Research Paper Notes CRE Opportunities
In a newly released paper, global business advisory firm AlixPartners LLP suggests that opportunities in commercial real estate this year could surpass 'even...
DebtX To Sell Two Loan Portfolios
DebtX has announced its involvement in the sale of two loan portfolios. The first portfolio, scheduled for sale on March 22, includes $105.5...
Freddie Mac Approves Walker & Dunlop In New York
Multifamily lender Walker & Dunlop has been approved as a Freddie Mac Program Plus Seller/Servicer in the New York metropolitan region. In addition...
The Granite Cos. Launches New Division
The Granite Cos., headquartered in Denver, has created a new division, Granite Excell Management (GEM), that will focus on managing, administering and developing...
NAR: No CRE Recovery Expected Until 2011
The National Association of Realtors (NAR) has seen the light at the end of the tunnel for the commercial real estate sector. However,...
Retrofit Loan Fund Created For Bay Area Affordable Housing
The State of California awarded $3 million in funding from the State Energy Program to a partnership of the San Francisco Mayor's Office...
Trepp Acquires Foresight Analytics
Trepp, a provider of commercial mortgage-backed securities and commercial mortgage information, analytics and technology, has acquired Foresight Analytics LLC, which provides real estate...
NAI Global Launches Special Asset Solutions Group
NAI Global, a network of commercial real estate firms, has formed a Special Asset Solutions group to assist clients with financially distressed real...
GGP, Simon Debate ‘Process’
A new chapter has emerged in the now very public back-and-forth between General Growth Properties (GGP) and Simon Property Group regarding Simon's attempt...
Starwood Property Trust To Acquire $503M Portfolio
Starwood Property Trust, a real estate investment trust, has signed a definitive agreement to acquire a $503 million portfolio of performing commercial mortgages...
Fitch: Retail Declines Hit Halfway Point
Since reaching their performance peak in mid-2007, retail properties have realized only 50% of their likely revenue declines, Fitch Ratings says in its...
Waterstone Asset Management Obtains Special Servicer Rating
Waterstone Asset Management, a subsidiary of Waterstone Capital Advisors, says it has recently received a commercial mortgage special servicer rating from Standard &...
Simon Property Group Bids $10B For General Growth Properties
Indianapolis-based Simon Property Group Inc., the nation's largest real estate investment trust, has made public its offer to acquire General Growth Properties Inc....
CMBS Special Servicing Showing No Signs Of Slowing
U.S. commercial mortgage-backed security (CMBS) loans are transferring to special servicing in larger batches and with increasing speed, according to Fitch Ratings. In...
Small-Cap Days On Market Reach New Highs
Commercial property leasing demand weakened further in January, according to Boxwood Means Inc.'s monthly small-cap real estate market report. Days on Market (DOM),...
Markit Adds ‘AM’ Tranche To CMBX Indices
Markit, a global financial information services company, has launched its Markit CMBX.NA.AM sub-indices. The new sub-indices reference commercial mortgage-backed securities (CMBS) that sit...
Fannie Mae Qualifies Mutual Of Omaha Bank For AD&C Program
Mutual of Omaha Bank says it has been approved as a lead bank partner for Fannie Mae's Acquisition, Development and Construction (AD&C) financing...
Cambridge Closes $12.9M FHA Mortgage On Pediatric Facility
Cambridge Realty Cos. reports that it has closed a $12.9 million Federal Housing Administration (FHA)-insured first-mortgage loan refinancing: Alden Village North, a 128-bed...
Firm Offers Commercial Mortgage Asset Management Services
Purcellville, Va.-based Lowers & Associates (L&A) has formally introduced its new Commercial Mortgage Asset Management (CMAM) workout and loan restructuring services. L&A will...
Fitch: CMBS Delinquencies Grow To 6%
The delinquent status of the Extended Stay America loan was a large contributor to a 129 basis-point (bp) increase in overall U.S. commercial...