Sunday, October 20, 2024

Commercial Mortgage

USGBC Delays Vote On LEED Changes

In response to concerns raised by members and other stakeholders regarding the future of the Leadership in Energy and Environmental Design (LEED) program,...

S&P Seeks Comments On Ratings Changes For CMBS Transactions

Standard & Poor's Ratings Services (S&P) has issued two request for comment (RFC) articles regarding its proposed changes to the criteria it uses...

Trepp: Commercial Real Estate Loss Severities Are Stabilizing

Commercial real estate loan resolutions and loss severities continued to rebound from relatively low levels in the first quarter of the year, according...

Axiometrics: Multifamily Rents In 2.5% Year-To-Date Increase

The apartment rental market has turned in a strong performance this year, with national effective rents up 2.5% since January, according to new...

Rosemont Realty Invests $750K In Student Leadership Program

Rosemont Realty, a Santa Fe, N.M.-based commercial property acquisition and asset management operating company, has announced a partnership with New Mexico State University...

Trepp: CMBS Delinquency Rate At All-Time High In May

The delinquency rate for commercial real estate loans in commercial mortgage-backed securities (CMBS) set an all-time high in May, jumping 24 basis points...

HUD Settles Disability Discrimination Claim With Puerto Rican Condo Association

The U.S. Department of Housing and Urban Development (HUD) has reached a $1 million agreement with Condominium Association Isleta Marina in Puerto Real,...

SNH Speeds Early Lease Terminations With Sunrise Senior Living

Senior Housing Properties Trust (SNH), a Newton, Mass.-based real estate investment trust (REIT), has entered agreements for early terminations of leases for 10...

Clopton Capital Expands Into Restaurant Property Financing

Clopton Capital, a Chicago-based commercial real estate lender, is expanding its financing outreach to include restaurant properties. According to the company, it is...

NAR Forecasts Near-Term Stability For Commercial Real Estate Sectors

All of the major commercial real estate sectors are projecting a healthy near-term future, according to new data released by the National Association...

CalSTRS Purchases Majority Interest In LCOR

The California State Teachers' Retirement System (CalSTRS) has acquired a majority interest in LCOR, a Berwyn, Pa.-based real estate company, along with other...

EPA Provides Montana City With Grant To Restore Historic Hotel

The U.S. Environmental Protection Agency (EPA) is providing a $200,000 Brownfields grant to the City of Shelby, Mont., to clean up and redevelop...

Goldman Sachs In Record-Breaking Indian Commercial Property Deal

Goldman Sachs has made history in India by signing the nation's largest commercial property deal. The Times of India reports that the U.S....

NYC CRE Market Registers Big Year-Over-Year Increase In Q1

The commercial real estate (CRE) market in New York City saw a 52% year-over-year increase in the first quarter of this year, with...

BC LYND Hospitality Acquires Historic Texas Hotel

BC LYND Hospitality, a San Antonio, Texas-based hospitality investment and management firm created earlier this year in a joint venture between LYND and...

New Eastern Region President At Colliers International

Colliers International has announced that Joseph Harbert has joined the commercial real estate services firm as president of its Eastern region. He will...

CREL CDO Delinquencies Rise Slightly

Delinquencies on U.S. commercial real estate loan collateralized debt obligations (CREL CDOs) rose slightly in April to 13.9%, up from 13.6% in March,...

Chicago Start-Up To Focus On Commercial Real Estate Leasing

The Telos Group LLC, a commercial real estate leasing, marketing and consulting firm, has been created in Chicago. The company says that is...

Summit Housing Partners Merges With Bailey Properties

Montgomery, Ala.-based Summit Housing Partners LLC and Little Rock, Ark.-based Bailey Properties LLC have merged to form a new company called BSR Trust....

Clopton Capital Expands Self-Storage Facility Lending

Chicago-based Clopton Capital has announced the expansion and addition of loan options for owners and operators of self-storage facilities nationwide. According to the...