Category Archives: office

Looking for financing? The basics still matter

by Dan Rafter Midwest Real Estate News recently spoke with James Cope, executive vice president and managing director with commercial financing company Walker & Dunlop, about the steps investors, owners and developers must take when seeking commercial financing. Cope said … Continue reading

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It’s a continuing trend: Two-building office campus in St. Louis headed for online auction

by Dan Rafter Online real estate company Ten-X is auctioning off a two-building office tower campus in the St. Louis area. Bidders will see on Oct. 5 which buyer will become the new owner of the property. The sale of … Continue reading

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Avison Young: Indianapolis, Cleveland, Columbus and Chicago office markets still on the rise

  by Dan Rafter The vacancy rate in the downtown Columbus office market dropped to 7 percent in the second quarter, according to the latest research from Avison Young. That’s a strong performance, good for a drop of 60 basis … Continue reading

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Stability and predictability in CRE? Property management offers them both

By Dan Rafter How important is a strong property management division for commercial real estate companies that want to continue to grow? Randel Waites, principal for property management with the Chicago office of Avison Young, says that it’s not only … Continue reading

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Commercial rents at historic highs in West Michigan, according to Colliers

by Dan Rafter Renting commercial space in the West Michigan region is getting more costly, according to the latest numbers from Colliers West Michigan. Colliers reports, in its second quarter market reports, that rental rates in West Michigan in the … Continue reading

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Office vacancy rates fall to lowest level since 2008

by Dan Rafter The office sector isn’t as hot as multifamily or industrial. But this sector is seeing steady improvement across the nation, according to the latest numbers from CBRE. According to CBRE, the vacancy rate of the U.S. office … Continue reading

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Construction loan activity hot as ever in Detroit, St. Louis, Chicago and other Midwest markets

by Dan Rafter More developers across the Midwest are seeking construction loans today. And when they hunt for these loans? More often they are turning to alternative lenders. Just ask Kevin Farrell, senior director of originations, and Mike Belliissimo, chief … Continue reading

Posted in Chicago Commercial Real Estate, Cleveland commercial real estate, Detroit commercial real estate, Finance, Illinois, Illinois real estate, Michigan commercial real estate, Missouri commercial real estate, multi-family, office, Ohio commercial real estate, residential real estate, St. Louis real estate | Tagged , , , | Leave a comment