News

Landmark Links September 28th – Shot Across the Bow

  Must Read: Amazon has made it clear that they want to own the “smart home” space, releasing over a dozen new devices powered by Alexa.  Now the eCommerce behemoth is taking things a step further and dipping its toes in the home building business by investing in Plan Prefab, a company that uses sustainable construction […]

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36-unit Apartment Community

Landmark Capital is pleased to announce the successful closing of a $5,385,000 bridge loan in Burien, WA. The property is located just west of the Seattle-Tacoma International Airport. Loan proceeds provide for the acquisition and repositioning of Fox Cove Apartments, a 36-unit community. Landmark Capital identified a bridge lender with extensive multifamily expertise that met […]

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Landmark Links September 25th – Outside the Box

  Must Read: Money is pouring into alternative lending funds in unprecedented amounts as investors seek both yield and protection in the late stages of a bull market.  These funds are beating banks on both proceeds and flexibility and the massive capital flows are driving borrowing costs down.  However, some have begun to question if the […]

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Landmark Links September 21st – Too Big to Fail?

  Lead Story: “If you owe the bank $100 that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.” – J. Paul Getty The not-so-subtle implication in the quote above is that a lender can easily foreclose on a borrower who has borrowed a small balance and defaults without risking its […]

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$49,000,000 Hotel Construction Financing

Landmark Capital is pleased to announce the successful closing of a $49,000,000 construction loan in Los Angeles, CA. Loan proceeds will be utilized to build a Hyatt House Hotel located in the heart of the Health Sciences Campus of the University of Southern California. The mixed-use project consists of a five-story full-service hotel, retail, and […]

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Landmark Links September 18th – Above the Law

  Must Read: The California Coastal Commission is unaccountable to taxpayers, corrupt and often capricious with the power it wields.  Making matters worse, commissioners hit with fines or judgements for breaking rules have those costs picked up by the same taxpayers who they don’t answer to. Economy Keep it Simple: Recessions happen when the economy runs out […]

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Landmark Links September 14th – Breaking Out the Big Guns?

  Must Read: HUD secretary Ben Carson has begun to talk about using federal power to discourage cities from using zoning to keep out poor people by requiring  that cities that receive federal housing grants reduce their use of exclusionary zoning.  If actually implemented, this would be a game changer in terms of allowing for production of more […]

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Landmark Links September 11th – Its All Relative

  Must Read: One third of people making $100k think that they are underpaid, according to new research.  Going to go out on a limb here and assume that this is largely because $100k is not very much money to live off of in most markets where $100k salaries are common. Economy Help Wanted: The […]

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Landmark Links September 7th – Shrinkage

  Lead Story…  If you read real estate industry headlines these days, you would be mistaken for thinking that property prices in California are doing anything other than rising.  It seems as though every day (with the possible exceptions of malls and class A apartments), there is a story of some sort about a new […]

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100,000 Square Foot Office Building Financing

Landmark Capital is pleased to announce the successful closing of a $10,450,000 bridge loan in Pomona, CA. Loan proceeds will be utilized to return acquisition equity and fund execution of the business plan. The +/- 9.8-acre subject site consists of a 100,000 square foot office building with an adjacent 5.3-acre parking lot. The business plan is […]

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