Ares Commercial Real Estate Prices IPO
Chicago-based Ares Commercial Real Estate Corp. has announced that it priced its initial public offering (IPO) of 7.7 million shares of common stock...
Germany’s Eurohypo Sells U.S. Commercial Real Estate Portfolio
The German lender Eurohypo AG has reportedly agreed to sell its $560 million U.S. commercial real estate portfolio to a combined team of...
Chicago Board Of Trade Building Is Acquired
GlenStar Properties LLC and USAA Real Estate Co. have announced the acquisition of the landmark Chicago Board of Trade Building. The partnership has...
EPA Signs Energy-Efficiency Agreement With SL Green Realty
The U.S. Environmental Protection Agency (EPA) has signed an agreement with SL Green Realty Corp. to reduce the environmental impacts of the 72...
Freddie Mac Names Top Multifamily Mortgage Sellers
CBRE Capital Markets has topped Freddie Mac's list of the highest-producing multifamily mortgage sellers of 2011. With $4.13 billion in loan volume, CBRE...
Fitch Ratings: Store Closures Put Pressure On Retail CMBS
Fitch Ratings is warning that recent store-closing announcements by several prominent retailers could put pressure on retail loans in commercial mortgage-backed securities (CMBS)...
Bay Area Housing Hits Five-Year High
March 2012 home sales in the San Francisco Bay area were at their highest level for that month in five years, the result...
Fitch Ratings Predicts More Securitization Of Nonperforming CRE Loans
Fitch Ratings is forecasting a new wave of securitization of nonperforming commercial real estate (CRE) loans. Citing a recent $224 million purchase price...
World’s Tallest Building Seeks Tenant Via Online Auction
If you're looking for an office with a view, you may want to consider an upcoming online real estate auction for an entire...
Historic L.A. Office Building Is Acquired
The Pacific Mutual Building, a historic fixture in downtown Los Angeles, was acquired by developer Rising Realty Partners (RRP), with funding provided by...
AFL-CIO Housing Investment Trust Announces New Missouri Project
The AFL-CIO Housing Investment Trust (HIT) has announced that it is providing $6.6 million of union pension capital to preserve affordability and carry...
Marriott Sells Corporate Housing Business
Marriott International Inc., headquartered in Bethesda, Md., and Los Angeles-based Oakwood Worldwide have signed an agreement for Marriott to sell its ExecuStay corporate...
Associated Expands Commercial Real Estate Reach To Michigan
Green Bay, Wis.-based Associated Banc-Corp has expanded its commercial real estate (CRE) services to the Detroit area. The new operation will be based...
Cassidy Turley Launches New England Capital Markets Group
Cassidy Turley has announced that David Pergola Jr. and Brian Doherty have joined the firm to launch its New England region capital markets...
CREL CDO Delinquency Slightly Up In March
Delinquencies on commercial real estate loan collateralized debt obligations (CREL CDOs) rose minimally in March to 13.6% from 13.4% in February, according to...
Buffett Enters Low-Income Housing Finance Market
Warren Buffett has created a new venture to provide financing for low-income housing projects. Crain's Chicago Business reports that Affordable Housing Partners Inc.,...
Can A Green Building Location Generate More Profits?
Commercial lenders, take note: the 'green' in green buildings may extend far beyond mere energy efficiency. According to a new study by University...
PREI Closes Fourth Senior Housing Fund
Parsippany, N.J.-based Prudential Real Estate Investors (PREI) has completed the final close for its fourth senior housing fund, Senior Housing Partners IV, bringing...
CASE And Amicus Partners Create Data Center Advisory Group
CASE Commercial Real Estate Partners, based in Dallas, has announced a joint venture with Minneapolis-based Amicus Partners, an advisory and business development practice,...
New Reports Highlight Continued Growth In Commercial Real Estate
Two new reports are charting a significant increase of activity in the commercial real estate industry. According to the latest research from CoStar...