Canyon Expands Hotel Lending and Acquisition Activities
Canyon Capital Realty Advisors (CCRA) and its affiliates, including the Canyon Johnson Urban Funds (CJUF), are intensifying their investment activities in the hospitality...
Fitch Lowers Two CMBS Servicer Ratings For CW
Fitch Ratings has downgraded the commercial mortgage-backed securities (CMBS) master- and special-servicer ratings for CW Capital LLC and CW Capital Asset Management LLC...
Commercial/Multifamily Debt Outstanding Declined In Q2
The level of commercial/multifamily mortgage debt outstanding decreased in the second quarter to $3.24 trillion, according to the Mortgage Bankers Association's (MBA) analysis...
Realpoint: Delinquent CMBS Up To $61.39B In August
The delinquent unpaid balance for loans in commercial mortgage-backed securities (CMBS) grew from $60.84 billion in July to $61.39 billion in August, Realpoint...
DDR Originates Mezzanine Financing On Retail Assets
Developers Diversified Realty Corp. (DDR) has originated a $31.7 million mezzanine loan to a subsidiary of EDT Retail Trust (EDT) secured by equity...
CRE Caused Last Week’s Bank Failures, Analyst Says
Five of the six banks that regulators closed Friday failed primarily because of commercial real estate problems, according to Foresight Analytics, a division...
Fitch: CREL CDO Delinquencies Up Slightly In August
Delinquencies for commercial real estate loan collateralized debt obligations (CREL CDOs) continued their ascent last month, albeit slightly, according to the latest U.S....
Report: Investor Eyes Multifamily Properties In N.Y., Fla.
A new real estate investment group is looking to acquire multifamily assets in the New York metro and South Florida areas, emii.com reports....
Sand Capital Aims For $1B In Distressed-Asset Acquisitions
Scottsdale, Ariz.-based Sand Capital, a division of retail developer Sandor Development Co., reports that it has acquired over $100 million in distressed debt...
Marcus & Millichap Arranges Sale Of CRE Portfolio In Bankruptcy
The Marcus & Millichap National Senior Housing Group has completed the sale of the Highgate LTC Portfolio - a portfolio of skilled-nursing facilities...
Macquarie Group To Acquire Presidio Partners
Macquarie Group has entered into an agreement to acquire 100% of the membership interests in Presidio Partners LLC, a real estate private capital...
Multifamily Sector Improvement Depends On Job Growth, Freddie Mac Says
Despite positive developments in parts of the commercial mortgage market, including rent stabilization and the slow return of private funding, a full recovery...
CMBS Loan Resolutions Pick Up
Special servicers of commercial real estate loans worked out a record number of troubled loans in August, according to this week's U.S. CMBS...
Washington Trust Finances Two New England Retail Centers
The commercial real estate division of Westerly, R.I.-based Washington Trust has provided $7.2 million in financing for two shopping centers located in Smithfield,...
Waterton Acquires $109.5M Of Debt Secured By Multifamily Properties
Waterton Residential, a Chicago-based firm that acquires and manages apartment communities, says it recently acquired $109.5 million of debt secured by four prime...
HFF-Arranged CRE Loan To Be Securitized
The Portland, Ore., office of Holliday Fenoglio Fowler LP (HFF) has arranged $114 million in financing for six industrial distribution facilities totaling 4.7...
Trepp: CMBS Delinquency Rate Rises 21 Bps
The delinquency rate for loans in commercial mortgage-backed securities (CMBS) rose 21 basis points (bps) to 8.92% in August, according to Trepp's monthly...
Blackrock Solutions Wins NAIC’s CMBS Modeling Bid
Following a July 28 issuance of a request for proposals (RFP), the National Association of Insurance Commissioners (NAIC) has selected Blackrock Solutions to...
MBA: Commercial Delinquency Levels Vary By Investor Groups
Delinquency rates for commercial/multifamily mortgage investor groups in the second quarter were mixed, according to the Mortgage Bankers Association's (MBA) Commercial/Multifamily Delinquency Report....
DebtX: CRE Loan Prices Rose In July
The aggregate value of commercial real estate (CRE) loans priced by DebtX that collateralize commercial mortgage-backed securities (CMBS) increased from 77.4% at the...