A new housing development aimed at UC Merced students is expected to be the closest off-campus housing alternative for the ever-expanding university. Called “Merced Station,” the development at the corner of Yosemite Avenue and Lake Road is set to include 15 residential buildings with 270 units and 885 beds — plus retail and dining spaces.
Vicky Schiff co-founded Mosaic Real Estate Investors in Calabasas, CA, and took a financial and professional risk in doing so. Making that bet to bring a new lender into the marketplace in turn has provided jobs for others and capital for borrowers to fulfill their own goals that may encompass developing an apartment for people to live in, a hotel for people to visit, places to shop, a residence for students, or a facility to distribute products.
“As Ginger Rogers said, ‘I do everything that Fred Astaire does, backwards and in heels,’ ” said New York City Deputy Mayor Vicki Been, who opened Commercial Observer’s Women in Real Estate conference on Nov. 13.
Join the Bisnow team on September 24th as we unpack everything you need to know about capital markets, the lending and investment climate, who’s buying and who’s selling, how to land your next deal, and how to weather future unpredictable factors.
When Ethan Penner and his team in 1992 started originating commercial mortgages with an eye toward securitizing them, few lenders were willing to do so. Times were so desperate that even the best operators had a hard time getting a mortgage for their properties…
Mosaic Real Estate Investors has provided $460 million in senior debt to BPM Real Estate Group for a massive planned mixed-use development called Block 216 in Downtown Portland, Ore., according to information from Mosaic.
Borrowers are taking advantage of the crowded debt fund space to find some pretty sweet deals on short-term bridge loans.
The $75 million Timbers Kiawah – Ocean Club & Residences is the South Carolina island’s first new residential oceanfront development in more than 30 years.
While lenders are cautious on hospitality deals, there are a range of options for borrowers looking to secure funding this year…
The Robert Green Company has reeled in a $212.2 million mortgage for construction of new lodging buildings that will augment an existing resort…