CBRE: Multifamily Vacancy Rate Will Rise In 2013
The U.S. multifamily housing market vacancy rate is expected to rise modestly to 5.3% in 2013, according to a new analysis from Los...
New York’s Co-Op City Receives $621M Refinance Deal
The U.S. Housing and Urban Development (HUD) has announced a $621 million deal to refinance a previous mortgage at Co-op City, a large...
Distressed Commercial Real Estate Loan Prices Up In October
Prices for non-performing and impaired performing commercial real estate loans gained in October, according to new data released by Boston-based DebtX. DebtX reports...
Lehman Sells Archstone For $6.5 Billion
The estate of the bankrupt Lehman Brothers Holdings Inc. has announced the sale of apartment-building owner Archstone Enterprise LP to Equity Residential and...
Leadership Changes At Jones Lang LaSalle
Jones Lang LaSalle has announced that Peter Roberts, currently CEO of the Americas, will become chief strategy officer, effective Jan. 1, 2013. Lauralee...
Zillow Expands Rental Market Presence With HotPads Acquisition
Seattle-based Zillow Inc. has entered into a definitive agreement to buy San Francisco-based HotPads, a map-based rental and real estate search site, for...
CBRE Group: Office Market Vacancies Will Decline 14.9% In 2013
Los Angeles-based CBRE Group Inc., citing positive changes in the economy, is forecasting a moderate decline in the U.S. office market vacancy rate...
Coming Soon: The First Green Property Indexes
FTSE Group, NAREIT and the U.S. Green Building Council (USGBC) have announced they are in joint development on the first investable green property...
CREL CDOs Up For First Time In Six Months
U.S. commercial real estate loan collateralized debt obligations delinquencies (CREL CDOs) registered their first increase since June, according to the latest index results...
Fitch Ratings: U.S. CMBS Delinquencies Down In October
U.S. commercial mortgage-backed securities (CMBS) delinquencies declined for the fifth straight month in October, according to the latest index results from Fitch Ratings....
Axiometrics: Slight Decline In Effective Rent And Occupancy Levels
Effective rent and occupancy levels during October showed declines of -0.28% and -0.14% respectively, almost the same as the slight declines recorded over...
USGBC Debuts Green Building Data Tool
The U.S. Green Building Council (USGBC) has announced the launch of the Green Building Information Gateway (GBIG), a Web-based tool designed to accelerate...
Real Estate Developer Settles Disabilities Discrimination Lawsuit
The National Fair Housing Alliance (NFHA) and Paralyzed Veterans of America (PVA) announced a settlement of their federal housing discrimination lawsuit against HHHunt...
CBRE Group: Retail Space Availability Expected To Tighten Next Year
U.S. retail real estate will continue a slow, steady recovery in 2013, with the availability rate for neighborhood and community shopping centers declining...
DiamondRock Hospitality Enters San Francisco Market
DiamondRock Hospitality Co., a Bethesda, Md.-based real estate investment trust, has entered the San Francisco market with its $29.5 million acquisition of the...
MBA: Commercial, Multifamily Originations Down In Q3
Commercial and multifamily mortgage origination volumes during the third quarter were 7% lower than during the third quarter of 2011 and 17% lower...
Greystone And Bassuk Announce Joint Venture
Greystone, a national provider of multifamily and commercial mortgage loans, and The Bassuk Organization, a provider of real estate investment banking services to...
Annaly Seeks To Buy Outstanding Crexus Shares
Annaly Capital Management Inc., a New York-based real estate investment trust, has sent a proposal to the board of directors of Crexus Investment...
City National Bank Expands Bay Area Team
Los Angeles-headquartered City National Bank has added Charlie McGann and Deven Mays to its Bay Area real estate team. McGann (pictured top) was...
Trepp: October Balloon Payoffs At 60.7%
Last month, 60.7% of commercial real estate loans reaching their balloon date paid off, according to new data from Trepp LLC. Last month's...