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...
Realty Income Corp. Announces $544M CRE Acquisition
Realty Income Corp., based in Escondido, Calif., has signed definitive purchase agreements to acquire up to 33 single-tenant, retail, distribution, office and manufacturing...
Macerich Completes Acquisition Of Arizona Mall
Macerich, a Santa Monica, Calif.-based owner-operator-developer of commercial real estate, has purchased the remaining 50% ownership stake in Desert Sky Mall in West...
CMBS Delinquencies Hit New High, Albeit Slowly
Trepp LLC's February 2011 U.S. Delinquency Report has determined that the U.S. commercial mortgage-backed securities (CMBS) delinquency rate rose again in February, with...
Eastern Bank Sells Stake In Fantini & Gorga
Eastern Bank, headquartered in Boston, has announced that it will sell its majority ownership stake in Fantini & Gorga to the commercial real...
PNC, ICSC Team On New Retail Data Report
Pittsburgh-based PNC Financial Services Group Inc. and the International Council of Shopping Centers (ICSC) have released a new market research report that offers...
Blackstone To Pay $9.4B For Centro’s U.S. Shopping Centers
Blackstone Group LP, the world's largest private equity firm, is paying $9.4 billion to purchase 588 U.S. shopping centers and strip malls owned...
Trepp: Failed Banks Clogged With Nonperforming CRE Loans
Nonperforming commercial real estate (CRE) loans dominated the portfolios of banks that were shut down last month, according to the February U.S. Bank...
HUD To Insure $29M Mortgage For Calif. Hospital
The U.S. Department of Housing and Urban Development (HUD) has announced a commitment to insure a $29 million mortgage loan to Parkview Community...
CMBS Special Servicing Volume Up 22.7%
The volume of commercial mortgage-backed security (CMBS) assets serviced by Fitch-rated special servicers rose dramatically last year, according to the rating agency's 2010...
Zacks Is Sweet On REITs
Zacks Equity Research has voiced its support for the real estate investment trust (REIT) industry, stating that the growing number of people seeking...
Moody’s: CRE Average Prices Down For December
After three months on the rise, commercial real estate (CRE) average prices fell 0.9% in December, according to data released by Moody's Investors...
New Reports Focus On Net-Zero-Energy CRE
The Zero Energy Commercial Buildings Consortium (CBC) has issued two new reports on how industry stakeholders can achieve net-zero-energy commercial buildings over the...
Fitch Expects To Rate NCUA Guaranteed Notes Trust 2011-C1
Fitch Ratings has issued a pre-sale report for NCUA Guaranteed Notes Trust 2011-C1. Fitch expects to give AAAsf ratings to both the $235...
Fitch Is Cautiously Optimistic About Hotel Properties
The performance of U.S. commercial mortgage-backed security (CMBS) hotel properties will likely stabilize as revenue per available room (RevPAR) continues to rebound from...
SBA Launches Temporary Program For Commercial Real Estate Refinancing
Small businesses facing maturity of commercial mortgages or balloon payments before Dec. 31, 2012, may be able to refinance their mortgage debt with...
Realpoint: CMBS Delinquent UPB Falls For Second Time In 12 Months
Realpoint, a Morningstar company, reports that the delinquent unpaid balance for commercial mortgage-backed securities (CMBS) fell slightly in January - only the second...
New S&P Report Tracks Progress In CRE’s Lodging Sector
Standard & Poor's Ratings Services (S&P) has published a report on the state of the lodging sector within U.S. commercial real estate. The...