Fitch: CMBS Downgrades To Continue As New Issuance Rises
Downgrades on existing commercial mortgage-backed securities (CMBS) will continue at a less pronounced pace as the market prepares for a steady inflow of...
PKF-HR: Hotel Profit Growth Returns
Based on the strong surge in lodging demand that occurred during the first half of the year, Colliers PKF Hospitality Research (PKF-HR) now...
Wells Fargo Tops MBA Rankings Of Commercial Servicers
With $462.8 billion in U.S. master and primary servicing contracts, Wells Fargo topped the Mortgage Bankers Association's (MBA) midyear ranking of commercial and...
Retail Property Loan Backs New CMBS Issue
JPMorgan Chase is marketing a $484.6 million commercial mortgage-backed security (CMBS) that is backed by a loan to Centro Properties Group, several media...
CMBS Delinquency Growth Slows
Commercial mortgage-backed security (CMBS) loans are going bad at a slower rate, Realpoint reports in its monthly delinquency report. According to the rating...
Hotel Sales Up In California
California hotel sales jumped 59% in the first six months of the year, according to a recent analysis published by Atlas Hospitality Group,...
Starwood Announces Completion Of Commercial Securitization
Starwood Property Trust has announced that its participation in a recently completed commercial mortgage securitization generated nonrecourse match-funded financing for the company with...
PCCP, OPERS Create New Venture To Originate Senior Commercial Mortgages
PCCP LLC and the Ohio Public Employees Retirement System (OPERS) have teamed up to form a new venture that will originate first mortgages....
Fitch Takes Rating Actions On Wells Fargo’s CMBS Servicer Ratings
Fitch Ratings has taken rating actions on Wells Fargo Bank's commercial mortgage-backed securities (CMBS) servicer ratings. The company has affirmed the bank's primary-servicer...
CMBS Special Servicing To Reach $110B By Year-End
Fitch Ratings says it expects the level of special servicing of commercial mortgage-backed security (CMBS) loans to reach $110 billion by the end...
KDX Ventures To Sell $234M HUD Portfolio Of CRE Loans
KDX Ventures, a joint venture between DebtX and KEMA Advisors, will sell $234 million in multifamily and healthcare loans for the U.S. Department...
Cantor Fitzgerald, CIM Group Establish CRE Investment Platform
Financial services firm Cantor Fitzgerald and investment firm CIM Group (CIM) have formed Cantor Commercial Real Estate (CCRE), a new real estate financing...
Chase Purchases $3.5B CRE Loan Portfolio From Citi
JPMorgan Chase has purchased a $3.5 billion portfolio of multifamily and commercial real estate loans from Citibank. Terms of the transaction were not...
DebtX: CRE Loan Prices Rise In June
The aggregate value of commercial real estate (CRE) loans priced by DebtX that collateralize commercial mortgage-backed securities (CMBS) increased to 77.4% as of...
Calif. Commercial Delinquencies Increase, But Remain On Low Side
California's commercial mortgage delinquency rate increased from 0.63% to 1.26% in the second quarter, according to the California Mortgage Bankers Association's (CMBA) latest...
CMBS Late Pays Hit All-Time High
While the delinquency rate for loans in commercial mortgage-backed securities (CMBS) hit an all-time high in July, the rate of increase in the...
Parkway Properties Purchases Note For $33 Million
Parkway Properties Inc. has announced the purchase of a first mortgage note secured by three properties owned by RubiconPark I LLC from special...
State Regulators Support CRE Guarantee Program
Iowa Superintendent of Banking and Chairman of the Conference of State Bank Supervisors Thomas B. Gronstal spoke in favor of the Commercial Real...
Cumulative CMBS Loan Default Statistics Move To Almost 9.5%
Fitch Ratings' U.S. commercial mortgage-backed securities (CMBS) cumulative default rate for its fixed-rate conduit universe stands at 9.48% as of the end of...
Douglas Wilson Cos. Introduces Receivership Division
San Diego-based Douglas Wilson Cos. (DWC) has formed a small-business division designed to handle a growing number of targeted receiverships of fewer than...