Freddie Mac Debuts K Certificates With Multifamily Mortgage Backing
Freddie Mac has announced its first-ever offering of Structured Pass-Through Certificates (K Certificates) backed only by multifamily mortgages with a seven-year term. Freddie...
Canadian CRE Investment Nearly Doubled In 2010
The Canadian commercial real estate sector (CRE) grew 48% in 2010, with C$18.9 billion in investment, according to data released by CB Richard...
Fitch: CREL CDO Delinquencies Hit 14%
U.S. commercial real estate loan collateralized debt obligation (CREL CDO) delinquencies rose to 14% in January from 13.6% in December, according to the...
Colliers: Industrial Property Market Shows Definitive Signs Of Recovery
The national industrial property sector absorbed 28.6 million square feet of space during the fourth quarter of 2010, propelling what had been a...
$74.8B In Real Estate Auctions During 2010
Real estate auctions accounted for $74.8 billion in sales during 2010, according to a new estimate by the Gwent Group, based in Bloomington,...
DebtX Reports December Drop In CRE Loan Prices
The aggregate value of commercial real estate (CRE) loans priced by Boston-based DebtX that collateralize commercial mortgage-backed securities (CMBS) decreased to 79.4% as...
MBA: CRE Originations Up 36% In 2010
Mortgage bankers originated $110 billion of commercial and multifamily mortgages during 2010 - an increase of 36% from 2009 - according to preliminary...
Blackstone Takes Majority Stake Of Hotel Del Coronado
Strategic Hotels & Resorts Inc., headquartered in Chicago, has closed a definitive agreement to recapitalize the joint venture that owns the Hotel del...
MBA Ranks Top Commercial, Multifamily Mortgage Servicers
The Mortgage Bankers Association (MBA) released its year-end ranking of commercial and multifamily mortgage servicers as of Dec. 31, 2010. At the top...
Commercial Real Estate Creeping Slowly Toward Recovery
Although the commercial real estate sector is showing hints of stabilization, a full recovery is still far away, regulators and analysts say. In...
Freddie’s Multifamily Volume Picked Up In Second Half Of 2010
Freddie Mac reports that the volume of its multifamily whole-loan and bond guarantee business totaled $15 billion last year - down from almost...
Despite New Issuances, CMBS Delinquency Rate Hits Another Record High
The U.S. commercial mortgage-backed security (CMBS) rate rose again in January, with the percentage of loans 30 or more days delinquent, in foreclosure...
Morgan Stanley And B Of A To Issue CMBS
A second commercial mortgage-backed securities (CMBS) deal has hit the market this week, The Wall Street Journal reports. The $1.55 billion issuance is being...
Survey Finds CRE Markets Mending Slowly
The Real Estate Roundtable, fresh off its 2011 State of the Industry Meeting last week, says its 1st Quarter 2011 Real Estate Roundtable...
Fannie Mae Delivers New Multifamily MBS Product
Fannie Mae has introduced Guaranteed Multifamily Structures (Fannie Mae GeMS), an expanded multifamily mortgage-backed securities (MBS) execution that will include DUS Megas, DUS...
Deutsche Bank, UBS To Offer $2.2B CMBS
Deutsche Bank and UBS are planning to issue the year's first commercial mortgage-backed security (CMBS) offering, a $2.2 billion bond offering. The Wall...
Fed: More Demand, Less Funds For CRE Loans
Approximately 10% of U.S. banks have reported an increased demand for commercial real estate (CRE) loans, the strongest reading since early 2006, according...
Investor Consortium Acquires FDIC Structured Transaction
A consortium of investors organized by Colony Capital LLC, including Colony Financial Inc., a real estate finance company focused on acquiring, originating and...
Cantor Fitzgerald Plans $1B CMBS Offer
New York-based bond broker Cantor Fitzgerald LP is planning a $1 billion securities offering tied to commercial property loans. According to a...
Jones Lang LaSalle Acquires Primary Capital Advisors’ Lending And Servicing Group
Jones Lang LaSalle says it will enter into a definitive agreement to acquire certain assets of the Atlanta-based commercial real estate lending and...