Walker & Dunlop’s 2011 loan volume rises 27 percent

Walker & Dunlop celebrated an improved year in 2011. According to a press release from the company, Walker & Dunlop recorded a loan origination volume of $4 billion during the year, with many of those dollars going to fund projects in the Midwest. That’s an increase of 27 percent from the loan origination volume that … Read more

CSM Corporation completes two retail leases in Minnesota shopping center

Minneapolis-based CSM Corporation recently completed two sizeable leases in the Ridgedale, Minn., trade area at Bonaventure, a shopping center that now boasts nearly 90 percent occupancy. Marshalls has leased 25,931 square feet in the former site of Linens and Things, with construction already underway and an opening date targeted for Spring 2012. Destination XL, a … Read more

Podolsky Northstar CORFAC International negotiates mortgage note sale

Months after it was retained as exclusive agent, Podolsky Northstar CORFAC International has negotiated the sale of two mortgage notes that are secured by the property formerly known as the Purple Hotel in Lincolnwood. The value of the transaction was undisclosed. North Capital Group, a holding entity for two local investment and management firms, acquired … Read more

Harrison Street Real Estate launches core property fund

Harrison Street Real Estate Capital LLC has announced the launch of Harrison Street Core Property Fund L.P., the first open-end core fund dedicated exclusively to investing in the demographically driven education, healthcare and storage segments of the real estate market. The fund will seek to acquire stabilized, income producing properties in the student housing, senior … Read more

Rent rises in Manhattan, bolstering occupancy rate

According to a recent report from Prudential Douglas Elliman, the Manhattan rental market continued to make great strides during the fourth quarter, which could make investing in a home for sale in New York City a safe bet. The report showed that rental prices during the fourth quarter increased by 9.5 percent on a year-over-year … Read more