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Crednology Holding Corp Announces Further Expansion of the Company's ...
http://www.marketwatch.com/story/crednology-holding-corp-announces-further-expansion-of-the-companys-subsidiaries-2014-01-23?reflink=MW_news_stmp
"We believe that with team leaders like Romel Carlton, Bob Klesath, and former Amstar Mortgage CEO Howard Wayland at the wheel, this group is poised to do great things," stated Troy Fields, Sr. Executive VP. "We are very pleased to have them as dealer 

AmStar Mortgage - Market Update 2-2-12.mp4

Market Update for Realtors - Job Market, Consumer Spending & Home Sales Create a Picture of What's to Come

Amstar buys The Citadel office building

Denver-based Amstar has acquired The Citadel, a 131,000-square-foot office building in the Cherry Creek submarket.

This acquisition marks Amstar’s first new investment in the U.S. after a focused asset management and disposition effort of its existing portfolio over the past 12 months. Amstar is familiar with the Denver market, having developed several residential properties throughout the city and previously owning Independence Plaza, a 567,000-sf office building in downtown Denver, for nearly 14 years.

“Amstar is pleased to have started the implementation of its re-investment strategy, which begins with The Citadel, a beautiful asset in a dynamic and thriving submarket,” said Jason Lucas, Amstar president. “We continue to actively seek similar office and multifamily opportunities in U.S. markets that exhibit strong population and job growth trends.”

Located on Cherry Creek South Drive, The Citadel benefits from a number of demand drivers, including proximity to Denver’s most desirable high-end neighborhoods, walkability to Cherry Creek North and the Cherry Creek Shopping Center, and easy access to the Cherry Creek Trail – a 42-mile paved pathway connecting Denver’s neighborhoods with the Front Range.

2016-2017 Arizona Case Law and Legislative Developments Affecting Commercial Real Estate and Lending

The following information accompanies a presentation Mike gave to members of the Arizona Commercial Mortgage Lenders Association (ACMLA) on March 14, 2017.

Pending Arizona Legislation – GPLET Transactions

House Bill 2213, which recently passed the Arizona House by a 50-9 margin, would impose a number of restrictions on Arizona’s GPLET program. The GPLET statute was enacted in 1996, and allows a city (Phoenix and Tempe are the most frequent participants) to acquire ownership of land and improvements in a blighted area (which then becomes exempt from property taxes due to their governmental ownership) and lease them back to the developer at a significantly reduced “Government Property Lease Excise Tax” rate; the property typically qualifies for an eight-year tax abatement, followed by a reduced or abated tax obligation (which can extend up to 25 years in total under current law). An estimated one-third of the largest buildings in downtown Phoenix have used GPLET leases.

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