TOP STORY: Investors Say Appeal of SLB Stronger Than Ever By Michelle Napoli While the commercial real estate investment market as a whole continues to face soft transaction volume in light of the countrys liquidity crunch, sale-leaseback investors say theyre seeing a healthy pipeline of deals.
Insider: BMC Capital’s Carl Esrey By Michelle Napoli Carl Esrey, the CEO of BMC Capital LP, founded the company in 1991 and remains one of its top loan originators. BMC specializes in providing loans in the $500,000- to $5-million range, including for net lease properties and 1031 transactions.
ARC, Wachovia Agree on Bank Branch Purchase By Michelle Napoli American Realty Capital II LLC, an entity formed by Nicholas S. Schorsch and William M. Kahane, announced an exclusive agreement with Wachovia Bank NA to buy more than 100 surplus branch properties from the bank this year for more than $100 million.