5 million for assets in California, Oregon and Washington State.
Commercial Real Estate Financing Briefs
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.
People on the Move: Lindsay Bigby
Lindsay Bigby has joined NBS Financial Services as Manager of Loan Administration.
Soundview Apartments in Seattle Receives $7.5M
The 85-unit Soundview Apartments in West Seattle has received $7.5 million in financing.
Pioneer Village Shopping Center in Orting Receives $9 Million
The Pioneer Village Shopping Center in Orting, a tertiary market about 40 miles south of Seattle, has received a $9-million loan.
NBS Financial Services Arranges $7.5 Mil on Portland Industrial Property
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.
Dealmaker of the Day
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.
Today’s Deals: Norris, Beggs Arranges a $26.5M Acquisition Mortgage
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.
The Pioneer Village Shopping Center Receives $9 Million Loan
The Pioneer Village Shopping Center in Orting, a tertiary market about 40 miles south of Seattle, has received a $9 million loan.
Pioneer Village Shopping Center in Orting Receives $9M
The Pioneer Village Shopping Center in Orting, a tertiary market about 40 miles south of Seattle, has received a $9-million loan.
Commercial Real Estate Financing Briefs
Mike Wood and Andrew Patterson of NBS Financial Services arranged $9 mil for Pioneer Village Shopping Center in Orting, a small town about 40 miles south of Seattle.
NBS Financial Services
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.
Deal-Wrap
ORTING, WA-NBS Financial Services principal Mike Wood and associate finance officer Andrew Patterson have arranged $9 million in financing for Pioneer Village Shopping Center here.
Real Estate Executives Cite Barriers to Development
Portland’s commercial real estate recovery is being hampered by a lack of new jobs, the vaunted “Portland process” and a lack of a united public-private vision for the region
Walker & Dunlop Provides $14 Mil on Spokane Res Community
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 Financial Services
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.
Norris, Beggs & Simpson: Past, Present and Future
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…
Dealmaker of the Day
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.
NBS Arranges $19 Mil in Refi Money on Two Pac NW Commercial Properties
NBS Financial Services recently arranged financing on two notable deals in the Pacific Northwest.
Most Powerful Mortgage Banking Firms
NBS Financial was ranked #15 on a list of the most powerful mortgage banking firms nationwide.
Manzano Mesa Obtains $10.5 Million in Refinancing
The 224-unit Manzano Mesa apartment community in Albuquerque has received $10,537,000 in refinancing.
NBS Financial Arranges $10 Mil in New Financing on Oregon City Grocery-Anchored Center
NBS Financial Services arranged $10 mil in take-out financing on the Safeway-anchored Hilltop Mall Shopping Center in Oregon City, OR.
Commercial Real Estate Finance Market Was Strong in 2011 and Will Be Solid in 2012
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.