NYC Commercial Real Estate Executive Killed In Skydiving Mishap
David Winoker, president of New York-based Winoker Realty Co., was killed in a skydiving accident on June 15. Winoker Realty Co. specializes in...
CREL CDO Delinquencies Down In May
Loan resolutions exceeded new U.S. commercial real estate loan collateralized debt obligations (CREL CDOs) delinquencies last month, resulting in a decline in overall...
BlackRock Creates Fund For European Commercial Property Lending
New York-headquartered BlackRock Inc. is planning to start a fund that will provide direct loans to European commercial property developers. The Financial Times...
Feds Fight California Medical Marijuana Via Commercial Property Seizure Threats
The federal government is seeking to disrupt California's medical marijuana industry by filing lawsuits that seek to seize commercial properties housing marijuana shops....
CampusMBA Hosts June 21 Webinar On Multifamily Housing
CampusMBA, the education arm of the Mortgage Bankers Association, is presenting a webinar on June 21 that focuses on the state of the...
Bloomberg To Offer Reis Commercial Property Data
New York-based Reis Inc. has announced that its commercial real estate information will now be available to subscribers of the Bloomberg Professional service....
Commercial, Multifamily Mortgage Debt Outstanding Up In First Quarter
Commercial and multifamily mortgage debt outstanding increased by $8.1 billion, or 0.3%, in the first quarter, as three of the four major investor...
Indian Company To Pay $575 Million For NYC’s Plaza Hotel
One of the most iconic hotels in New York City is reportedly being sold to an Indian company. The Economic Times, citing 'people...
Canadian Apartment Rental Vacancy Rate Down Slightly
The average rental apartment vacancy rate in Canada's 35 major metropolitan centers decreased slightly to 2.3% in April from 2.5% a year earlier,...
Toronto REIT Eyeballs German Commercial Property Market
A Toronto-based real estate investment trust (REIT) has announced plans to spend $373 million on the purchase of commercial real estate in Germany....
Walker & Dunlop Acquires CWCapital
Bethesda, Md.-based Walker & Dunlop has entered into a definitive agreement to acquire CWCapital LLC, an operating subsidiary of CW Financial Services LLC...
PREA And IDP Create U.S. Property Fund Index
The Pension Real Estate Association (PREA), headquartered in Hartford, Conn., and London-based Investment Property Databank (IPD) are co-sponsoring the new PREA/IPD U.S. Property...
Manhattan Apartment Rentals Hit Record-High Price
The nation's priciest apartment rental market became more expensive in the first quarter, with the average apartment renting in New York City's borough...
NAHB Multifamily Production Index At Highest Level Since 2005
The National Association of Home Builders (NAHB) has announced that its Multifamily Production Index (MPI) has recorded its highest reading since the third...
Lloyds Sells Australian Commercial Real Estate Portfolio At A Huge Loss
A joint venture of the Blackstone Group and Morgan Stanley is purchasing a $1.25 billion portfolio of distressed Australian commercial real estate loans...
Biomass Waste Technology Used To Build Low-Cost Rwanda Housing
A U.S. company is investing $10 million in a project to build 400 low-cost housing units in Rwanda using a biomass waste technology....
MBA: Mixed Q1 Picture On Commercial, Multifamily Delinquency Rates
Commercial and multifamily mortgage delinquency rates dropped for banks and rose for commercial mortgage-backed securities (CMBS) during the first quarter of this year,...
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...