Freddie’s Latest K-Deal Backed Only By Seven-Year Multifamily Loans
Freddie Mac has announced its third offering of K-Certificates backed only by multifamily mortgages with a seven-year term. The company expects to offer...
Regulators Close Four Banks
Four Federal Deposit Insurance Corp. (FDIC)-insured institutions, including two in the Southeast region, fell last week. The Office of the Comptroller of the...
Fitch: CREL CDO Delinquencies Fall Again
Delinquencies for U.S. commercial real estate loan collateralized debt obligations (CREL CDOs) declined for the third straight month, according to the latest index...
FHA Multifamily Loan Volume Hits New High
The Federal Housing Administration (FHA) reports that demand for multifamily loan financing is at an all-time high at the agency. With less than...
Deloitte Releases Midyear Report On CRE Outlook
Despite broader economic uncertainties, this year has been a positive one for commercial real estate (CRE), and a budding sector recovery is under...
Commonwealth Regulators Shutter Public Savings Bank
The Pennsylvania Department of Banking has closed Huntingdon Valley, Pa.-based Public Savings Bank, the Federal Deposit Insurance Corp. (FDIC) reports. Rockville, Md.-based Capital...
Maturing CRE Debt Means Buy-Side Opportunity, Report Says
The significant amount of maturing commercial mortgage debt is providing an unusual opportunity for institutional investors to acquire properties on attractive terms from...
Oak Grove Capital Originates $59.5M Bond Credit Enhancement
St. Paul, Minn.-based Oak Grove Capital has originated a $59.5 million Immediate Funding Fannie Mae NIBP Bond Credit Enhancement loan for the acquisition...
OCC Closes Kansas Bank
The Office of the Comptroller of the Currency (OCC) has closed Olathe, Kan.-based First National Bank of Olathe in the sole bank failure...
Wells Fargo Buys Bank Of Ireland’s CRE Portfolio
Wells Fargo & Co. has acquired Bank of Ireland's $1.4 billion U.S. commercial real estate (CRE) loan portfolio, which consists of 25 loans...
Report Predicts CRE Stability During Current Economic Unrest
A new report by CB Richard Ellis Group Inc. (CBRE) Americas states that U.S. commercial real estate (CRE) will not be harshly impacted...
Grubb & Ellis Sells Daymark Advisors Subsidiary
Santa Ana, Calif.-based Grubb & Ellis Co. has announced the sale of Daymark Realty Advisors Inc. to a joint venture entity controlled by...
KBRA Assigns Preliminary CMBS Ratings
Kroll Bond Rating Agency (KBRA) has assigned preliminary ratings to seven classes of pass-through certificates from DBUBS 2011-LC3. The sole source of cashflow...
Fitch: New High For CMBS Delinquency Rate
A surge of new late-pays, coupled with below-average loan resolutions, pushed the U.S. commercial mortgage-backed securities (CMBS) delinquency rate to a new high...
Illinois, Washington Banks Fall
State regulators closed two banks Friday - Colfax, Wash.-based Bank of Whitman and Shorewood, Ill.-based Bank of Shorewood, the Federal Deposit Insurance Corp....
FDIC Sells Equity Interest In LLCs
The Federal Deposit Insurance Corp. (FDIC) has completed two sales under its pilot Small Investor Program (SIP). The agency sold its equity interests...
Colliers: Positive Trends In Office Sector, Though Uneven Recovery Likely
The U.S. office market showed signs of a modest recovery in the second quarter, according to a new report from Colliers International. However,...
Pace Of Bank Failures Picked Up In July
The Federal Deposit Insurance Corp. (FDIC) reported 13 bank failures last month, tying April's count for the highest monthly figure since July 2010,...
Commercial/Multifamily Lending Up 107% From One Year Ago
The commercial/multifamily housing sector has seen a dramatic uptick in activity, with originations rising 52% in the second quarter and jumping 107% from...
Canadian Pension Plan Invests $284M In U.S. Commercial Real Estate
The Canadian Pension Plan (CPP) Investment Board is putting its money in the U.S. commercial real estate market. The Winnipeg Free Press reports...