Lee & Associates-LA North/Ventura, Inc. a full-service commercial real estate firm serving the San Fernando Valley and surrounding communities, has sold a 63,000 SF office building for approximately $12.65 million. Built in 1963 and renovated in 1997, the five-story building is located at 8447 Wilshire Blvd. in Beverly Hills, Calif.
As a leader in commercial real estate loans, Pacific Security Capital’s focus on financial engineering and transaction modeling combined with its emphasis on customer services propels the commercial real estate firm to the top of industry rankings.
BMC Capital, LP., today announced a definitive agreement to acquire privately held Principal Resource Group. Principal is an established Dallas based mortgage brokerage firm specializing in SBA and owner occupied real estate. This acquisition represents a major push by BMC to increase its market share in the owner occupied finance sector. BMC is currently the nation’s top commercial mortgage broker for the $500,000 to $5,000,000 sector.
Ccomposite method-weighted overall capitalization rate (OAR) indices decreased during the 1st Quarter of 2004 for all of the 11 property categories tracked as part of the Realtyrates.com™ Investor Survey.
The company offers a new and distinctly fresh approach to the for sale by owner client. After all, Hobo which stands for Homes Online By Owner has a founding team that blends real estate savvy with a clever commercial appeal.