Don Garner Archives

Interest rates create uncertainty in CRE financing

Construction Projects, AZRE Magazine March/April 2011

Looking at the commercial real estate financing industry is like looking at statistics: There can be several different interpretations. If you look at the numbers from 2015, commercial and multifamily mortgage bankers closed $503.8 billion in loans, according to a report from the Mortgage Bankers Association (MBA). Those numbers were 26 percent higher than 2014.… Read More →

Lending the way: A good buy is hard to find

In 2013, NorthMarq Capital arranged $10.1B in loans. In 2014, that number rose 20 percent to $12.6B, reports Managing Director James Dumars. That doesn’t mean the market isn’t competitive, notes DuMars, who locked in a low-leverage $25M loan at 3.64 percent for 10 years. He is also financing a $56M class-A shopping center purchase at… Read More →

Metro Phoenix Land and Housing Forecast examines ‘refined opportunity’

Land Advisors, WEB

While the industry has experienced sub-par housing activity over the past 11 months, the anticipated pace of growth going forward depends on a few factors, not the least of which is credit and qualification conditions, household formation, employment growth, the cost of new construction and outsiders’ perceptions of the local market. What are the expectations… Read More →

Leadership spotlight: Don Garner

Garner
by in Az Business Leaders | Banking

Don Garner Executive vice president Alliance Bank of Arizona alliancebankofarizona.com Garner is executive vice president and statewide real estate manager for Alliance Bank of Arizona’s commercial real estate group. Garner has more than 25 years of experience in commercial and residential lending in Arizona and has been with Alliance Bank since its inception in 2003.… Read More →