Storied CRE Firm Declares Bankruptcy
Grubb & Ellis Co., once one of the nation's largest commercial real estate firms, has initiated Chapter 11 bankruptcy proceedings in New York...
Crescent Real Estate Holdings: LEED Status Sells Office Buildings
Dallas-based Crescent Real Estate Holdings LLC has announced that its three Class A office properties in Denver received Leadership in Energy and Environmental...
Wells Fargo Creates Hospitality Finance Division In NYC
Wells Fargo & Co. has announced that Mark Lanspa has joined the firm as an executive vice president in its Hospitality Finance Group...
U.K. Commercial Property Market Continues To Decline
The U.K. commercial property market dropped in January to its lowest level in more than two and a half years, due to weakening...
Fitch: Office And Retail CMBS Delinquencies Hit New Highs
Delinquencies for office and retail loans have hit their highest-ever levels while overall U.S. commercial mortgage-backed securities (CMBS) delinquencies fell for the sixth...
CBRE: Florida Commercial Real Estate Is Slated To Expand
Florida's commercial markets are well positioned to move toward true recovery throughout this year and the years ahead, according to the 2011-2012 Florida...
Lee & Associates Opens 46th Office
The commercial real estate firm Lee & Associates has opened its 46th office, in Charleston, S.C. Formerly Anchor Commercial Real Estate Services, Lee...
MBA: Mixed Picture Predicted For Commercial, Multifamily Markets
The Mortgage Bankers Association (MBA) is projecting originations of commercial and multifamily mortgages will hit $230 billion this year, an increase of 17%...
Trepp: Commercial Real Estate Exposure Fueled January’s Bank Failures
Commercial real estate exposure was the main driver behind problem loans for the seven banks that failed in January, according to new data...
Wells Fargo Named Top Commercial And Multifamily Servicer For 2011 Volume
Wells Fargo ended 2011 as the largest master and primary servicer of commercial and multifamily mortgages, with $437.7 billion, according to new data...
CMBS Delinquency Rate Down In January
The delinquency rate for U.S. commercial real estate loans in commercial mortgage-backed securities (CMBS) fell 6 basis points (bps) to 9.52%, according to...
Clopton Capital Expands Into Hotel Financing
Clopton Capital, a commercial mortgage provider based in Chicago, has announced that it is expanding into hotel financing. According to the company, Clopton...
Freddie Mac Scored $20.3B In Multifamily Volume In 2011
Freddie Mac recorded $20.3 billion in volume last year for its multifamily business - loan purchase and bond guarantee volume - which is...
CMBS Conduit Loan Losses Up In January
The volume of commercial mortgage-backed securities (CMBS) conduit loans liquidated in January spiked sharply, jumping 51% from December's reading, according to new data...
Can Commercial Real Estate Data Forecast A Super Bowl Winner?
The commercial real estate services firm Jones Lang LaSalle has used an office vacancy rate analysis to predict the New England Patriots will...
Report: Big Revenue Potential In Building Energy Management Systems
Commercial real estate lenders financing energy-efficient properties might be interested to know that worldwide revenue from building energy management systems (BEMS) - the...
Chesapeake Lodging Trust Buys Second NYC Hotel
Chesapeake Lodging Trust, headquartered in Annapolis, Md., has entered into a definitive agreement to acquire the 185-room Hyatt Place New York Midtown South...
Russian Commercial Real Estate Investment Up 70% In 2011
Last year proved itself a good year for Russian commercial real estate, with $9.5 billion in investment - a 70% jump over the...
Architect Trade Group: 2.1% Construction Spending Increase For 2012
The American Institute of Architects (AIA) is predicting a 2.1% rise in spending this year for nonresidential construction projects and a 6.4% increase...
Chubb Corp. Announces $1.2B Share Repurchase Program
The Chubb Corp., a Warren, N.J.-based insurer of commercial property and high-end homes, has announced that its board of directors has authorized a...