Hudson Realty Capital Buys Portfolio Of Failed Banks’ CRE Loans
In partnership with the Federal Deposit Insurance Corp. (FDIC), Hudson Realty Capital LLC, a New York-headquartered real estate fund manager, has closed on...
Hotel Tops CMBS Late Pays By Property Type
November's delinquency rate for commercial mortgage-backed securities (CMBS) reached 8.81% - a 0.31% rise over October's rate, reports Investcap Advisors LLC, a Waltham,...
Commercial/Multifamily Mortgage Debt Outstanding Down 1.3%
The level of commercial/multifamily mortgage debt outstanding decreased in the third quarter to $3.2 trillion, according to the Mortgage Bankers Association's (MBA) analysis...
HCP To Acquire Assisted-Living Facilities From HCR ManorCare
Real estate investment trust HCP has signed a definitive agreement to acquire substantially all of the real estate assets of privately owned HCR...
Pebblebrook Hotel Trust Completes $52.5M Debt Financing
Pebblebrook Hotel Trust has executed a new $52.5 million secured loan with Goldman Sachs Commercial Mortgage Capital LP at a fixed annualized interest...
Fitch: U.S. CMBS Delinquencies Approach 8%
The reprieve in delinquency increases was short-lived, as U.S. CMBS late pays resumed their climb this past month, according to the latest delinquency...
Fitch Affirms Situs CMBS Servicer Ratings
Fitch Ratings has affirmed Houston-based Situs Asset Management's commercial mortgage-backed securities (CMBS) primary servicer rating at CPS3+ and special servicer rating at CSS3+....
Deloitte: CRE Recovery Has A Long Arc
Commercial real estate (CRE) is showing signs that the deterioration of industry transactions and fundamentals has started to plateau, and early stages of...
Goldman Sachs, Citi Announce CMBS Deal
Goldman Sachs and Citi are preparing a $876.45 million commercial mortgage-backed security (CMBS) deal, Dow Jones Newswires reports. The CMBS will be backed...
De-Risking At Heart Of First BanCorp Loan Sale
First BanCorp, the parent corporation of FirstBank Puerto Rico, has signed a letter of intent to sell approximately a $701.9 million loan portfolio,...
DebtX Notes Price Gain In CRE Loans
The aggregate value of commercial real estate loans priced by DebtX that collateralize commercial mortgage-backed securities (CMBS) increased to 80.9% as of Oct....
CMBS Delinquencies Reverse Direction
After falling in October for the first time in over a year, the U.S. commercial mortgage-backed securities CMBS delinquency rate rose again in...
Q3 Commercial And Multifamily Mortgage Delinquency Rates Mixed
Delinquency rates for different commercial and multifamily mortgage investor groups were mixed in the third quarter, according to the Mortgage Bankers Association's (MBA)...
REIT Closes $65.2M Of Mortgages On Shopping Center Properties
Cedar Shopping Centers Inc. has closed on 10-year fixed-rate first-mortgage financing on six primarily supermarket-anchored properties purchased in October on behalf of the...
NAR Sees CRE Market Conditions Improving Next Year
Noting that vacancy rates on commercial properties are easing, the National Association of Realtors (NAR) predicts a modest improvement in commercial real estate...
Berkadia To Originate Fixed-Rate Loans For CMBS Securitization
Berkadia Commercial Mortgage, based in Horsham, Pa., has announced plans to add fixed-rate loans for inclusion in commercial mortgage-backed securities (CMBS) in 2011.Â...
U.S. CRE Prices Up 4.3% In September
U.S. commercial real estate prices experienced a record 4.3% increase from August to September, according to data compiled by the Moody's/REAL All Property...
Multifamily Fundamentals Strengthen In Q3
Although asking rents rose and vacancy rates fell in the third quarter, the multifamily sector's recovery is expected to pull back slightly in...
Wells Fargo Provides $514M Funding To Blackstone Affiliates For Industrial Properties
Wells Fargo & Co. has announced the funding of a $514 million syndicated five-year senior secured term loan to affiliates of Blackstone Real...
Fitch Releases Updated CMBS Surveillance Criteria
Fitch Ratings has released an updated criteria report for surveillance of its U.S. fixed-rate commercial mortgage-backed securities (CMBS) transactions. These criteria will be...