Saturday, October 19, 2024

Commercial Mortgage

REIT Acquires Three Medical Properties For $60M

American Healthcare Investors and Griffin Capital Corp., the co-sponsors of Griffin-American Healthcare REIT II Inc., announced the acquisition of three medical office buildings...

CREL CDO Delinquencies Continue To Drop

U.S. commercial real estate loan collateralized debt obligations delinquencies (CREL CDO) dropped to 11.6% in August, according to new data from Fitch Ratings....

SBA Refi Program Set To Expire Next Week

A Small Business Administration (SBA) program designed to enable businesses that owned their own real estate to refinance their loans through a program...

CBRE Group To Consult On Shanghai Tower

Los Angeles-based CBRE Group Inc. has been selected by Shanghai Tower Construction & Development Co., Ltd. to provide property management consultancy services for...

GSA To Sell D.C.-Area Heating Plant Via Online Auction

The U.S. Government Services Agency (GSA) has announced that it will hold an online auction to sell the former GSA West Heating Plant...

California Unveils PACE Program For Commercial Properties

In the largest display of statewide joint powers authority in California history, 14 counties and 126 cities have launched a new variation of...

Updated Handbook Details Hotel Management Agreements

The Global Hospitality Group of the Los Angeles law firm Jeffer Mangels Butler & Mitchell LLP (JMBM) has released a second edition of...

CMBS Delinquencies Down, Although Office Sector Woes Persist

Increased loan resolutions have helped lead to a third-straight month of declines for U.S. commercial mortgage-backed securities (CMBS) delinquencies, according to the latest...

Data Center Company Seeks To Become A REIT

The board of directors of Equinix Inc., a Redwood City, Calif.-based interconnection and data center company, has approved a plan to pursue conversion...

New Green Building Certification For Smaller Commercial Properties

Earth Advantage Institute (EAI), a nonprofit sustainable building organization based in Portland, Ore., has announced the launch of its Earth Advantage Commercial (EAC)...

Freddie Mac Offers K-P Series Multifamily K Certificates

Freddie Mac has announced its first K-P Series offering of multifamily Structured Pass-Through Certificates (K Certificates). Freddie Mac expects to offer approximately $450...

Avison Young Acquires Starrpoint Commercial Partners

Avison Young, Canada's largest independently owned commercial real estate services company, has acquired Starrpoint Commercial Partners Inc., a full-service commercial real estate brokerage...

Rockwood Real Estate Expands Platforms

Rockwood Real Estate Advisors, a commercial real estate investment banking firm, has announced the launch of its West Coast investment sales and mortgage...

Rapid Farmland Appreciation Poses New Risks For Ag Lenders

The sharp run-up in U.S. farm real estate values in recent years could cause credit problems for agricultural lenders should prices reverse quickly,...

Trepp: Percentage of Commercial Loans Paying Off Rebounded In August

The percentage of commercial real estate loans paying off on their balloon date rebounded in August to 49.6%, up sharply from July's 12-month...

Singapore Named World’s Best-Performing REIT Market

Singapore holds the distinction of being home to the world's best-performing real estate investment trust (REIT) market, according to new data compiled by...

DebtX: Commercial Real Estate Loan Values Down Slightly In July

The aggregate value of commercial real estate (CRE) loans priced by Boston-based DebtX that collateralize commercial mortgage-backed securities (CMBS) was 88.3% as of...

Trepp: CMBS Delinquency Rate Dropped In August

The delinquency rate for U.S. commercial real estate loans in commercial mortgage-backed securities (CMBS) fell 21 basis points (bps) to 10.13% in August,...

Axiometrics: National Effective Rents Up Slightly In July

National effective rents increased 0.54% from June to July, bringing year-to-date effective rent growth up to 4.42%, according to new data from Dallas-based...

NAR: Commercial Real Estate Recovering At Slow Pace

A slowdown in job creation and a lack of loan availability have hampered growth in some areas of the commercial real estate industry,...