Tuesday, October 22, 2024

Commercial Mortgage

Freddie Mac Announces $1B K-Certificate Offering

Freddie Mac has announced a new $1 billion offering of Structured Pass-Through Certificates (K-014 Certificates). The new certificates are expected to price next...

Four Bank Failures Reported Friday

Four banks insured by the Federal Deposit Insurance Corp. (FDIC) failed last week, bringing the total number of banking closings this year to...

Report Warns Federal Downsizing Will Damage Atlanta CRE Sector

The U.S. government's plan to jettison federal offices in Atlanta could harm the city's efforts to revitalize its commercial real estate (CRE) sector,...

RBS Taps Blackstone To Manage CRE Portfolio

The Royal Bank of Scotland (RBS) has announced a joint venture in which the private equity firm Blackstone will manage and, eventually, dispose...

New Report Finds Robust Global CRE Investment In Q2

Global direct commercial real estate (CRE) investment volumes totaled more than $101 billion in the second quarter, up 7% from the first quarter...

Trepp LLC Acquires REITCafe

Trepp LLC, a New York-based provider of commercial mortgage-backed securities and commercial mortgage information, analytics and technology, has acquired REITCafe, an online information...

REITs Enjoy A Profitable First Half Of 2011

U.S. real estate investment trusts (REITs) outperformed the broader equity market in the second quarter and the first half of this year, according...

New York Hotel Project Faces Foreclosure

A highly anticipated but long-stalled hotel development on New York's Lower East Side is dealing with a new challenge: the threat of foreclosure....

Prudential Mortgage Capital In New CMBS Joint Venture

Prudential Mortgage Capital Co. and the Perella Weinberg Partners affiliate Asset Based Value strategy have formed a joint venture to originate commercial mortgages...

Trepp: CRE Loans Were Key Driver In Failed Banks’ NPL Pools

With only four banks failing last month, June had the second-lowest failure count in the past year, Trepp reports. However, more than 1,000...

CMBS Delinquency Rate Down For Second Consecutive Month

For the first time since the credit crisis began in 2008, the delinquency rate on commercial mortgage-backed securities (CMBS) has fallen for two...

Hollywood’s Sunset Media Tower Reportedly Sold

A 22-story Hollywood office building that is home to major entertainment and media companies is reportedly ready to be sold. According to the...

CRE Markets Show The Turn Of The Real Estate Cycle, MBA Says

Commercial real estate data from the first quarter shows 'the natural effects of the turn of the real estate cycle,' the Mortgage Bankers...

Colony Financial Reports Mezzanine Financing

Late last month, Santa Monica, Calif.-based Colony Financial Inc. participated in the origination of $400 million of mezzanine debt, the company reported in...

Avison Young Acquires Va. Brokerage

Toronto-based Avison Young has acquired Millennium Realty Advisors LLC, a McLean, Va.-based brokerage firm that provides agency leasing and tenant representation services. The...

Freddie Mac To Expand Disclosures On Multifamily Portfolio

Freddie Mac will begin to provide expanded quarterly disclosures on its portfolio of multifamily loans and the company's multifamily K Certificate securities. Beginning...

CWSG, Starwood Structure $36M Financing For Manhattan Hotel

Cushman & Wakefield Sonnenblick Goldman (CWSG) and Starwood Property Trust have completed a $23 million refinancing and arrangement of up to $13 million...

N.C. Real Estate Executive Enters Raleigh Mayoral Race

Move over, Donald Trump - another real estate executive is getting into the political arena. The Triangle Business Journal reports that Billie Redmond...

Starwood Invests $768.8M In Q2 CRE

Greenwich, Conn.-based Starwood Property Trust has announced that it has invested $768.8 million in 21 separate commercial real estate (CRE) transactions in the...

San Francisco Tops Green Building Office Market List

San Francisco ranked at the top of a list of the 30 largest office markets for green opportunities, according to the second annual...