Prudential Mortgage Capital Company recently closed a $46.5 million loan in Mexico on behalf of its general account for Verde Realty. The fixed rate 84-month term loan was combined with an existing $93 million loan. The pooled portfolio comprises 22 industrial manufacturing properties located throughout Mexico, in Tijuana, Juarez, Reynosa and Chihuahua. Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial,...
International Barrier Technology Inc. California architects, builders and designers looking to meet new fire codes for wildfire-prone areas now have a new, eco-friendly alternative — Barrier Technology’s Blazeguard® fire-rated structural sheathing panels. Blazeguard panels feature Pyrotite(TM), a patented, cementitious coating over either oriented strand board (OSB) or plywood of various dimensions. The coating not only resists ignition...
IHG, the world’s largest hotel group by number of rooms, today announced that the new 12-story Holiday Inn Express Quito in Ecuador has recently opened. This new property, IHG’s first hotel in Ecuador, further demonstrates the company’s commitment to expanding the Holiday Inn Express brand throughout key cities in Latin America, as it is the 14th Holiday Inn Express located in Central and South America. “We are thrilled to be opening the...
The Boston and Dallas offices of HFF (Holliday Fenoglio Fowler, L.P.) announced that they arranged a $90 million construction loan for the development of Archstone Avenir, a 241-unit multifamily community in Boston, Massachusetts. HFF executive managing director Jody Thornton, director Anthony Cutone and associate director John Ahmed worked exclusively on behalf of Archstone to secure the 36-month construction loan through NEBF Investments (National...
On September 2, Windrush School students will return to school and receive hands-on environmental science lessons — indoors. These lucky El Cerrito elementary and middle school students will be learning to make the most of their innovative new library and classrooms, some of the greenest learning spaces in the Bay Area. The building is expected to achieve a “Gold” rating from the U.S. Green Building Council’s Leadership in...
Advanced Data Centers (ADC), a leading owner and developer of corporate data centers, announced today that its McClellan Park data center has received Platinum Pre-Certification from the U.S. Green Building Council under the LEED® Green Building Rating System(TM). The McClellan Park facility, located in Sacramento, California, is the industry’s first and only LEED Platinum pre-certified data center. The Leadership in Energy and Environmental...
Modern Church Architecture Circa 1963 The building itself is around 10,000 square feet. It was built by an architectural firm in San Francisco in the early sixties. It is an awesome and timeless design. Originally uploaded by cSc – formerly Paint with light