Friday, October 18, 2024

Commercial Mortgage

Trepp: U.S. CMBS Delinquency Rate Falls, Improvement To Continue

The U.S. commercial mortgage-backed securities (CMBS) delinquency rate has broken the 8% threshold, according to Trepp LLC's recently released October U.S. CMBS Delinquency...

Strong Ratings Action For Freddie Mac’s Multifamily Loan Servicing Unit

Fitch Ratings has assigned Freddie Mac Multifamily an initial commercial mortgage-backed securities (CMBS) master servicer rating of CMS2 and affirmed the existing special...

New Joint Venture Established To Drive CMBS Lending

Walker & Dunlop Inc. has entered into a joint venture with an affiliate of a fund managed by Fortress Investment Group to form...

Freddie Mac Completes Bulk Sale Of Multifamily Loans

Seeking to shrink its balance sheet's exposure to multifamily loans, government-sponsored enterprise (GSE) Freddie Mac recently completed its first multifamily bulk loan sale...

Greystone Closes $15.9 Million Loan For Multifamily Property In Maryland

Greystone, a provider of multifamily and healthcare mortgage loans, has provided $15.9 million in Fannie Mae financing for Whitfield Towne Apartments, a 322-unit...

U.S. CMBS Delinquency Rate Declines Sharply, Continues Year-Long Trend

Trepp, a provider of commercial mortgage-backed securities (CMBS) information, has released its September 2013 U.S. CMBS Delinquency Report. The delinquency rate for U.S....

HFF Secures $121.6 Million For Luxury Apartment Development

Commercial real estate and capital markets services firm HFF has secured $121.6 million in financing for the development of a nine-story building on...

$4.2 Million Loan Arranged By MCA For Texas Restaurant

Metropolitan Capital Advisors (MCA), a commercial real estate capital markets intermediary, has arranged an owner-occupied acquisition loan for the real estate purchase of...

Devonshire REIT Closes $19 Million In Financing For Commercial Properties

Devonshire REIT Inc. recently closed $19.07 million in financing for six commercial properties in Ohio, Michigan and West Virginia. The financing was used...

MCA Arranges $4.5 Million For Purchase Of Restaurant Facilities

Dallas-based commercial real estate firm Metropolitan Capital Advisors (MCA) reports that it has arranged an owner-occupied acquisition loan for the purchase of two...

Commercial Mortgage Delinquency Rate Continues To Fall

Separate reports from the Mortgage Bankers Association (MBA) and Trepp indicate that delinquency rates for commercial and multifamily mortgage loans continue to decrease....

Q10 | Professional Mortgage Co. Arranges $42 Million For Multiple Commercial Properties

Greenville, S.C.-based Q10 | Professional Mortgage Co., an employee-owned mortgage banking firm that specializes in long-term financing on commercial real estate through institutional...

AFL-CIO HIT Providing $32M For Renovation Of South Chicago Tower

The AFL-CIO Housing Investment Trust (HIT) is putting $32 million in pension capital funding toward the rehabilitation of a 26-story residential tower on...

Capital Square Realty Advisors Acquires Retail Facility

Capital Square Realty Advisors, specializing in the creation and management of commercial real estate investment programs for Section 1031 tax-deferred exchange investors and...

Largo Group Arranges $95 Million+ In Financing For Shopping Center Portfolio

The Largo Group, a commercial mortgage banking company that structures, closes and services commercial mortgages for acquisitions, refinances and redevelopment projects, reports that...

Capital One Buying Beech Street Capital

In a move that will greatly enhance its position in the commercial multifamily housing arena, Capital One Financial Corp. is acquiring Beech Street...

NAP Closes On $126.5M For 86-Acre Commercial Mixed-Use Project

North American Properties - Atlanta Ltd. (NAP) reports that it has closed on $126.5 million in financing for the first phase of construction...

Large Loan Bridge Program Launched By Walker & Dunlop

Seeking to build a pipeline of financing for multifamily properties, commercial real estate finance company Walker & Dunlop has launched its large loan...

Mesa West Capital Provides $26.3M For Acquisition Of Cold Storage Facility

Mesa West Capital reports that it provided $26.3 million in first mortgage debt to facilitate the acquisition of 26th & Western, a two-building...

MBA: Commercial, Multifamily Mortgage Originations Up 9% In Q1

Commercial and multifamily mortgage originations in the U.S. increased 9% in the first quarter compared to the first quarter of 2012, according to...