HSA commercial real estate'S FINANCE BROKERAGE DIVISION ARRANGES OVER $257 MILLION IN FINANCING TO DATE IN 2006
September 29, 2006
Melissa Pielet, principal and executive vice president of finance at HSA Commercial Real Estate, announced that the firm's finance brokerage division has arranged more than $257 million in financing transactions to date in 2006 on a variety of properties located across the United States. This puts Pielet and Ellie Schumacher, assistant vice president of finance, on track to having a record setting year.
The product types financed included industrial, retail, office, medical office and vacant land. The type of lenders and mortgage products were tailored to each property owner's investment strategy and the property's location. Some of the larger transactions include:
Since joining HSA, Pielet has financed more than 67 million square feet of properties valued at over $2.5 billion for HSA and third party owners. She is a recognized expert in the industry for her ability to customize financing transactions to meet the expectations of investors, along with working closely with a variety of commercial real estate lenders. Schumacher, who joined HSA in May, 2004, has assisted in more than $730 million worth of financing totaling over 14 million square feet.
Celebrating 25 years of excellence in commercial real estate, Chicago-based HSA Commercial Real Estate is a diversified national real estate firm specializing in office, industrial, retail and health care real estate leasing, management, marketing, development and financing on a national basis. The firm and its principals have developed and acquired more than 30 million square feet of commercial real estate across the United States with total consideration in excess of $1.5 billion, its brokerage divisions have completed more than 7,000 transactions in 43 states representing both owners and tenants, while the asset management division currently manages a property portfolio in excess of 15 million square feet in 11 states.
