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PROJECT UPDATE – August 2017

Trigild Expands Management Portfolio
San Diego Real Estate Services Firm Elevates National Presence

Expanding its national portfolio, Trigild – a San Diego-based real estate services firm – has taken over the management of more than 240,000 square feet of retail and commercial property. Trigild will now oversee day-to-day management for Pacific Medical Plaza, a three-story, medical office property at 4910 Director’s Place in San Diego’s Sorrento Mesa neighborhood and Apple Tree Mall, a retail complex at 4 Orchard View Drive, Londonderry, N.H. Read More

Keynote Speakers Set For Annual Trigild Lender Conference

Please join us in San Diego, this October, at the Trigild Fall Lender Conference. Now in its 17th year, this event attracts the commercial real estate finance industry’s most respected and influential professionals.

You won’t want to miss out on the informative educational sessions or the valuable networking events scheduled on the agenda. The Trigild team is always on hand to make introductions and connect you with potential clients and business associates. We hope to see you there.

Click here for more information. Registration is open and sponsorships are available!

Case Study:
Pacific Northwest Five Hotel Portfolio

Trigild was appointed receiver for five hotels in the Pacific Northwest. Located in Washington, Oregon and Idaho. The hotels’ reputations suffered in their respective markets due to outdated FF&E and poor management.

CHALLENGES:

  • Due to the nature of a receivership, we needed to make due with tired public areas and guestrooms.
  • Poor communication and interaction between on-site management, corporate leadership and ownership
  • Outstanding accounts payable balances with vendors caused disruptions in delivery of goods and service, which had a negative impact on guest experience and delayed hotel bookings.
  • Inefficient hotel operations, resulting in unhappy staff and poor guest satisfaction.
  • Problems with an outdated Property Management System used at each property contributed to inaccurate reporting and accounting.

Click here to see how Trigild increased the value of the selling price of the properties to benefit both the debtor and the lender

Trigild’s Most Recent Projects

  • Property management for retail center in Londonderry, NH
  • Receiver for retail property in Pocatello, ID
  • Receiver for retail property in Vallejo, CA
  • Property management for medical office property in San Diego, CA
  • Receiver for retail property in Killeen, TX

Industry News

CMBS Issuance Skyrockets In Q2 As Market Warms Up To Risk Retention – Trepp

With hotel industry at peak occupancy, where does it turn for growth? – Hotel Management

Large commercial property deals dwindle – Scotsman Guide

Retail Comeback, Or Just A Few Bright Spots? – Forbes

CMBS Supply/Demand Fundamentals Stable – MBA Newslink