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,...
Historic Black College Declares Bankruptcy To Halt Foreclosure Auction
Morris Brown College, a 131-year-old historic black college based in Atlanta, has filed for Chapter 11 bankruptcy in order to prevent its property...
New REIT To Fund D.C.-Area Projects Built With Union Labor
A new real estate investment fund (REIT) is raising money to finance commercial developments using union contractors in the region between Baltimore and...
CMBS Special Servicer Volume Down
The balance of commercial mortgage-backed securities (CMBS) loans in special servicing was $80.5 billion as of June 30, compared to $83.1 billion at...