Pebblebrook Hotel Trust Acquires San Francisco’s Hotel Milano
Pebblebrook Hotel Trust, a real estate investment trust based in Bethesda, Md., has acquired San Francisco's Hotel Milano for $30 million. The 108-room...
Trepp: March Drop In Commercial Loans Paying Off Balloon Date
The percentage of commercial real estate loans paying off on their balloon date retreated sharply in March, according to new data from Trepp...
Morguard REIT Announces Initial Public Offering
Morguard Corp., headquartered in Mississauga, Ontario, has announced that its Morguard North American Residential Real Estate Investment Trust (REIT) has filed and obtained...
REITs Trump S&P 500 In Year-Over-Year Returns
The total return of the U.S. real estate investment trust (REIT) market outpaced the broader equity market over the 12-month period ended March...
Fitch Ratings: CMBS Defaults Down 38% In 2011
New commercial mortgage-backed securities (CMBS) defaults in 2011 were considerably lower than new defaults in 2009 and 2010, as performance for most property...
Office Sector Experiences Slow And Mild Recovery
The U.S. office sector of the commercial real estate industry showed continued signs of recovery in the first quarter of this year, albeit...
Trepp: Commercial Real Estate Woes Fueled Recent Bank Failures
Commercial real estate exposure was the main driver behind problem loans for the five banks that failed in March, according to new data...
New Report Forecasts Midwest Commercial Real Estate Growth
All sectors of commercial real estate in the Midwest are expected to improve this year, albeit at different rates of performance, according to...
CMBS Delinquency Rate Up In March
The delinquency rate for U.S. commercial real estate loans in commercial mortgage-backed securities (CMBS) jumped 31 basis points (bps) in March to 9.68%,...
Wells Fargo Named Top Commercial, Multifamily Originator In 2011
Wells Fargo was the top commercial/multifamily mortgage originator in 2011, according to a set of listings released today by the Mortgage Bankers Association...
Royal LePage Returns To Commercial Real Estate Business
Toronto-based Royal LePage Real Estate Services has relaunched its commercial real estate brand to complement its residential real estate operations. In 2005, Royal...
CMBS Conduit Loan Liquidation Remained Stable In March
The volume of commercial mortgage-backed securities (CMBS) conduit loans liquidated in March remained stable, according to new data released by Trepp LLC. Last...
Clopton Capital Creates Hotel Construction Lending Program
Chicago-based Clopton Capital has added a hotel construction lending program to its portfolio of commercial real estate capital. Through a newly formed correspondent...
Hertz Investment Group Acquires 14 Commercial Properties
Hertz Investment Group, headquartered in Santa Monica, Calif., has completed the acquisition of 14 commercial buildings from Parkway Properties of Orlando, Fla. The...
Commerzbank To Wind Down Eurohypo Lending Business
Commerzbank, Germany's second-largest lender, has received regulatory approval from the European Union (EU) to wind down its Eurohypo mortgage business as part of...
Will New Energy Codes Raise Multifamily Construction Costs?
New energy codes could add thousands of dollars to the construction costs of each individual apartment residence in a multifamily building, according to...
ULI: 50% Rise In Commercial Property Transactions By 2014
Commercial property transaction volume is expected to increase by nearly 50% in the next three years, and the issuance of commercial mortgage-backed securities...
Inland American Lodging Group Acquires Five Hotels
Inland American Lodging Group Inc., a wholly owned subsidiary of the Oak Brook, Ill.-based Inland American Real Estate Trust Inc., has acquired five...
BGC Completes Acquisition Of Grubb & Ellis Assets
BGC Partners Inc., a New York-based global brokerage company, has announced that it has received approval from the U.S. Bankruptcy Court for the...
USGBC Announces 12,000th LEED-Certified Commercial Property
The U.S. Green Building Council (USGBC) has announced the awarding of the 12,000th Leadership in Energy and Environmental Design (LEED) certification to a...