Commercial Real Estate & Business News – March 28, 2017

Infill development in need of funding can have opportunities and challenges, depending on the type of project being undertaken. Developers are garnering financing from both equity investors and lenders, as well as debt providers and banks, said Jim Belfiore, president of Phoenix-based Belfiore Consulting.…»
Retailer tenant sentiment is down as of the first quarter, says Canaccord Genuity, yet that’s a boon for class A mall landlords. The 25-basis point drop in Cannacord’s Tenant Sentiment Index from Q3 2016 reflects “retailers’ increasing focus on mall quality over quantity and ongoing market share shifts within the retail landscape,” says San Francisco-based…»

Stockdale Capital Partners and Jasper Ridge Partners have formed an institutional joint venture to recapitalize ownership of the Galleria Corporate Center in Scottsdale, AZ. The joint venture is the first partnership between the two firms. …»

The immediacy and accessibility of information in today’s digital age makes the internet uniquely suited as a medium for greater transparency. Companies that do the bulk of their business online are in many ways more accessible than traditional brick-and-mortar establishments, and that’s particularly true when it comes to marketplace lending.…»
Orion Investment Real Estate, a full-service brokerage firm, has arranged the sale of Mandarina Luxury Apartment Homes, a multifamily community located in Phoenix. Denver-based Capital Real Estate paid $25 million to acquire the property, which was developed by The GreyStone Group in 2002. …»