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PNC Real Estate receives coverage from regional and national news media as well as accolades and recognition from government and trade associations. Find news from these organizations in this section.

June 2011

Private Housing Goes to School

PNC has teamed up with a visionary developer to deliver student housing that is affordable, comfortable and creates a sense of community that enhances the college experience. Learn More.

New Housing Concept Calls for Extraordinary Commitment

Offering a combination of senior and senior transitional housing, Bonnie Brae Village was an innovative concept from the beginning. During development, PNC's creativity was challenged by unforeseen difficulties which put the dream of nearly 100 units of housing for seniors in danger. PNC, working with the City of Los Angeles and other stakeholders in the transaction, provided the flexibility and leadership necessary to hold the transaction together. Learn More.

May 2011

PNC honored with Green Groundbreaking Award

PNC has recently been selected as one of two recipients for the United States Green Building Council - New Jersey (USGBC-NJ) Green Ground Breaking Award. Learn More.

April 2011

Mission Hills Magazine Profiles Midland Women's Network in Upcoming Spring Issue

Mission Hills Magazine recently profiled the Midland Women's Network for its spring issue. The article provides information on the network's seminars and the work the network does in the community. Learn More.

March 2011

A Deeper Investment: Jubilee Housing II

Action by PNC Real Estate is providing much needed low-income housing - and more - in the rapidly-gentrifying Adams-Morgan neighborhood of Washington DC. Learn More.

"929" Tower is the Right Solution for a Baltimore Neighborhood

An attractive new residential tower complex is rising in downtown Baltimore. Just a few steps down the street from Johns Hopkins Medical, a major component of the Science and Technology Park at Johns Hopkins (which is an urban redevelopment of 88 acres located adjacent to world renowned Johns Hopkins medical and research complex), the 20-story 321 unit, 572 bed "929" building will house students, interns, residents and other medical trainees when it opens in Summer of 2012. Development is being financed by a $42.7 million construction loan arranged by PNC. Learn More.

PNC Real Estate Receives Number of Top Servicer Rankings for 2010

PNC Real Estate once again received a number of top rankings in the Mortgage Bankers Association's 2010 Year-end Commercial / Multifamily Servicer Rankings report. Learn More.

S&P Affirms Midland Loan Services' Primary, Master, And Special Servicer Rankings

In a March 21 press release, Midland Loan Services' strong Commercial Mortgage Primary, Master, and Special Servicer ratings were affirmed by Standard & Poor's. Learn More.

PNC Real Estate Funded Project Honored for Sustainability

The Residences at Ellicott Gardens, was recently honored with a "2010 Commitment to Excellence Award" by the Maryland Department of Housing and Community Development. Learn More.

PNC Real Estate Collaborates with ICSC on Retail Supply Report

In a March 2 press release, PNC Real Estate and the International Council of Shopping Centers (ICSC) announced a new market research report that offers in-depth coverage and analysis of U.S. retail and restaurant store-closing data. Learn More.

About the U.S. Retail Real Estate Supply Conditions Report

The U.S. Retail Real Estate Supply Conditions report includes wide-ranging information on retail and restaurant closings from the fourth quarter of 2010. Subsequent reports will be completed on a quarterly basis to track significant store closings and space reductions nationwide and posted on both PNC's and ICSC's Websites.
Read the full press release here.
Read the full report here.

Technology Eases Burden of CRE Risk Management

Recessionary economic conditions and a slow recovery have impacted commercial real estate values and the performance of related debt. Financial institutions are challenged with reporting on an unprecedented amount of information on their commercial real estate portfolios. In a recent American Banker article, Midland Loan Services' executive, Stacey Berger writes about how technology is critical to implementing commercial real estate debt portfolio and risk management solutions. Learn More.

December 2010

Multifamily Housing Project Recognized for Excellence

The Residences at Ellicott Gardens was recently honored with a "2010 Commitment to Excellence Award" by the Maryland Department of Housing and Community Development. The new apartment complex for low income families has been developed on nearly 3.4 acres of beautiful land in Ellicott City, Maryland thanks to a number of financing solutions provided through PNC Real Estate. Learn More.

PNC Harnesses Federal Resources for New 56,400 sq ft Building in Baltimore City

PNC's ability to provide innovative financing and expertise in harnessing federal resources is enabling Hilltop Development Associates, LLC, to develop a large-scale retail project in Baltimore City to serve as a catalyst for economic development. Learn More.

November 2010

Diana Reid Nominated as one of 25 Women to Watch by US Banker Magazine

Diana Reid, executive vice president and head of PNC Real Estate, earned the number 17 spot on the magazine's "25 Women to Watch" list. As US Banker put it: "These 25 women are tackling the industry's challenges head on-and in the process reshaping its future." Learn More.

Freddie Mac Executive Joins PNC Real Estate

Steve Griffin joins PNC Real Estate as a senior vice president and regional manager for agency loan production in the Multifamily business. Learn More.

October 2010

Midland to perform key support roles for Department of Energy Loan Programs Office

Midland Loan Services, Inc. has been selected to perform key support roles in connection with certain loans or loan guarantees by the U.S. Department of Energy (DOE) under two federal loan programs that promote alternative energy projects and foster energy independence. Learn More.

September 2010

Fitch Ratings Affirms Midland Loan Services, Inc.'s CMBS Servicer Ratings

Midland is the only company in the industry with the highest U.S. ratings from Fitch as a Primary, Master and Special Servicer. Midland has earned these highest ratings from Fitch for 11 consecutive years. Learn More

PNC Real Estate in the Media

PNC Real Estate executive Todd Crow lends his expertise to a 'National Real Estate Investor' article focused on the recent surge in demand for low-income housing tax credits being driven by banks and insurance companies. In the article, Crow comments on the impact that rising tax credit prices are having on investor demand and supply. Learn more and access the full article here.

August 2010

PNC Named 2009 Top Multifamily Debt Financing Originator by Fannie Mae

This summer, Fannie Mae recognized PNC at its annual Delegated Underwriting Servicing lending partner (DUSŪ) conference as the top DUS lender for 2009. Along with other top originators, PNC continues to contribute to liquidity and stability in the market during challenging times. Read More

Midland Loan Services' Stacey Berger Receives Leading Industry Award

Commercial Real Estate Finance Council recognizes Berger with prestigious Founders Award for his role in creating standards and benchmarks for third-party loan administration. Read More

PNC Real Estate Receives National Recognition from National Multi Housing Council

PNC Real Estate ranks in the top 5 in the council's Top 50 Apartment Owners Rankings. Read More

Affordable Housing Tax Credit Coalition Recognizes Property Financed by PNC Real Estate with Prestigious Award

The prestigious Charles L. Edson Tax Credit Excellence Award recognizes PNC's financing of the Louisville Scholar House for single parents pursuing advanced degrees. Read More