Monday, December 10, 2012

Partnership Develops Affordable Housing at YMCA




California





Partnership Develops Affordable Housing at YMCA



LOS ANGELES-The $21-million, 49-unit community will serve low-income adults and youths transitioning from homelessness to independent living, including those living with mental illness.









GSP Arranges Financing for 3rd St. Promenade Asset



LOS ANGELES-GlobeSt.com learns exclusively that the 7,500-square-foot property currently houses the first West Coast Converse retail store.









Meridian Arranges $35M in Financing for 36 Properties



CARLSBAD, CA-The local office recently negotiated and closed nine loans in three states for hotel, multifamily and office properties, GlobeSt.com has exclusively learned.







National





CRE Distress Is Heading in the Right Direction



WASHINGTON, DC-Delinquency rates in commercial real estate continue to drop. You'd almost never guess that at one point distress real estate had breached $200 billion.








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