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...
CREL CDO Delinquencies Down In January
U.S. commercial real estate loan collateralized debt obligations (CREL CDOs) late-pays fell for a second straight month to 12.7% in January, from 13.4%...
CBRE: Global Office Real Estate Values Remain Resilient
Global office real estate values and rents were mostly steady in the fourth quarter of 2012, according to new data released by Los...
New Survey: Manhattan Commercial Properties Are Overvalued
Most New York real estate executives believe that commercial properties in Manhattan are overvalued compared with real estate values in other major global...
GSA Seeks Comment On Federal Green Building Certification
The U.S. General Services Administration (GSA) has published a request for comment on which green building rating systems should be used by the...
CMBS Delinquencies Down In January
Delinquencies on U.S. commercial mortgage-backed securities (CMBS) started 2013 on a positive note with an eighth straight month of declines, according to the...
FHA Issues New Rule On Hospital Mortgage Insurance Program
The Federal Housing Administration's (FHA) Office of Hospital Facilities has issued a new final rule that revises regulations governing its Section 242 Hospital...
Two-Thirds Of Commercial Loans Paid At Maturity In January
Last month, 66.9% of commercial real estate loans reaching their balloon date paid off, an increase of more than 12 percentage points from...