Shopping Center REIT Enters $250M Revolving Credit Facility
Cincinnati-based Phillips Edison-ARC Shopping Center REIT Inc., a public non-traded real estate investment trust that seeks to acquire and manage grocery-anchored neighborhood shopping...
NYC Sought Evictions Of Public Housing Tenants Four Days After Hurricane
In a jolting example of adding bureaucratic insult to Mother Nature's injury, the New York City Housing Authority (NYCHA) is being accused of...
HUD Grants $26M To Convert Apartments Into Assisted Living Space
The U.S. Department of Housing and Urban Development (HUD) is allocating $26 million in grants to the owners of multifamily housing developments in...
LIG Assets Teams With Hedge Fund For Commercial Property Acquisitions
LIG Assets Inc., a Dallas-based company focused on real estate and technology, has entered into a strategic alliance with Texas Real Estate Hedge...
Dancing To The Jailhouse REIT?
The GEO Group Inc., a Boca Raton, Fla.-based correctional facilities company, has announced plans to position itself to operate in compliance with the...
S&P Dow Jones Launches REIT Index
S&P Dow Jones Indices has announced the launch of the Dow Jones Townsend Core U.S. REIT Index. The new index, which is designed...
PKF-HR: Fiscal Cliff Could Impact Lodging Sector
The U.S. lodging sector has a bright future ahead of it, according to a new forecast by Atlanta-based PKF Hospitality Research LLC (PKF-HR)....
CBRE Extends Deadline For Real Green Research Challenge
Los Angeles-based CBRE Group Inc. has announced an extended deadline to Feb. 1, 2013, for the Real Green Research Challenge (RGRC), a four-year,...
Hong Kong, New York City Top List Of Expensive Retail Markets
Attention, would-be retailers: If you're planning to open a store in Hong Kong or New York City, make sure that you have plenty...
Durning Promoted To Prudential Mortgage Capital President
Newark, N.J.-based Prudential Mortgage Capital Co. is promoting David Durning from senior managing director and head of originations to president. He will replace...
CREL CDO Delinquencies Up In November
U.S. commercial real estate loan collateralized debt obligations delinquencies (CREL CDOs) increased sharply in November, according to the latest index results from Fitch...
Hong Kong Tops Global List Of Priciest Office Markets
Hong Kong's central business district has topped the global commercial real estate market as the world's most expensive office market, according to CBRE...
Development Proposals Sought For NYC’s Governors Island
One of the last undeveloped stretches of New York City is being prepared for commercial activity. The Wall Street Journal reports that Governors...
Trepp: Most Commercial Real Estate Loans Pay At Maturity
November marked the third consecutive month in which more than 60% of the commercial real estate loans reaching their balloon date paid off,...
MBA: Commercial, Multifamily Mortgage Debt Up In Q3
The level of commercial and multifamily mortgage debt outstanding increased by $6.6 billion, or 0.3%, in the third quarter, according to new data...
Fitch: CMBS Delinquencies Fall To Lowest Level Since 2010
According to the latest data from Fitch Ratings, delinquencies on U.S. commercial mortgage-backed securities (CMBS) fell last month to 8.17% from 8.29% in...
CBRE Forecasts 2013 Decline In Industrial Space Availability
The two-plus year-old recovery of U.S. industrial real estate markets will extend into 2013, according to a new forecast from Los Angeles-based CBRE...
White Paper Addresses Multifamily Housing Reform
The National Multi Housing Council (NMHC) and the National Apartment Association (NAA) have published a white paper addressing what they define as 'key...
Delinquencies Up, Special Servicing Down On CMBS Loans
The market for U.S. commercial real estate loans in commercial mortgage-backed securities (CMBS) is experiencing something of a seesaw ride, with delinquency rates...
Norwegian Billions Aimed At U.S. Commercial Property Market
The world's largest sovereign wealth fund - the $660 billion investment pool owned by the government of Norway - is planning to invest...