HUD Upgrades Policies On Radon Testing And Mitigation
The U.S. Department of Housing and Urban Development (HUD) has announced that it has taken 'significant steps towards eliminating radon exposure in renter-occupied...
Q1 Commercial Real Estate Data Points To Gradual Recovery
The U.S. commercial real estate industry showed evidence of gradual recovery in the first quarter, according to the latest analysis from Los Angeles-based...
Union Bank Buys $3.7B Loan Portfolio From Deutsche Bank Unit
Union Bank, the San Francisco-based subsidiary of Japan's Bank of Tokyo-Mitsubishi UFJ (BTMU), has acquired the $3.7 billion institutional commercial real estate lending...
White Paper Links Bank Failures With Commercial Real Estate Lending
Banks with high concentrations of construction and total commercial real estate lending that exceeded supervisory criteria failed at higher rates than banks with...
Peachtree Hotel Group Adds Six Properties To Portfolio
Atlanta-based Peachtree Hotel Group has announced that it has expanded its portfolio to six hotels in the Southeastern U.S. during the first quarter...
CMBS Delinquency Rate Ticked Upward In March
The delinquency rate for U.S. commercial real estate loans in commercial mortgage-backed securities (CMBS) inched higher by eight basis points (bps) in March...
Office Space Demand Remained Subpar During Q1
Demand for office space in the first quarter of this year flattened as businesses continue to push for space efficiency, according to research...
Prudential Mortgage Capital Co. In First Continental European Deal
London-based Prudential Mortgage Capital Co. has provided $72 million of a total $91.5 million financing package in the Netherlands, its third commercial real...
Clinton To Make First Paid Speaking Appearance At NMHC Event
Former U.S. Secretary of State Hillary Clinton will make her first paid speech after leaving office later this month at the National Multi...
DebtX: Commercial Real Estate Loan Pricing Remains Strong
Prices of performing commercial real estate whole loans continued to strengthen in February, according to Boston-based DebtX. According to DebtX, the estimated price...
Chesapeake Lodging Trust Buys New Orleans Hotel
Annapolis, Md.-based Chesapeake Lodging Trust has purchased the W New Orleans - French Quarter from Starwood Hotels & Resorts Worldwide Inc. for $25.5...
Multifamily Development Raises Bar On Energy Efficiency
A new multifamily housing development in San Diego is being marketed as providing residents with an uncommon level of energy efficiency. The Solterra...
Real Estate Roundtable Calls For ‘Pro-Growth’ Tax Reform
The Real Estate Roundtable has called on Congress to adopt a 'pro-growth approach to tax restructuring that recognizes commercial real estate's vast economic...
Apartment Rent Growth Up 3.53% In February
Effective apartment rent growth remained steady during February, at a rate of 3.53%, but the pace of rent growth has been slowing in...
Office, Industrial Vacancy Rates Declined In Q1
Office vacancy rates declined or held steady in most major U.S. markets during the first quarter while industrial availability continued to decrease moderately,...
Cyprus Church Offers To Mortgage Assets To Aid National Bailout
The financial crisis in Cyprus took a real estate twist when the head of the nation's Orthodox church offered to mortgage church property...
CBRE Group Buys European Property Management Firm
Los Angeles-based CBRE Group Inc. has announced the acquisition of IMPACT-CORTI, a firm specializing in property management in the Czech Republic and Slovakia....
New Survey: 20% Of Americans Live In Multifamily Housing
Approximately 20% of U.S. households live in multifamily rental buildings, according to the 2012 Rental Housing Finance Survey released by the U.S. Department...
CREL CDO Late-Pays Up In February
Late-pays on commercial real estate loan collateralized debt obligations delinquencies (CREL CDOs) increased to 13.1% in February from 12.7% in January, according to...
Dubai Pushes Forward On Green Building Standards
One of the most high-profile commercial property markets in the world is set to have a new green hue. The Dubai Chronicle reports...