C-III Buys Multifamily Property Management Firms, Creates Dedicated Unit
C-III Capital Partners LLC has entered the multifamily property management arena with its acquisition of two affiliated businesses: Carrollton, Texas-based U.S. Residential Group...
MBA In New Educational Pact With CRIS
The Mortgage Bankers Association (MBA) has signed an agreement with the Chartered Realty Investor Society (CRIS) to provide a course through CampusMBA, the...
Commercial Real Estate Loans Were Key Contributor To Bank Failure
Last week's lone bank failure was caused in large part by the institution's volume of commercial and residential nonperforming loans. According to Trepp...
Regulators Shut Down Georgia’s Community Bank Of Rockmart
The Georgia Department of Banking and Finance has closed Rockmart, Ga.-based Community Bank of Rockmart and appointed the Federal Deposit Insurance Corp. (FDIC)...
Wells Fargo Forms REIT Unit For CRE Sector
Wells Fargo & Co. has formed the REIT Finance Group, a new unit devoted to serving publicly traded real estate investment trusts (REITs)...
Global Office Rents Up 1.1% In Q3
Prime office rents across 81 global markets increased by 1.1% during the third quarter, marking the seventh consecutive quarter where prime rents have...
Trepp: Nonperforming Commercial Real Estate Loans Drove October Bank Failures
Commercial real estate (CRE) exposure was the main driver behind problem loans for the banks that failed in October, according to new data...
Fitch: CMBS Delinquencies Fall; Less Activity Among Large Loans
With $1.7 billion in loan resolutions offsetting $1.6 billion in new troubled loans in October, the delinquency rate for commercial mortgage-backed securities (CMBS)...
CMBS Delinquency Rate Hits Second-Highest Level
The delinquency rate for U.S. commercial real estate (CRE) loans in commercial mortgage-backed securities (CMBS) moved up 21 basis points (bps) in October...
Commercial, Multifamily Originations Up 10% In Q3
Commercial and multifamily mortgage originations rose 10% during the third quarter and were 98% higher than during the same period last year, according...
Holocaust Museum Given 90-Day Reprieve On Foreclosure Lawsuit
The city of Hollywood, Fla., has voted to give a 90-day reprieve to a local Holocaust museum that is facing a foreclosure lawsuit....
Life Insurers Key To Commercial Market’s Health, Fitch Says
With the resurgence in commercial mortgage-backed securities (CMBS) stalled and banks' future participation in commercial mortgage lending in question, U.S. life insurers will...
Upgrade Planned For Japanese CMBS Standards
In an attempt to revitalize its national commercial property market, the Commercial Real Estate Finance Council in Japan has announced plans to create...
MetLife Provides Financing For Two Class A NYC Office Properties
MetLife Inc. has announced that its real estate investments department has provided a $350 million, five-year, fixed-rate mortgage for the office condominium unit...
California Commercial Loan Delinquency Remained Unchanged In Q3
The delinquency rate for commercial real estate (CRE) loans in California during the third quarter remained unchanged from the previous quarter, at 0.38%,...
Life Companies’ Commercial Mortgage Returns Improved In Q2
Commercial mortgage loans held by life insurance companies delivered a 2.79% total return in the second quarter, improving over the prior two quarters'...
Fitch: Cumulative CMBS Defaults At 12.4% Through Third Quarter
Cumulative U.S. commercial mortgage-backed securities (CMBS) defaults finished the third quarter at 12.4%, according to Fitch Ratings' weekly CMBS newsletter. Through the first...
Illinois Regulator Closes All American Bank
In the only bank failure reported last week, state regulators in Illinois have shut down Des Plaines-based All American Bank. The Federal Deposit...
Freddie Mac Looks Ahead To Rental Boom
Increased demand for rental housing has turned the apartment market into the 'poster child of good news' for the housing industry, David Brickman,...
CRE Executives’ Expectations Dim In Latest ‘Sentiment Index’
The Real Estate Roundtable's latest 'Sentiment Index' of commercial real estate executives slid for the second quarter in a row - hitting its...