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...
Trepp: Dramatic Increase In Balance Of CMBS Conduit Loans Liquidated
The balance of commercial mortgage-backed securities (CMBS) conduit loans liquidated in November reached a new high, according to data released by Trepp LLC....
Louis Dreyfus Property Group Moves To Management Ownership
The former U.S. commercial real estate arm of global conglomerate Louis Dreyfus Group has transitioned to management ownership and been renamed Property Group...
November Bank Failures Tied To Commercial Real Estate Losses
Five banks failed in November, and new data from Trepp LLC states that commercial real estate (CRE) exposure was the primary reason behind...
MBA: Q3 Delinquency Rates Down On Commercial, Multifamily Mortgages
Delinquency rates declined for commercial and multifamily mortgages held by banks and in commercial mortgage-backed securities (CMBS) during the third quarter, according to...
JCR Capital Holds First Closing For Second Fund
JCR Capital, a Denver-based alternative asset manager, announced that it has held a first closing on its second fund, JCR Commercial Real Estate...
Prudential Mortgage Capital Commits Financing To Mexican CRE
Prudential Mortgage Capital Co. has provided $160 million in financing to a co-investment venture managed by San Francisco-based Prologis LP for a portfolio...
Commercial Real Estate Delinquency Rate Down In November
The delinquency rate for U.S. commercial real estate loans in commercial mortgage-backed securities fell 26 basis points (bps) to 9.51% in November, according...
Commercial Real Estate Finance Council Spent $150K For Q3 Lobbying
The Commercial Real Estate Finance Council, the trade organization for buyers and sellers of investments backed by commercial property loans, allocated $150,000 during...
NYMT Begins Public Offering
New York Mortgage Trust Inc. (NYMT) has begun an underwritten registered public offering of 3 million shares of common stock. NYMT also expects...
Mountain Real Estate Group Expands To New York
Mountain Real Estate Group, a Charlotte, N.C.-based buyer of distressed bank assets and a private capital source for real estate developers, builders and...
Tremont Latest To Sign Pillar Multifamily Correspondent Deal
Pillar Multifamily LLC, an affiliate of Guggenheim Partners, continues to build out its correspondent lending business, having announced this week a new agreement...
Commercial Real Estate Default Rate Down 3.75% In Q3
The combined default rate on banks' commercial and multifamily mortgage loans fell to 3.75% in the third quarter, down 19 basis points (bps)...
Fitch Affirms Ratings For Two CMBS Servicers
Fitch Ratings has affirmed several servicer ratings for commercial mortgage-backed securities (CMBS) servicers Cornerstone Real Estate Advisers LLC and DB Mortgage Services LLC...
New Report Predicts Steady Vacancy Rate For Multi-Housing Market
The U.S. multi-housing market vacancy rate is expected to hold steady at 5.5% in 2012 and decline to 5.2% in 2013, according to...
Moody’s: Commercial Real Estate Prices Down 1.4% In September
U.S. commercial real estate prices, as measured by Moody's/REAL National All Property Price Index, declined 1.4% in September, according to a new report...
Cole Acquires CVS Caremark HQ For $44.25M
Cole Real Estate Investments, a Phoenix-based investor in income-producing retail, office and industrial real estate, has acquired Caremark Tower II, a 195,000 square-foot...
CWCapital Buys Citi Servicing Portfolio, Grows Footprint In Small-Loan Space
CWCapital LLC (CW) has acquired from Citibank the servicing rights for a $2.6 billion portfolio of small, multifamily mortgages. The portfolio contains approximately...
Pillar Multifamily, 801 Capital Finance Ink Correspondent Deal
Pillar Multifamily LLC, Guggenheim Partners' Fannie Mae Delegated Underwriting and Servicing arm, and 801 Capital Finance Co. LLC, an affiliate of Flat 801...
Avison Young Expands To Las Vegas
Avison Young, a Canadian commercial real estate services company, has opened a new office in Las Vegas. The new office marks Avison Young's...