PKF-HR Takes Favorable Position On Hotel Sector
PKF Hospitality Research (PKF-HR) has taken a rosier perspective of the hotel industry, forecasting that rooms revenue for U.S. hotels will rise 7.2%...
Barclays, FundCore Launch CMBS Loan Origination Program
Barclays Capital and FundCore Finance Group have announced the joint formation of a commercial mortgage-backed securities (CMBS) loan origination and securitization program. The...
Citigroup, Goldman Revive Withdrawn CMBS
Citigroup Inc. and Goldman Sachs Group Inc. have revived and expanded a commercial mortgage-backed security (CMBS) that was suspended in July when Standard...
Berkadia To Buy Florida Mortgage Banker, Expand Platform
Last week marked several milestones for Horsham, Pa.-based Berkadia Commercial Mortgage LLC. The commercial mortgage lender and servicer agreed to buy Florida-based commercial...
Chinese Banks Warned Of Commercial Property Risk
One of the world's fastest-growing real estate markets is being told by its national bank regulator to avoid risks created by a new...
Orlando Magic Seeks City Property For $100M HQ
The Orlando Magic basketball team has announced plans to build a $100 million headquarters across the street from the $380 million Amway Center,...
JPMorgan Chase Readies $1.03B CMBS Deal
JPMorgan Chase & Co. is planning a $1.03 billion commercial mortgage-backed securities (CMBS) transaction, according to a presale report issued by Fitch Ratings....
New Studies Identify Priciest Locations For Offices And Homes
Cash-tight companies seeking new office space may wish to think twice about setting up shop on Sand Hill Road in Menlo Park, Calif....
Watt Companies Debuts Commercial Property Investment Unit
Watt Companies, based in Santa Monica, Calif., has launched Watt Investment Partners, a new acquisition arm that will focus on U.S. commercial property....
Commercial Delinquency Rates Fall For Most Investors
Commercial/multifamily mortgage delinquency rates among four out of five major investor groups decreased in the second quarter, according to the Mortgage Bankers Association's...
Florida Bank Becomes 71st Bank Failure This Year
The Federal Deposit Insurance Corp. (FDIC) reported one bank failure last week - First National Bank of Florida, located in Milton, Fla. The...
CMBS Workouts Led To Lower Delinquency Rate In August
The delinquency rate for U.S. commercial mortgage-backed security (CMBS) loans fell in August to 8.65% - a 36 basis points decline from July,...
Volume Of CRE Loans Paying Off Nearly Unchanged In August
The percentage of commercial real estate (CRE) loans paying off on their balloon date barely budged last month, according to new data released...
After Rough July, CMBS Loan Performance Improves
In August, the delinquency rate for loans held in commercial mortgage-backed securities (CMBS) took its second sharpest monthly drop since the beginning of...
Starwood Property Trust Completes Commercial Securitization
Starwood Property Trust Inc. reports that it participated in a recently completed commercial mortgage loan securitization led by Deutsche Bank Securities Inc., contributing...
Commercial Consolidation: C-III Buys JER Servicing Unit
C-III Capital Partners LLC (C-III) has acquired the commercial real estate special servicing and collateralized debt obligation management businesses of JER Partners (JER),...
T2 Capital Announces Closing Of $9M Commercial Property Fund
T2 Capital Management LLC, a real estate firm headquartered in Wheaton, Ill., has announced the final closing of the T2 Opportunity Fund LLC,...
Fitch: Fewer CMBS Loans Maturing In 2012
Good news is on the horizon for the commercial mortgage-backed securities (CMBS) sector, as fewer loans are scheduled to mature in 2012, Fitch...
WaPo: $5 Billion Of CMBS Deals On The Way
As much as $5 billion of commercial mortgage-backed securities (CMBS) could be brought to market over the next two months, the Washington Post...
New Report Touts Latin American Commercial Property Markets
A new report published by CB Richard Ellis (CBRE) has identified Latin America as a fast-emerging market for commercial real estate (CRE) investors...