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...
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...