Having successfully launched a Web Site that provides commercial brokers with fingertip access to virtually any industrial property in the Los Angeles Basin, the AIR has expanded its site into a one-stop location for the Internet, including instant access to news and trip planning links, AIR announces.

Ron Surace, Chief Operating Officer of AIR, reports that the association's Web Site (www.airea.com) has evolved into "a destination point for access to the Internet" in addition to being a leading site for commercial real estate property information.

"We have attempted to make our Web Site simpler and more comprehensive for the real estate community to use, providing a variety of ways to access different components of the Internet from one site while conducting their primary function of analyzing real estate," said Surace.

He explained that AIR's Web Site now includes investment information via its "Hot Sites" link, which leads to Microsoft Investor and Microsoft Money Insider. Real Estate related links include Real Estate Laws, the Pike-Net Directory of Commercial Real Estate, the Society of Industrial and Office Realtors, the California Department of Real Estate and the Consumer Price Index.

News links via AIR's Web Site include MSNBC, CNN, CNN Financial News, Wall Street Journal, C/NET, Los Angeles Times, and Tech Web.

A Map Quest link is an easy-to-use trip planner, while Expedia enables site users to quickly book airline flights.

Infospace, a veritable national white and yellow pages, is another valuable AIR site link that allows brokers to quickly locate people and places nationwide.

Other areas of interest are as varied as Inman News on Commercial/Industrial related issues, CAR Legislation and the ability to download all of the AIR Forms.

Finally, AIR's Web Site is a comprehensive roadmap to Internet search engines, including AIR Search Site, HotBot, Northern Lights, Alta Vista, Yahoo, Excite, Infoseek, and Lycos. The site even provides information on how to use search engines, Surace said.

"We've designed our Web Site so brokers and anyone else primarily interested in real estate can go to our site and stay on it for all of their Internet needs," Surace concluded.

By concentrating on medium size loan transactions, which are further focused on the industrial real estate market, Pathfinder Mortgage Corporation has carved a successful niche in the real estate finance market.

An active AIR member for years, Pathfinder Mortgage Corporation was founded in 1978 and specializes in the placement and servicing of permanent loans for income producing industrial, office, retail, medical and apartment properties.

"However, over the years the industrial loans in our servicing portfolio far exceed any other category and represent about 50 percent of all loans. Office, retail, and medical office equally comprise most of the balance of the portfolio," said Ronald Robbins, president in the company's Los Angeles office.

With offices in Orange County and West Los Angeles, Pathfinder represents life insurance companies and conduits on a correspondent basis. The company now services more than $400 million of loans it has originated for these lenders. Pathfinder's nine loan officers together have over 150 years of commercial loan experience in Southern California.

Pathfinder's lenders are active in the California market and are currently offering five to 15-year fixed rate loans from $500,000 to $15,000,000 at competitive interest rates amortized up to 30 years on quality commercial real estate.

According to Robbins, Pathfinder Mortgage Corporation has maintained an outstanding reputation in the markets in which it operates and has provided excellent results for its borrowers and lenders, as well as commercial real estate brokers and their clients.