Montana
NAI Legacy Completes Syndication of $43M DST Portfolio
NAI Legacy has fully subscribed the $42.5-million Essential Net Leased Midwest DST offering. As a sponsor of the DST, Minneapolis-based NAI Legacy helped 50 1031 Exchange investors from 18 states:… Read more
Skyservice Business Aviation Expands to Four PNW Locations
Canada’s Skyservice Business Aviation recently expanded to four new locations in the U.S. Pacific Northwest. Leading Edge Jet Center will… Read more
Bozeman Housing Project Fills Critical Need
A $46 million construction loan was recently obtained for the phased development of 400 units located within an Opportunity Zone… Read more
Bellwether Closes Four Affordable Housing Loans
Bellwether Enterprise Real Estate Capital LLC, the commercial mortgage banking subsidiary of Enterprise Community Investment Inc., recently closed four loan… Read more
Wood Investments Locks Into First Montana Property
Wood Investments Companies Inc. recently acquired a 67,000-square-foot retail building formerly occupied by Big Bear Sports Center in Billings, MT’s… Read more
Texas Passes Trucking Reform Bill by Unanimous Vote
By a unanimous and bipartisan vote of 31-0, the Texas Senate passed House Bill 19—a comprehensive reform bill to reduce… Read more
California Population Increases But Less Than National Pace
The U.S. Census Bureau announced the U.S. population (308.7 million) and the statewide breakdown this week. While the state population… Read more
CA, NY, IL to Lose Congressional Seats, TX and FL to Gain in Census-Driven Reapportionment
Six states will pick up seats in the U.S. House of Representatives and seven will lose under the Congressional apportioning… Read more
WNC Closes Its Largest Institutional LIHTC Fund to Date
WNC, based in Irvine, CA, announced today it has closed WNC Institutional Tax Credit Fund 50 LP (WNC Fund 50). The fund… Read more
Where Are Investments Thriving?
As one quarter winds down, there are signs of improvement within the commercial real estate sector in many respects. Connect… Read more
Migration in the Pandemic Was Less Than Expected, But with “Major Implications”
The mass exodus from major urban centers such as New York City and San Francisco during the height of the… Read more
Financing Continues to Gravitate to Multifamily of all Stripes
Financing to the tune of $46.16 million was recently secured for Creekside Apartment Homes I & II, a garden-style multifamily… Read more
What Does 2021 Look Like for Lenders and Borrowers?
By Lisa Brown To be sure, 2020 was one for the record books in many respects. However, it was also… Read more
Berkadia Delivers $26M for Montana MF Development
Berkadia arranged more than $26 million in construction financing for the second phase of Icon Apartment Homes at Ferguson Farm,… Read more
Berkadia Secures $40M in Financing for PNW Skilled Nursing Facilities
Berkadia’s Seniors Housing and Healthcare Group recently secured nearly $40 million in loan closings. The deals involved skilled nursing facilities… Read more
U.S. Jobless Claims Drop, California Reports Largest Increase
The U.S. Labor Department reported on Thursday that the number of Americans filing initial claims for unemployment insurance dropped to… Read more
Paradise Valley Plaza Picked Up by Montana Investor
Billings, MT-based Cloud Peak Development, LLC acquired Paradise Valley Plaza in Paradise Valley from Solana Beach, CA-based Fenway Capital Advisors… Read more
Capital Square Hires Nick Headley as Senior VP
Richmond-based national investment sponsor Capital Square has hired Nick Headley as senior vice president of central sales. In his new… Read more
“Yellowstone” TV Show Movie Studio Site Listed in Montana
A movie studio site with 3,000 feet of water frontage on the famed Blackfoot River near Missoula, MT has hit… Read more