Citi Deals OneWest $1.4B Multifamily And CRE Portfolio
Pasadena, Calif.-based OneWest Bank FSB has purchased a $1.4 billion multifamily and commercial real estate loan portfolio from Citibank NA. The portfolio includes...
Avison Young: Canadian CRE Investment Market Gains Traction
Due to a strong appetite for retail properties and an active real estate investment trust sector, commercial real estate investment sales dollar volume...
Chicago Fed: Commercial Real Estate Exposure Correlates To Reduced Lending
Banks that had high exposure to commercial real estate (CRE) prior to the financial crisis were more likely than other banks to slow...
CMBS Delinquencies Decline On Large-Loan Resolutions
For the first time in 33 months, U.S. commercial mortgage-backed security (CMBS) loan delinquencies declined, with a large assist from hotels, according to...
Commercial Mortgage Originations Up 15% In Third Quarter
Third-quarter 2010 commercial and multifamily mortgage loan originations were 32% higher than during the same period last year and 15% higher than during...
Trepp: CMBS Delinquency Rate Drops For First Time In Over A Year
The delinquency rate for U.S. commercial mortgage-backed securities fell in October, marking the first month-to-month drop in over a year, according to Trepp...
CRE Loan Prices Dip After Five Months Of Increase
The aggregate value of commercial real estate (CRE) loans priced by DebtX that collateralize commercial mortgage-backed securities (CMBS) decreased from 81% at the...
Fitch Downgrades WBCMT Series 2005-C20
Fitch Ratings has downgraded 10 classes of Wachovia Bank Commercial Mortgage Trust (WBCMT) series 2005-C20 commercial mortgage pass-through certificates due to increased expected...
CRE Execs: Long Recovery Ahead
Well-leased and well-located commercial properties are seeing better access to capital and incremental improvements in market activity, but the commercial real estate (CRE)...
Fitch: Default Not Always Imminent For Recent Special-Servicing Transfers
While most commercial mortgage-backed securities (CMBS) loans transferring to special servicing are driven by borrowers looking to prevent future defaults, select recent transfers...
Fitch Downgrades Bear Stearns Commercial Mortgage Securities Trust
Fitch Ratings has downgraded 11 classes of Bear Stearns Commercial Mortgage Securities Trust (BSCMSI), 2005-PWR7 commercial mortgage pass-through certificates, due to further deterioration...
Fitch: Cumulative Commercial Loan Defaults Pass 10%
The cumulative default rate for securitized, fixed-rate commercial mortgages rose to 10.6% at the end of the third quarter - a 112 basis-point...
FDIC To Sell CMBS In December Or January, WSJ Reports
The Federal Deposit Insurance Corp. (FDIC) is expected to securitize and sell failed banks' commercial real estate loans later this year or early...
DebtX To Sell $1.1B In Commercial, Residential Loans
DebtX will sell $1.1 billion in commercial real estate (CRE) and residential loans in 10 separate transactions through early December. The sales include...
Delinquent CMBS Up To $62.19B, Realpoint Reports
The delinquent unpaid balance for commercial mortgage-backed securities (CMBS) grew $801.2 million to $62.19 billion in September, Realpoint reports. The increase, while well...
More Women In CRE, But Pay Gaps Remain
The commercial real estate industry is made up of more women now than it was in 2005, but parity issues regarding salary and...
ProLogis Announces $1.02B Deal With Blackstone Affiliates
ProLogis, a provider of distribution facilities, has entered into a definitive agreement with affiliates of Blackstone Real Estate Advisors to sell a North...
Pembrook Capital Management Originates $19.9M Loan
Pembrook Capital Management LLC, a commercial real estate investment management company, reports that, together with a Wall Street firm, it has provided pari...
LifeComps Index: Private Commercial Mortgage Gains Continued In Q2
Commercial mortgages held by life insurance companies delivered a 4.64% total return in the second quarter, lifting the 12-month total return to 16.65%...
Fitch: CREL CDO Delinquencies Nearing 13%
Delinquencies for U.S. commercial real estate loan collateralized debt obligations (CREL CDOs) continued to climb this past month, according to the latest U.S....