The investment team from Mutual of Omaha visited with the Q10 Realty Mortgage & Investment group this week to discuss lending opportunities. The evening started with dinner followed by a College World Series game.
Q10 Realty Mortgage & Investment Company arranged financing for San Isidro Plaza Shopping Center located in Santa Fe, New Mexico. This Community Center consists of 285,000 SF of Gross Leasable Area plus a large parking deck and is anchored by Lowe’s Home Improvement Center, Regal Theater and Sprouts Grocery Store along with an excellent mix of smaller national, regional and local tenants.
“The center is located in a market with significant barriers to entry and was 100% occupied at closing. The sponsor spent several years assembling the site and obtaining the development approval through the the City of Santa Fe, NM.” ~ Michael Kelly
Michael Kelly, President of Q10 Realty Mortgage and Investment Company, recently spoke with reporters at the Colorado Real Estate Journal about the commercial real estate market and how it is performing in 2015. Highlights include:
- Record year for lending for life insurance companies
- Record year for government-sponsored enterprises
- Record low interest rates
- Fully amortized loans available for longer periods
Read the full story at Colorado Real Estate Journal.
Q10 recognizes some of the transactions closed in April and May from our offices nationwide.