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>>Archive News - 2008


December 21, 2008
The Columbian
Retail Developers Ease Up on the Throttle in Face of Challenging Economy
This year’s flood of Clark County retail store openings is expected to slow to less than a trickle in 2009.

December 17, 2008
Daily Journal of Commerce
Clark County’s Largest Apartment Complex Funded by NBS Financial Services
Vancouver’s Mission Hills Apartments received $18 million through a long-term, fixed-rate loan…With construction completed on the 288-unit second phase of the Mission Hills Apartments in Vancouver, Wash., Norris Beggs & Simpson Financial Services has announced that it has secured an $18 million long-term, fixed-rate loan for what is now Clark County’s largest apartment complex – 556 units.

December 15, 2008
The Columbian
Norris Beggs Handles Mission Hills Refinancing
Norris Beggs & Simpson Financial Services has helped the developer of Mission Hills Apartments convert to $18 million in fixed-rate debt to develop the Vancouver project’s 288-unit second phase, which opened in October.

November 20, 2008
Daily Journal of Commerce
Another Victim of Economic Dip: Commercial Real Estate Finance
In recent months, the economy has been at the forefront of Americans’ minds. Stock market volatility, the residential sub-prime mortgage crisis, job losses, and lowered consumer spending have all received considerable attention.

October 17, 2008
Daily Journal of Commerce
NBS Promotes Hathaway
Norris, Beggs & Simpson Financial Services has promoted Penny Hathaway to manager of loan administration.

October 15, 2008
The Oregonian
People
Penny Hathaway has been promoted to manager of loan administration at Norris, Beggs & Simpson.

October 3, 2008
Portland Business Journal
Corporate Philanthropists
Norris, Beggs & Simpson Companies places 16th in cash contributions to nonprofits by "medium companies $10-50 million in revenue."

July 25, 2008
Portland Business Journal
Top Commercial Lenders
NBS Financial placed Number 9 on this list, ranked by dollar volume of commercial loans in 2007.

May 23, 2008
CoStar
Ties to Life Insurers Proving Beneficial This Year
Norris Beggs & Simpson Financial Services in Portland, OR, has been able to keep its mortgage pipeline active even in a challenged lending environment in part through associations with life insurance companies.

May 13, 2008
Mortgage Bankers Association

DealMaker of the Day

Norris, Beggs & Simpson Financial Services, Portland, Ore., arranged more than $24.7 million in financing for industrial properties and a mixed-use retail, industrial and office property in Oregon and Washington state.


May 7, 2008

NBS Financial Closed Financing Totaling $185.1M in First Four Months of Rocky 2008
NBS Financial Services has been able to keep its pipeline active, even in a challenged lending environment. The commercial real estate mortgage brokerage has closed and committed $185.1 million in financing since January 1, 2008.


May 2008
Western Real Estate Business

Extra Credit
King Tower Apartments and 1943 First Avenue South are highlighted in WREB’s “Loans Recently Closed for Western Properties” roster.


March 31, 2008

Hering, Jr. Facilitates $14M for King Tower
Norris, Beggs & Simpson Financial Services Executive Vice President Blake Hering, Jr. facilitated the acquisition financing of $14 million to borrower King Tower Holdings, LLC, for its purchase of the King Tower Apartments.


February 2008
Western Real Estate Business

Pacific Northwest: Bright Spot In Current Lending Landscape
The often-rainy Pacific Northwest turns out to be a bright spot in the current national economy.



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