Posts tagged Market Trends
NAI Global announced today it is expanding its coverage in northern California with the signing of Kilpatrick & Company Brokerage. The firm will operate as NAI Kilpatrick, serving the Oakland and San Francisco markets, beginning April 1. More >
NAI Bluestone Real Estate Capital Raises $9.5M in Financing for the Acquisition and Redevelopment of the Northeastern Hospital in Philadelphia, PA
NAI Bluestone Real Estate Capital has successfully raised $9.5 million in debt and equity financing for the acquisition and redevelopment of the Temple Northeastern Hospital, a 280,000 SF health care facility located in the Port Richmond section of Philadelphia, PA. NAI Bluestone acted as both advisor and principal on behalf of a Philadelphia based partnership. The partnership recently closed on the acquisition and will convert the property into a Class A hospital and multi-tenant medical office facility anchored by Temple University Health Systems. Bluestone secured the financing from a private New York City based investor and through its subsidiary, Bluestone Healthcare Capital, provided credit enhancement for the partnership’s lender. More >
NAI Global announced today it is expanding its coverage in Albuquerque, NM with the signing of Maestas & Ward. The firm will now operate as NAI Maestas & Ward.
Headquartered in Albuquerque, NAI Maestas & Ward Commercial Real Estate is regarded as one of the fastest-growing and most respected commercial real estate firms in New Mexico. With 50 full-time professionals, NAI Maestas & Ward is a full service firm offering brokerage and leasing of retail, industrial, multifamily and office properties, as well as business brokerage and property management services.
NAI Maestas & Ward was co-founded in 1996 by Steve Maestas and Phil Ward. Phil Ward has since retired from the company leaving Maestas as the managing partner. The firm’s marketing phrase, “Got Space,” has given it the highest brand awareness in the New Mexico market.
In announcing the NAI affiliation, Maestas stated, “The extensive knowledge and experience of our advisors, combined with the broad reach and expertise of NAI Global, will enable our clients to benefit from a menu of international contacts and services. In a recessionary cycle, we need to utilize every possible resource. The NAI Global platform gives our clients this extra competitive advantage.”
“We are excited to have Steve’s team on board,” said NAI Global Executive Vice President David Blanchard. “Maestas & Ward has a very strong presence in the greater Albuquerque market. Their dedication to superior client service and a desire to expand their reach around the globe makes them a perfect fit within NAI’s managed network.”
NAI Maestas & Ward is located at 6801 Jefferson NE, Suite 200 in Albuquerque, NM. Headquartered in Princeton, NJ, NAI Global manages a network of 350 offices and 5,000 professionals in 55 countries across the globe.
NAI Global, the world’s premier network of commercial real estate firms and one of the largest real estate services providers worldwide, today announced it is extending and expanding its relationship with NAI Robert Lynn of Dallas, Texas, under a new, long-term commitment. NAI Robert Lynn will open a fully staffed and serviced office in downtown Fort Worth in April 2011 under the agreement, which takes effect immediately. More >
NAI Global is about to unveil our 25th annual Global Market Report, a comprehensive review of more than 215 commercial real estate markets around the world, complete with economic forecasts and current rates and trends.
The report will be available as a PDF starting next week, so stay tuned!