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...
REIT Will Concentrate On Retail Assets In TX, OK
IAGM Retail Fund I Member LLC, a subsidiary of Inland American Real Estate Trust Inc. has formed a new joint venture with PGGM...
Companies Originate Loan On New York City Hotel
NorthStar Real Estate Income Trust Inc. and NorthStar Realty Finance Corp. have originated a $255 million participating senior loan secured by a leasehold...
U.S. Bank Originates $1.5B Loan In Commercial Real Estate Space
General Growth Properties Inc. (GGP), U.S. Bank and RBC Capital Markets have closed on a $1.5 billion secured, term loan that will refinance...
Freddie Mac Kicks Off First K-Deal Backed By Seniors Housing
Freddie Mac is initiating its first offering of structured pass-through certificates (K certificates) backed exclusively by multifamily mortgages on seniors housing properties. About...
Affordable Multifamily Housing Gets $100 Million Jolt From New Group
The newly formed Housing Partnership Equity Trust (HPET), a real estate investment trust (REIT) focused on the affordable multifamily housing sector, has secured...
Modus And ABR Acquire Washington Boutique Hotel
Modus Hotels, a Washington, D.C.-based owner and operator of lifestyle hotels, and Alex. Brown Realty (ABR), a Baltimore-based real estate manager, have acquired...
CREL CDO Delinquencies Remain Stable
U.S. commercial real estate loan collateralized debt obligations delinquencies (CREL CDOs) remained in a virtual holding pattern for March, according to the latest...
Canadian REIT Completes Purchase Of Six U.S. Multifamily Properties
Morguard North American Residential Real Estate Investment Trust (REIT), headquartered in Mississauga, Ontario, has completed the purchase of six multifamily properties from an...
U.S. Rental Market: Vacancies Down, Costs Up
U.S. rental vacancy rates declined from 8.4% in 2009 to 7.4% in 2011, according to an American Community Survey brief released by the...
Commercial, Multifamily Originations Reached $244.2B In 2012
Commercial and multifamily mortgage bankers closed $244.2 billion in loans during 2012, according to the Mortgage Bankers Association's (MBA) 2012 Commercial Real Estate/Multifamily...
HUD And Coldwell Banker Settle Fair Housing Violation Charges
The U.S. Department of Housing and Urban Development (HUD) announced today a $90,000 conciliation agreement with Coldwell Banker Residential Brokerage and the seller...
CMBS Delinquencies Experience Uptick In March
After falling to a three-year low, late-pays on U.S. commercial mortgage-backed securities (CMBS) rose 2 basis points (bps) in March to 7.63% from...
Rep. Blackburn Introduces Cybersecurity Bill
In view of the rising concern over cyber attacks against U.S. companies, particularly financial services institutions, Rep. Marsha Blackburn, R-Tenn., has introduced a...
NMHC Releases Listing Of Top Apartment Owners And Managers
Boston Capital and Greystar Real Estate Partners LLC remained the nation's largest apartment owner and manager, respectively, for the third consecutive year, according...
Global Commercial Real Estate Grew 8% In Q1
Commercial real estate continues to rank high on the list of acquisitions for investors around the world as preliminary global real estate investment...
New Report Forecasts Changes In Retail Real Estate Sector
The growth of e-commerce coupled with evolving consumer shopping patterns will spur the growth of multi-channel retail strategies and impact commercial real estate...