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...
$362 Billion In Commercial Real Estate Debt Maturing This Year
Commercial real estate (CRE) debt totaling $362 billion is set to mature this year, according to new data from Trepp LLC. This level...
S&P: E-Commerce Success Could Lead To CMBS Problems
The continued growth of e-commerce is having a deleterious impact on commercial mortgage-backed securities (CMBS), according to a new report by Standard &...
Transwestern Announces Alliance With BNP Paribas Real Estate
Houston-based Transwestern has announced a new strategic alliance with BNP Paribas Real Estate, a division of the Paris-based BNP Paribas Group. According to...
Delinquent Unpaid CMBS Balance Down In February
The delinquent unpaid balance for commercial mortgage-backed securities (CMBS) decreased by $1.65 billion in February, reflecting a fourth consecutive monthly decline, according to...
Enterprise Merges Multifamily Business With Bellwether
Enterprise Community Investment Inc., headquartered in Columbia, Md., and Cleveland-based Bellwether Real Estate Capital LLC have announced a merger between Enterprise's multifamily mortgage...
Cinema Chain And REIT In New Partnership
Carmike Cinemas Inc., a Columbus, Ga.-based digital cinema and 3D film exhibitor, has launched a new business relationship with Entertainment Properties Trust, a...
Freddie Mac Offers K Certificates Backed By Multifamily Mortgages
Freddie Mac has announced its first offering of structured pass-through certificates (K Certificates) backed exclusively by multifamily mortgages with a five-year term. Freddie...
CREL CDO Delinquencies Inch Up Slightly
Delinquencies on commercial real estate loan collateralized debt obligations (CREL CDOs) rose slightly in February to 13.4% from 13.2% in January, according to...
Historic Black Church Faces Foreclosure From Bank In Waters’ Ethics Probe
A minority-owned bank that is at the center of an ethics probe involving Rep. Maxine Waters, D-Calif., has come under criticism for threatening...
Prudential Financial Plans $444 Million Skyscraper In Newark
Prudential Financial has announced that it will construct a $444 million skyscraper for 2,000 employees in downtown Newark, N.J. The Newark Star-Ledger reports...
Historic San Francisco Hotel Sold For $200 Million
The Fairmont San Francisco, one of the Bay Area's landmark hotels, was sold for $200 million. According to Bloomberg News, Los Angeles-based...
Investcorp Purchases $65 Million California CRE Portfolio
The U.S.-based office of Bahrain-headquartered Investcorp has announced the acquisition of a $65 million portfolio of mixed-use commercial real estate properties in the...
MBA: Commercial, Multifamily Mortgage Debt Outstanding Unchanged
The level of commercial/multifamily mortgage debt outstanding was essentially unchanged in the fourth quarter of 2011, as three of the four major investor...
Global CRE Markets Expected To Heat Up Later This Year
Real estate services firm Cushman & Wakefield says activity in the commercial real estate sector will increase during the second half of this...
CWCapital Debuts Small-Balance Multifamily Financing Program
CWCapital, the multifamily financing subsidiary of CW Financial Services, has developed a new small-balance lending platform that will offer borrowers access to Fannie...
Wyoming Town To Be Auctioned In April
In what might be among the most unique commercial property transactions in recent times, an entire Wyoming town is being put up for...