In Progress: Santee Village

DEVELOPER: MJW Investments and Phoenix Realty Group

LOCATION: Los Angeles

SIZE: Seven buildings, 68,000 sq. ft. of ground-floor retail space, 165 loft apartments, 280 loft condos

COMPLETION: Fall 2007

BUZZ: The redevelopment is the largest adaptive reuse development in L.A. The project includes an on-site market, café, food court, pharmacy and retail shops. Built between 1912 and 1926, the buildings have been designated historic structures.

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There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?

 

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