Latest Charlotte / Raleigh commercial real estate news

Quicken Loans Doubles Size in Charlotte

CHARLOTTE, N.C. - Quicken Loans Mortgage Services is more than doubling the size of the Charlotte office, leasing 20,000 square feet to accommodate the projected year-end staff of 200 employees. The online lender will relocate at the end of June to 6135 Park South Dr. from 1915 Rexford Rd. Quicken currently employs 150 workers in Charlotte. The 50 jobs are dedicated to the loan underwriting group.

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$35M CMBS Loan for New Hope Commons in Durham

Deutsche Bank and Cantor Commercial Real Estate have filed a prospectus for COMM 2012-CCRE1, their new commercial mortgage back securities (CMBS) conduit deal. Included is information on the 10 largest loans in the transaction, one of which is the The New Hope Commons loan, a fixed rate loan secured by the borrower's fee simple interest in the 408,292 square foot Walmart-anchored power center located at 5400 New Hope Commons Drive in Durham, NC. The loan's original balance...

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