Apartment Vacancy Rate At 10-Year Low
The multifamily housing sector within the commercial real estate industry has received a confirmation of its growing influence, as new data released by...
Grubb & Ellis: Gradual Commercial Real Estate Growth For 2012
Grubb & Ellis Co., a Santa Ana, Calif.-based real estate services and investment firm, is predicting that this year will see a slow...
New California Law Prohibits Smoking In Multifamily Housing
Residents of California's multifamily housing units may no longer smoke in the comfort of their homes. The Sacramento Bee reports that a new...
Commercial Real Estate Investors Express Concern About U.S. Market
International investors in commercial real estate say that a repeal of the Foreign Investment in Real Property Tax Act (FIRPTA) and 'improved property...
Fitch Downgrades 14 JP Morgan Commercial Mortgage Certificates
Fitch Ratings has downgraded 14 classes of JP Morgan Chase Commercial Mortgage Securities Corp., Series 2006-LDP9 commercial mortgage pass-through certificates. The downgrades reflect...
New Report: Canadian Commercial Real Estate Strong In 2011
Canada's commercial real estate sector experienced a strong year, with declining vacancy rates in most major markets, according to the latest quarterly report...
M-M Properties, Invesco Acquire Dallas-Based Plaza Of The Americas
Houston-based M-M Properties and Dallas-based Invesco Real Estate have acquired Plaza of the Americas, a 1.2 million-square-foot complex in the northeastern quadrant of...
Kennedy Wilson Reports Refi Of Class A Multifamily Property
Kennedy Wilson reports that, along with RECP/Urban Partners and Capri Capital Partners LLC on behalf of Capri Urban Investors LLC, it has refinanced...
Prudential, MetLife Team To Finance CRE Portfolio
Prudential Mortgage Capital Co. and MetLife Real Estate Investments have each provided $88.5 million in first mortgage financing for a $177 million package...
PwC: Apartment Sector Could Dominate Commercial Real Estate In 2012
The apartment sector within the commercial real estate industry is poised for a strong new year, according to data in the latest quarterly...
Republic Sells $59M In Commercial Real Estate, Foreclosed Properties
Philadelphia-based Republic First Bancorp Inc., the holding company for Republic Bank, announced that it has completed the sale of $59 million of commercial...
S&P Expresses Concern About 2012 CMBS Market
Two new reports issued by Standard & Poor's (S&P) are raising significant concerns about the state of the U.S. commercial mortgage-backed securities (CMBS)...
Fitch Upgrades Brookfield’s CMBS Large-Loan Special Servicer Rating
Fitch Ratings has upgraded the commercial mortgage-backed securities (CMBS) large-loan special servicer rating of Brookfield Real Estate Financial Partners LLC (BREF) to CLLSS2-...
Moody’s: European CMBS Market Faces An Unhappy New Year
The limited availability of refinancing for maturing loans in Europe will be the key threat to the credit quality of the continent's outstanding...
Demand For Environmental Site Assessment Rises In Q3
Demand for Phase I environmental site assessments (ESAs) on real estate projects involving 10 or more properties was up 13% in the third...
Umpqua Launches Commercial Real Estate Division
Umpqua Bank, a subsidiary of Seattle-based Umpqua Holdings Corp., has launched a commercial real estate (CRE) division to expand its real estate presence...
RREP Forms Two Advisory Groups, Acquires Occom Capital
Ranieri Real Estate Partners LP (RREP), a New York-based real estate financial services company, has established two new advisory services groups: Ranieri Real...
MBA: Q3 Investor Interest Rises For Commercial, Multifamily Debt
The level of commercial/multifamily mortgage debt outstanding was essentially unchanged in the third quarter, as three of the four major investor groups increased...
CMBS Delinquencies Improve, But Office Sector Shows Signs Of Trouble
Delinquencies in the commercial mortgage-backed securities (CMBS) space fell for a fourth consecutive month in November, dropping 15 basis points (bps) to 8.41%,...
Avison Young Acquires Ramsey-Shilling
Toronto-based Avison Young has acquired Ramsey-Shilling Commercial Real Estate Services Inc., a real estate brokerage firm based in Los Angeles. The acquisition marks...