CMBS Delinquency Rate Up In March
The U.S. commercial mortgage-backed securities (CMBS) delinquency rate rose again in March, with the percentage of loans 30+ days delinquent, in foreclosure or...
Blackstone Puts $3.5B Into CRE Debt Strategies Fund
Blackstone Real Estate Debt Strategies (BREDS), the real estate debt investment business of The Blackstone Group, has announced the final closing of its...
Commercial, Multifamily Markets On The Mend
The commercial and multifamily markets are healing, the Mortgage Bankers Association (MBA) reports in its Commercial Real Estate/Multifamily Finance Quarterly Data Book for...
SBA Changes Loan Program To Aid CRE
The Small Business Administration (SBA) has announced that business owners with eligible commercial real estate (CRE) mortgages maturing after Dec. 31, 2012, will...
FinCEN: CRE SARs Tripled In Past Three Years
Suspicious activity reports (SARs) in the financing of commercial real estate (CRE) as reported by depository institutions almost tripled between 2007 and 2010,...
CreXus Nixes Starwood’s Overtures
CreXus Investment Corp., based in New York, has rejected an unconditional offer by Greenwich, Conn.-based Starwood Property Trust to acquire all of the...
CRE Finance Council Issues CMBS 2.0 Market Standards
The CRE Finance Council (CREFC) has developed a set of standards that the organization says can be used immediately in the commercial mortgage-backed...
Jones Lang LaSalle Buys Keystone Partners
Jones Lang LaSalle has acquired Keystone Partners, a North Carolina-based integrated real estate services firms. The four partners who founded Keystone Partners in...
Berkadia Begins Offering Floating-Rate Bridge Loans
Berkadia Commercial Mortgage LLC has launched a new floating-rate commercial mortgage program. The program is available through Berkadia's nationwide loan origination network and...
PwC Survey Finds Stirrings Of CRE Recovery
The fundamentals of the commercial real estate industry are slowly improving, according to the first quarter 2011 PwC Real Estate Investor Survey released...
Special Servicing Transfers Easing, Fitch Finds
The pace of commercial mortgage-backed security (CMBS) loans transferring into special servicing is beginning to slow, according to research from Fitch Ratings. Approximately...
REIT Scoops Up $585M CRE Portfolio From Barclays
CreXus Investment Corp. has acquired a portfolio of commercial real estate assets from Barclays Capital Real Estate Inc., an affiliate of Barclays Bank...
IPD: U.S. CRE Unusually Strong In 2010
U.S. commercial real estate (CRE) investment performance for 2010 delivered its third-strongest annual returns over the last decade, at 14.2%, as measured by...
MBA: 2010 Commercial/Multifamily Mortgage Debt Outstanding Fell $67B
Commercial/multifamily mortgage debt outstanding decreased by 0.5% in the fourth quarter of 2010 to $2.4 trillion, according to the Mortgage Bankers Association (MBA)...
Goldman Sachs, Citi Working On CMBS Deal
A $1.4 billion commercial mortgage-backed security issuance is in the works. Citi and Goldman Sachs are arranging a bond deal that would be...
Freddie Mac Announces $1B In Multifamily Securities
Freddie Mac says it expects to offer approximately $1 billion in multifamily mortgage-backed securities known as K-011 Certificates. The certificates, which are backed...
Fitch Downgrades Chase Commercial Pass-Through Certs
Fitch Ratings has downgraded two classes and affirmed 14 classes of J. P. Morgan Chase Commercial Mortgage Securities Corp. 2004-PNC1 commercial mortgage pass-through...
Bloomberg: Bridger Shuts Down Commercial Mortgage Operations
Bridger Commercial Funding has exited the commercial mortgage space, according to a Bloomberg interview with the company's co-CEO, Steven Mumma. According to a...
JLL: U.S. CRE Poised For Global Funds Influx
U.S. commercial real estate (CRE) can expect to experience a steady flow of foreign capital this year as overseas investors seek to add...
Trepp: Volume Of CRE Loans Liquidated Down In February
The dollar amount of fixed-rate commercial real estate (CRE) loans that were liquidated in February dropped by 54% from January's level, according to...