>>Archive News - 2006
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October 10, 2006
REBusiness Online
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NBS Financial Services Arranges $8.75M Loan for Sunchase Apartments
Blake Hering Jr. and Benjamin Johnson of Norris, Beggs & Simpson Financial Services have arranged an $8.75 million loan for Sunchase Apartments. The 240-unit complex is located at 3901 Montgomery Blvd. NE in Albuquerque. Jamboree Investors Sunchase was the borrower and Principle Global Investors was the lender. |
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NBS Financial Services Promotes Guenther
Norris, Beggs & Simpson Financial Services has promoted Erich Guenther to Finance Officer announced J. Clayton Hering, President of NBS Financial Services. |
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NBS Financial Services Adds Two to Finance Team
NBS Financial Services has added two Assistant Finance Officers to their Finance team. Paddy Ryan and Mick Stapleton will be working closely with the Finance Officers to originate loans and close financing for commercial real estate in the Pacific Northwest. |
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August 2, 2006
RE Business Online
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Wilsonville Apartment Complex Sells for $84,324 Per Unit
The Des Moines, IA-based Principal Financial Group provided $7,035,000 in acquisition financing for Towncenter Park Apartments in Wilsonville, Oregon. |
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Norris, Beggs & Simpson Companies' Bellevue Relocates to Downtown Seattle
Norris, Beggs & Simpson Companies (NBS Companies), the Pacific Northwest’s largest full-service provider of commercial real estate services, announces that its Bellevue, Wash. office, will be moving to a suite at 600 University Street, located in the heart of downtown Seattle. |
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July 20, 2006
Western Real Estate Business
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Norris, Beggs & Simpson Arranges $20.23 Million in Financing for Three Properties
Norris Beggs & Simpson has arranged $20.23 million in financing for three properties in the Pacific Northwest. Todd Harding arranged $15 million in financing for the borrower, a California-based real estate investment fund, for MJ Murdock Executive Plaza in Vancouver. He also arranged $3 million in financing for Macadam Village in Portland. The borrower was McDonald Family LLC. Michael Wood arranged $2.23 million in financing for the borrower, KTM1 LLC, for Meridian Plaza in Puyallup. |
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California Investor Gets $15 Million to Finance Purchase of 294,389 SF Mixed-use Plaza
California investor Laeroc Income Fund closed on a $15 million acquisition loan in their purchase of the MJ Murdock Executive Plaza, a 294,389 sf mixed-use project located in Vancouver, Washington. |
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June 2006
Western Real Estate Business
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Norris, Beggs & Simpson Arranges $9.5 Million Loan for Retail Center
Ken Griggs of Norris, Beggs & Simpson has arranged %9.5 million in financing for the 79,727 sf Sherwood Marketplace in Sherwood, Oregon. |
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NBS Financial Services Team Expands
Norris, Beggs & Simpson Financial Services added Financial Analyst, Brad Lawliss, to their Portland office and Assistant Finance Officer Erich Guenther to their Bellevue office. Benjamin Johnson has been promoted to Finance Officer in the Portland office as well. Furthermore, NBS Financial Services’ Loan Servicing Division added Loan Closing Specialist Lena Poet. |
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Nationwide Life Insurance Company Recognizes NBS Financial Services
Norris, Beggs & Simpson’s Financial Services Group recently received national, industry recognition. Vice Presidents, Blake Hering Jr., and Todd B. Harding, were awarded Nationwide’s 2005 “On Your Side” Awards. The prestigious award recognizes Nationwide’s top national correspondents. |
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NBS Financial Services Receives National Recognition
from State Farm Life Insurance Company
Norris, Beggs & Simpson’s Financial Services Group was awarded State Farm Life Insurance Company’s 2005 Correspondent of the Year Award. The prestigious award comes during NBS Financial Services’ record breaking year. |
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January 3, 2006
Western Real Estate Business
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Portland Firm Secures $40.5M in Acquisition Financing for High-end Phoenix Apartment Community
A group of Portland investors, doing business as Tenants-in-Common, recently acquired a luxurious, 404-unit residential community in Tempe, AZ called the Rio Salado Apartments. Blake Hering, Jr., Vice President at Norris, Beggs & Simpson Financial Services (NBS Financial Services) arranged the acquisition financing with State Farm Bank, FSB. |
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