Allied Partners, Brickman Buy New York’s Brill Building For $185.5M
Real estate investor Eric Hadar of Allied Partners and private equity firm Brickman have reportedly purchased New York's iconic Brill Building in a...
New Version Of TreppPort Delivers Improved Mobile Capabilities
Six months after its debut, commercial real estate solutions providers Trepp LLC and The Rockport Group have released a new version of their...
Freedom Mortgage Corp. Expands Into Commercial Real Estate Lending
Freedom Mortgage Corp., a privately held mortgage lender of VA, FHA and conventional loans headquartered in Mount Laurel, N.J., has launched a commercial...
RFR Secures $100M, 10-Year Financing For Park Ave. Property
Real estate investment firm RFR Holding LLC has closed $100 million in financing for 345 Park Ave. South in Manhattan. The office floors...
Commercial Mortgage Delinquencies Inch Up In May
After posting its lowest reading in more than two years in April, the delinquency rate on commercial mortgages in the U.S. inched up...
Van Wagenen Introduces New Real Estate Insurance Tracking Solution
Van Wagenen Financial Services, specializing in collateral protection, has introduced new commercial real estate insurance tracking software that it claims reduces the amount...
American Realty Capital Properties To Buy CapLease For About $2.2B
About a month after its failed bid to acquire Cole Credit Property Trust III Inc., American Realty Capital Properties Inc. (ARCP) says it...
Fitch: Loosening Of CMBS Underwriting Could Make REITs Volatile
Changes in the availability, pricing and underwriting stringency of commercial mortgage-backed securities (CMBS) financing could affect real estate investment trusts (REITs) directly and...
HUD Approves MBA’s New Underwriter Training Program
The U.S. Department of Housing and Urban Development (HUD) has approved the Mortgage Bankers Association's (MBA) training program for HUD's Multifamily Accelerated Processing...
Omega Commercial Finance Launching New Fund
Miami-based Omega Commercial Finance Corp. (OCFN) plans to launch its first commercial real estate pooled fund, called Omega Asset Backed Fund I LP,...
Greystone Approved As Freddie Mac Seniors Housing Seller/Servicer
Greystone, a provider of multifamily and healthcare mortgage loans, has been approved by Freddie Mac as a National Senior Housing Seller/Servicer to originate...
U.S. Commercial Real Estate Forecast Reveals ‘Modest Optimism’
Industry executives currently have a 'modestly optimistic' outlook on the U.S. commercial real estate market, as economic fundamentals show slow yet steady improvement,...
Commercial Real Estate CDO Delinquencies Stay Flat
Late payments on U.S. commercial real estate loan collateralized debt obligations (CREL CDOs) remained flat in April at 13.2%, according to the latest...
Ares Commercial Real Estate Acquiring Alliant Capital
Ares Commercial Real Estate Corp. (ACRE) is acquiring Alliant Capital LLC, which will become a wholly owned taxable real estate investment trust (REIT)...
Fitch: New U.S. CMBS Delinquencies Haven’t Been This Low Since 2008
Fitch Ratings reports that the rate of new U.S. commercial mortgage-backed securities (CMBS) delinquencies declined 19 bps in April to 7.44%, from 7.63%...
One Retail CRE Market Is ‘Distinctly Above Its Global Peers’
According to CBRE Group Inc.'s quarterly survey of the global retail commercial real estate markets, Hong Kong continued to rank as the world's...
KeyBank Snags Bank Of America Commercial Mortgage Servicing Business
KeyBank Real Estate Capital says it is acquiring commercial mortgage servicing rights totaling $110.5 billion from Bank of America. The transaction also includes...
No Drastic Changes In Commercial Property Markets
According to Moody's Investors Service, the outlook for the major U.S. commercial property markets was 'broadly stable' in the first quarter of 2013,...
Trepp, ICSC Launch Survey To Analyze Shopping Center Operations
Trepp LLC, a provider of commercial real estate information and analytics, and the International Council of Shopping Centers (ICSC) have initiated the Center...
Sabal Forms New Business Unit To Support CMBS Transactions
Sabal Financial Group LP has expanded its commercial mortgage-backed securities (CMBS) business with the launch of Sabal Commercial Advisors, which will use the...