Maturing cycle will spur these three 2018 trends ?
December 2017 – Next year will market the 10-year anniversary since the start of the last recession, and it has some nervous. The maturing cycle paired with nominal increases in interest rates could spur several new trends next year. We sat down with Mitch Paskover, president of Continental Partners, for an exclusive interview to talk about the capital markets that we can expect next year.
Will Lenders Roll Out the Welcome Mat for Hotel Investors?
June 2017 – While the hotel sector has demonstrated steady growth over the past few years, several new trends are making financing in the sector considerably more challenging. Although lenders are still willing to finance hotels, many are taking a more conservative approach to underwriting.
Continental Partners Secures Financing for SF Conversion
March 2017 – Continental Partners has secured $5.3 million in bridge to mini-perm financing for the acquisition and conversion of a 7,500 square-foot value-add office building in the San Francisco financial district into multifamily micro-units. The financing was arranged by Continental Partners Director Eugene Rutenberg.
Dealmaker: Continental Partners Secures $19MM in Ventura County, California
March 2017 – Continental Partners, Los Angeles, secured $19.2 million for a 256,000squarefoot industrial property in Ventura County, California. Zalmi Klyne, Director with Continental Partners, arranged the owner-user financing.
Continental Partners Arranges Acquisition And Renovation Financing For Office To Micro-Unit Multifamily Conversion In Downtown San Francisco.
March 2017 – Continental Partners has successfully secured $5.3 million in bridge to mini-perm financing for a 7,500 square-foot value-add office building located in the financial district of downtown San Francisco, to be converted into multifamily micro-units. The financing was arranged by Continental Partners Director Eugene Rutenberg.
Behind the Deal Q&A with Continental Partners’ Zalmi Klyne
February 2017 – In this current lending environment, there is still plenty of liquidity in the market and strong lender appetite for industrial deals, says Continental Partners’ Zalmi Klyne. Recently, the West Hollywood, CA-based firm arranged $19.2 million in owner-user financing for a 256,000 square-foot industrial property in the Ventura County market.
Lenders Are More Conservative, Especially With Distressed Assets
January 2017 – Assets in secondary and tertiary markets are getting more scrutiny, and lenders are pricing interest rate hikes in underwriting, especially with Dodd-Frank regulations taking effect and an increase in interest rates.
Real Estate Forum, Fifty Under 40 – Mitch Paskover
October 2016 – What does it take to be at the top of your game before you turn 40? As President of Continental Partners, Mitch Paskover Originates debt and equity transactions for his national client base across all major commercial product types.
San Diego value – add opportunities rise
October 2016 – Value – added opportunities are rising as the city reaps the benefits of job growth and lack of supply in the region. “Value – add opportunities in Class B and C product have seen the most growth over the last few years…” said Eugene Rutenberg, Director of Continental Partners.
How Mortgage Bankers Are Meeting Value – Add Demand
October 2016 – The San Diego market will continue to see strong demand for creative co-working office and flex/R&D spaces, as well as increased investment in class-B and -C office assets well into next year, Continental Partners’ Eugene Rutenberg tells GlobeSt.com
Continental Partners Arranges $7M Loan To Acquire And Rehab Downtown Office Building
September 2016 – Continental Partners’ Director Eugene Rutenberg has arranged a $7M bridge loan for a San Diego-based investor to acquire a 25k SF office in Downtown SD’s Financial District.
Dealmaker: Continental Arranges Funding for Value – Add Asset in San Diego’s Core
September 2016 – A value-add office asset in the city’s core recently received bridge financing totaling $7 million with the help of Continental Partners. Company Director Eugene Rutenberg headed the financing that will be used in the acquisition and renovation of the asset.
Dealmaker: Continental Partners Secures $21M
August 2016 – Continental Partners’ President Mitch Paskover arranged a $12.7 million non-recourse loan to finance a Redwood City, Calif. multifamily property. Director Eugene Rutenberg also secured $8.23 million for three Class A industrial assets totaling 105,000 square feet in the greater Los Angeles area.
Lenders’ Love Affair with Industrial Deals
August 2016 – Continental Partners recently secured aggressive financing for three class-A industrial assets, and witnessed the trend first hand. Eugene Rutenberg, a Director at the firm, says that the deals are a perfect example of the demand for industrial financing opportunities among lenders.
Dealmaker: Continental Partners Secures $19M for Hotel Refi
July 2016 – Continental Partners, Los Angeles, secured $19 million in refinancing for Courtyard by Marriott, a 195-room select-service hotel in Los Angeles’ Baldwin Park submarket. “The financial markets for commercial properties have made a tremendous comeback over the last several years, yet the market for limited hotels is still a bit conservative,” Paskover said.
Sacramento CBD Recovers at Slower Pace Than Suburbs
June 2016 – Presenting an additional obstacle in a recent funding transaction, two office assets were highly distressed and vacant. Continental Partners resolved this by pooling the two distressed office assets with a stabilized retail asset, leveraging the stabilized asset to secure the necessary financing at a loan-to-value rate of 65%.
Continental Partners Places $16.175 Mil on Four Sacramento County Assets
January 2014 – The Los Angeles-based commercial real estate investment banking firm, Continental Partners, announces it has successfully placed the cash-out refinancing on four commercial assets in greater Sacramento County.
Continental Partners Arranges $50M Refinance of Bridge Loan – Los Angeles Top Story
June 2013 – A $50M refinancing of a bridge loan secured by the Embassy Suites hotel here has been obtained by Continental Partners. Mitch Paskover, President of Continental Partners, arranged the refinancing.