KBRA Assigns CMBS Preliminary Rating
Kroll Bond Rating Agency (KBRA) has assigned preliminary ratings to BAMLL Trust 2011-FSH, a single-borrower commercial mortgage-backed security (CMBS) transaction secured by a...
Moody’s: CMBS Loan Delinquencies Drop To 9.18%
The delinquency rate on loans included in commercial mortgage-backed securities (CMBS) conduit/fusion transactions dropped four basis points (bps) in May to 9.18%, according...
Harvest Properties Buys Original Standard Oil HQ
Harvest Properties, an Emeryville, Calif.-based commercial real estate investment and development firm, has purchased the historic 115 Sansome Street in San Francisco's northern...
Fitch: CREL Delinquency Trends Reversed Course In May
Following an increase in April, delinquencies on U.S. commercial real estate loan collateralized debt obligations (CREL CDOs) fell 70 basis points (bps) last...
Commercial, Multifamily Debt Outstanding At $2.4T In Q1
Commercial and multifamily mortgage debt outstanding remained essentially unchanged at $2.4 trillion in the first quarter, decreasing by 0.1% from the fourth quarter...
Credit Suisse Researchers See Opportunity In U.S. Commercial Real Estate Market
As the global commercial real estate market continues to show signs of a sustained - though uneven - recovery, participants in the U.S....
Grubb & Ellis Sells Alesco Unit
Grubb & Ellis Co., a Santa Ana, Calif.-based real estate services and investment firm, has entered into a definitive agreement for the sale...
Dubai CRE Market Faces Major Slowdown
After years of being hyped as the new global economic powerhouse, Dubai is now facing a significant downturn in its commercial real estate...
Appraisal Foundation, DOE Focus On Commercial-Building Energy Efficiency
The Appraisal Foundation and the Department of Energy (DOE) have announced a partnership that is designed to help expand access to energy efficiency...
Asia-Pacific Region Dominates Q1 Global CRE Activity
Worldwide capital investment values in commercial real estate (CRE) increased 12% year-over-year in the first quarter, according to new data released by Los...
Real Estate Investment Trusts Create Joint Venture
BRT Realty Trust, a Great Neck, N.Y.-based real estate investment trust engaged in originating and holding for investment senior mortgage loans secured by...
C-Suite Compensation Hits Five-Year High
Executive compensation at the country's top 100 publicly traded real estate companies reached a five-year high for the performance year 2010, eclipsing pre-recession...
Commercial/Multifamily Delinquency Rates Mixed, MBA Reports
Delinquency rates among different commercial/multifamily mortgage investor groups were mixed in the first quarter of this year, the Mortgage Bankers Association (MBA) says...
General Growth Completes $743M Refinancing Of Five Malls
General Growth Properties Inc. (GGP) has announced the refinancing of five shopping malls representing $743 million of new mortgages. The new fixed-rate mortgages...
Trepp: $1.4B In CMBS Conduit Loans Liquidated In May
Almost $1.4 billion in commercial mortgage-backed securities (CMBS) conduit loans was resolved with losses in May, according to data released by Trepp LLC....
NAI Global, CoStar Announce Service Licensing Pact
Princeton, N.J.-based NAI Global, a network of independent commercial real estate (CRE) firms, has signed a multi-year incentive agreement to increase NAI member...
Fitch Takes CMBS Servicer Rating Actions On C-III, Berkadia
Fitch Ratings has taken actions on several of its ratings of commercial-mortgage backed security (CMBS) loan servicers. The agency has affirmed C-III Asset...
Fitch: Rate Of Specially Serviced U.S. CMBS Still Falling
The rate of commercial mortgage-backed security (CMBS) loans entering special servicing is continuing to decline, according to Fitch Ratings. After reaching a peak...
Prudential Mortgage Capital Provides $106.5M Office Loan
Newark, N.J.-based Prudential Mortgage Capital Co. has closed a $106.5 million loan for The Rockefeller Group on behalf of Prudential's general account. The...
Blackstone Reportedly Seeking $1.35B In Refinancing
Blackstone Group LP is reportedly arranging to borrow up to $1.35 billion to refinance 21 U.S. office properties. Bloomberg News, citing three unnamed...