Web Portal For Commercial Property Auctions Debuts
Los Angeles-based Everest Auctions LLC has launched EverestAuctions.com, a Web portal designed to facilitate the auction of commercial real estate space available for...
Trepp Teams With ICSC For Shopping Center Analysis
New York-based Trepp LLC and the International Council of Shopping Centers (ICSC) have announced an agreement to produce an analysis of U.S. shopping...
Historic Nevada Theater Faces Foreclosure
Fallon Theatres, the only cinema located in Nevada's Churchill County, is facing foreclosure next month. The Associated Press reports that the property is...
Commercial, Multifamily Mortgage Debt Continues To Rise
The level of commercial and multifamily mortgage debt outstanding increased by $21.8 billion, or 0.9%, in the fourth quarter of 2012, according to...
PKF-HR Forecasts Increased Profits For Lodging Sector
The U.S. lodging industry is forecast to continue to achieve strong gains in both revenue and profits this year, according to the data...
CMBS Delinquencies Reach Three-Year Low
Two large loan modifications helped drive down the delinquency rate on U.S. commercial mortgage-backed securities (CMBS) delinquencies for a ninth straight month, according...
JMBM Issues Handbook For Hotel Acquisitions
The Global Hospitality Group of Los Angeles-based Jeffer Mangels Butler & Mitchell LLP (JMBM) is now offering 'The How to Buy a Hotel...
Chinese Government Launches Green Building Push
The world's largest carbon emitter and largest energy consumer will soon become the world's largest green building market. The Xinhua News Agency reports...
Trepp: 61.8% Of Commercial Loans Paid Off On Balloon Date
The percentage of commercial real estate loans paying off on their balloon date has exceeded 60% for the fifth time in the last...
Survey Predicts Garment Center Will Be NYC’s Next Hot Spot
What is on tap to become New York City's next hottest neighborhood? According to a new survey of commercial property executives, it is...
Commercial, Multifamily Delinquency Rates Down In Q4 2012
Delinquency rates continued to decline for commercial and multifamily mortgage loans in the fourth quarter of 2012, according to the Mortgage Bankers Association's...
DebtX To Sell $2.9B HUD Portfolio
Boston-based DebtX, on behalf of SEBA Professional Services, will sell a $2.9 billion portfolio of nonperforming residential loans for the U.S. Department of...
CMBS Delinquency Rate At Lowest Level In A Year
The delinquency rate for U.S. commercial mortgage-backed securities (CMBS) has reached its lowest level in a year, according to new data from Trepp...
Construction Spending Down In January
The U.S. Census Bureau reports that construction spending during January was estimated at a seasonally adjusted annual rate of $883.3 billion, which is...
Griffin REIT Announces New Name
Griffin Capital Net Lease REIT Inc., a publicly-registered, non-traded real estate investment trust (REIT) sponsored by Los Angeles-based Griffin Capital Corp., has changed...
Hilton Expands Presence In Saudi Arabia
McLean, Va.-based Hilton Worldwide has signed a management agreement with Hamad Abdulaziz Almousa Trading Group to develop a new DoubleTree by Hilton hotel...
Indiana Mega-Church Faces New Foreclosure Lawsuit
One of the nation's largest mega-churches is facing another foreclosure challenge. NWTimes.com reports that the Munster, Ind.-based Family Christian Center, the state's largest...
CBRE: Domestic Energy Sector Will Spur Office Investments
The increase in domestic energy exploration and production will spur office investment opportunities in U.S. markets like Dallas, Pittsburgh and Oklahoma City, according...
$900 Million Refinancing For 1515 Broadway Office Property
SL Green Realty Corp. has closed on a $900 million first mortgage refinancing of 1515 Broadway, a 2 million square-foot office tower in...
New Firm To Focus On Commercial Real Estate Investments
Louis J. Rogers, a 29-year veteran of commercial real estate investments, has launched Capital Square Realty Advisors LLC. Based in Richmond, Va., Capital...