Commercial Real Estate & Business News – July 15, 2016

With CMBS issuance down by half over the first half of this year, banks have largely stepped in to meet the strong demand for CRE debt financing. However, analysts are beginning to raise questions on the impact regulatory and pricing issues may have on bankers’ ability to continue providing borrowers with funds in the second half. …»
Scottsdale-based Healthcare Trust of America Inc. (NYSE: HTA) completed a $350 million bond offering to help pay down its debt. The real estate investment trust, or REIT, is the largest owner and operator of medical office buildings in the U.S. This is a good time for REITs to complete bond offerings…»

The U.S. office market continued to record strong demand as measured in both occupancy and rent growth at midyear, and analysts even found optimism in the slowing trend in investment sales activity seen year-to-date. Office net absorption rebounded from a slow first quarter…»

Utah-based marketing firm Clearlink plans to bring 500 jobs to downtown Scottsdale over the next three years after opening a new office at the Galleria Corporate Centre in June, the company announced Thursday. Clearlink founder James Clarke started the company in his fiancee’s basement in 2001…»

CT Realty in Newport Beach, Calif. (Dominic Petrucci, James Watson, Carter Ewing, managing partners) has entered the Valley real estate market with the $27.353 million ($65.50 per foot) purchase of a 417,600-square-foot distribution-warehouse facility in Tolleson. The fully occupied building, being utilized as a logistics center …»