Stuy Town Filing To Bump CMBS Delinquency Index
The expected foreclosure filing of the Peter Cooper Village and Stuyvesant Town (Stuy Town) loan helped drive U.S. commercial mortgage-backed security (CMBS) delinquencies...
Wells Fargo Tops 2009 List Of Commercial/Multifamily Originators
Wells Fargo Bank was the top commercial/multifamily originator in 2009, according to a set of listings released by the Mortgage Bankers Association. Other...
Cohen Financial, Zions National Real Estate Form Correspondent Lender Partnership
Cohen Financial, a national real estate capital services firm, has formed an exclusive correspondent relationship with Zions National Real Estate (NRE), a nationwide...
CWCapital Opens Second Calif. Office
CWCapital, a full-service national lender to the multifamily and healthcare real estate industries, is expanding its national multifamily lending platform through the establishment...
Freddie Unveils Mezz Financing Arrangement For Multifamily Lenders
Freddie Mac has formally announced its widely anticipated mezzanine financing arrangement, in which it will allow mezzanine debt on qualifying senior multifamily mortgages...
CMBS Loan Delinquencies Jumped In March
The percentage of commercial mortgage-backed security (CMBS) loans 30 or more days delinquent, in foreclosure or in real estate owned (REO) status jumped...
Apollo Announces Additional Capital Deployment
Apollo Commercial Real Estate Finance Inc. (ARI) has completed the origination of a $26 million first mortgage secured by a full-service hotel in...
CRE Firm Opens Loan-Workout Division
Southfield, Mich.-based commercial real estate firm Signature Associates has formed a new division, Signature Mortgage Solutions (SMS), that offers services such as mortgage...
Firms Partner To Originate Multifamily Loans For Freddie
Prudential Mortgage Capital Co. and Johnson Capital have partnered on a new venture - Prudential Johnson Apartment Capital Express - which will originate...
WSJ: RBS Readies CMBS Offering
Royal Bank of Scotland Group's real estate advisory business is expected to market a $500 million commercial mortgage backed security (MBS) offering this...
CMBS UPB Continues To Rise, Realpoint Says
The delinquent unpaid balance for commercial mortgage-backed securities (CMBS) grew by $1.87 billion in February to $47.82 billion, according to the monthly CMBS...
Boston Real Estate Veterans Form Dinosaur Capital Partners
Boston real estate veterans Mark Dufton and Scott Oran have formed Dinosaur Capital Partners LLC to invest private equity in office, industrial, retail,...
Service 1st Goes National With Commercial BPOs
Service 1st Valuation and Settlement Services has begun offering its commercial broker price opinions (BPOs) on a nationwide level. The Pittsburgh-based appraisal management...
Deloitte Reports CRE Will Potentially Hit Bottom In 2010
While declining values, debt maturity and tight credit access, and stalled construction may continue to plague commercial real estate in the U.S. for...
Colliers: Retail Market Entering ‘Not So Fast’ Recovery
Though retail vacancies will stabilize in many markets, new retail construction has virtually disappeared, and lease rates have dropped 25% to 40% from...
Mission Capital Markets Portfolio Of Performing Commercial Mortgages
Mission Capital Advisors LLC, a commercial and residential loan-sale adviser with offices in New York, Florida, Texas and California, is currently marketing a...
Ramco-Gershenson Completes CMBS Financing
Ramco-Gershenson Properties Trust, a publicly traded real estate investment trust based in Farmington Hills, Mich., has closed on a new $31.3 million commercial...
Starwood Capital-Led Consortium To Invest In Extended Stay
Starwood Capital Group, TPG Capital and Five Mile Capital Partners say they have reached an agreement to invest up to $905 million in...
Freddie Mac Announces Multifamily MBS Offering
Freddie Mac has announced a new offering of multifamily mortgage-backed securities (i.e., K Certificates). The company expects to offer approximately $1.1 billion in...
Morningstar To Acquire Realpoint LLC
Morningstar Inc., an independent investment research firm, has entered into a definitive agreement to acquire Realpoint LLC, a Nationally Recognized Statistical Ratings Organization...