New Report Predicts Increased Hotel Transaction Volume
Hotel real estate investors can expect to increase their buying activity this year thanks to an abundance of equity capital and improving debt...
Virginia Realty Company Settles Hispanic Bias Case
The U.S. Department of Housing and Urban Development (HUD) has announced that Virginia Realty Company of Tidewater Inc., a property management company based...
Dow Jones Debuts Equal Weight REIT Index
S&P Dow Jones Indices has announced the launch of the Dow Jones U.S. Select Equal Weight REIT Index, which is designed to serve...
Loews Plans New Hotel In Chicago
Loews Hotels & Resorts has announced that it will open a new property in Chicago in January 2015. The Loews Chicago Hotel will...
Canadian REIT Pays $633M For U.S. Multifamily Properties
Morguard North American Residential Real Estate Investment Trust (REIT), based in Mississauga, Ontario, has finalized two separate agreements to acquire a total of...
CMBS Delinquencies Finished 2012 Below 8%
U.S. commercial mortgage-backed securities (CMBS) delinquencies closed out 2012 with seven straight months of declines, according to the latest index results from Fitch...
Berkadia Acquires Hendricks & Partners
Berkadia Commercial Mortgage LLC, a Horsham, Pa.-based commercial real estate lender and servicer, has announced its acquisition of Phoenix-based Hendricks & Partners. ...
CBRE: Q4 Commercial Real Estate Showed Continued Recovery
The commercial real estate industry remained on its recovery path during the fourth quarter of 2012, according to new data released by Los...
Jones Lang LaSalle Purchases Multifamily Brokerage Group
Chicago-based Jones Lang LaSalle has announced its acquisition of The Apartment Group Ltd., a Dallas-based multifamily brokerage firm. According to the company, the...
Cuomo Abandons Plans For NYC Casino
After a controversial effort to shoehorn casino gambling into a proposed New York City convention center, New York Gov. Andrew Cuomo has switched...
AmericaVest Announces REIT Launch
Fort Lauderdale, Fla.-based AmericaVest has announced the official launch of AmericaVest CRE Mortgage Funding Trust, a full-service, on- and off-balance-sheet lender and mortgage...
Cassidy Turley Promotes Michael Kamm To President
Cassidy Turley has promoted Michael Kamm to president. Kamm, who is based in the company's San Francisco office, will also join the company's...
Aimbridge Adds 103 Hotels To Management Portfolio
Aimbridge Hospitality, a Dallas-based hotel investment and management firm, has expanded its management portfolio with the addition of 103 hotels that were formerly...
Q4 U.S. Office Market Is Strongest Quarter In Five Years
Demand for office space surged in the fourth quarter of 2012 despite economic uncertainty related to the fiscal cliff, according to research by...
CBRE Acquires RREP/TPA
Los Angeles-based CBRE Group Inc. has announced the acquisition of the commercial real estate services businesses of Atlanta-based Resource Real Estate Partners LLC...
New Chairman In Ballard Spahr Real Estate Department
The law firm Ballard Spahr has named Bart I. Mellits chairman of its real estate department. In his new role, Mellits will lead...
Cassidy Turley Acquires CLW Real Estate Services Group
Washington, D.C.-based Cassidy Turley has announced its acquisition of Tampa, Fla.-based CLW Real Estate Services Group. CLW's existing operations, which include over 20...
CIT Group Pays $1.3B For Flagstar Commercial Loan Portfolio
New York-based CIT Group Inc. has agreed to acquire a commercial loan portfolio from Flagstar Bank (FSB), a wholly owned subsidiary of Troy,...
Trepp: CMBS Delinquency Rate Unchanged In December
The Trepp commercial mortgage-backed securities (CMBS) delinquency rate in December 2012 was unchanged from the previous month at 9.71%. According to Trepp, the...
Freddie Mac Issues First Multifamily Securities Offering Of 2013
Freddie Mac has kicked off 2013 with its first multifamily securities offering of the new year. The new offering is backed by 74...