by Kipp Gillian | Jul 5, 2023 | Distressed Assets
Midloch Investment Partners closed its second “value fund” (Midloch Value Fund II) to new investors after raising $60 million. This comes after the recent sale of its Last Mile Penn industrial property in Minneapolis and the acquisition of three multifamily properties...
by Kipp Gillian | Jul 2, 2023 | Distressed Assets
Federal financial institution regulatory agencies have jointly issued a final policy statement on commercial real estate loan accommodations and workouts. The updates reinforce and build on existing supervisory guidance calling for financial institutions to work...
by Kipp Gillian | Jun 28, 2023 | Distressed Assets
Peer Street, Inc. and its affiliated companies, headquartered in El Segundo, have filed for protection under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The filing comes after the company laid off...
by Kipp Gillian | Mar 22, 2023 | Office
Construction and development firm Ryan Companies US, Inc. has promoted Cory Handfelt to Director of Construction in Seattle. In his new role, Handfelt will work closely with Ryan construction teams to oversee projects from conception through completion. His...
by Kipp Gillian | Mar 22, 2023 | Office
Concordia University Irvine has expanded its Nursing program with the $43 million purchase of a 114,000-square-foot office building in the Spectrum District of Irvine, CA. The 6.6-acre site features a three-story freestanding building that was formerly the primary...