Portland’s second-largest office building gets $66M refinance to help fund energy upgrades

NBS Financial Arranges $66M for Montgomery Park: One of the Naito family’s remaining Portland properties — the second-largest office building in the city — has gotten a fresh refinancing.

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People on the Move

With over 8 years’ experience in commercial real estate finance, Joe Jurczak most recently worked for Walker & Dunlop in Walnut Creek, CA as an underwriting analyst and specialized in structuring Fannie Mae, Freddie Mac, and FHA/HUD loans for profit…

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Joe Jurczak joins Norris, Beggs & Simpson

Joe Jurczak has joined the financial services team at Norris, Beggs & Simpson. He has more than eight years of experience in the area of commercial real estate finance.

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Growth Impacting Commercial Real Estate Market

Portland residents know the city is experiencing a boom in apartment construction. However, that’s just the most visible sign of a red hot real estate market that is triggering commercial and residential construction throughout the region.

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NBS Arranges Acquisition Financing for FedEx Portfolio

TIC – RI Pullman, L.L.C., RI Cascade, L.L.C., RI Elk Grove, L.L.C. (Rood TICs), has received a combined $52 million in acquisition financing for three, newly constructed FedEx Ground distribution centers in its need to satisfy a 1031 exchange.

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Converging conditions good for commercial real estate

Converging Conditions: The many considerations that affect valuation and pricing of commercial real estate have now aligned to create a near ideal environment for borrowers. It’s been a long time since so many broad-based economic factors have conspired so favorably.

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