CRE Lenders Optimistic About 2010 Production
An increasing number of lenders to the commercial real estate sector predict loan production will increase this year, according to Jones Lang LaSalle's...
Berkadia, Easton Lynd Sign Property Management Deal
Easton Lynd Management, the commercial property management division of The Lynd Co., has been tapped by Berkadia Commercial Mortgage LLC to manage a...
Freddie Mac Approves Bellwether For Multifamily Program Plus
Cleveland-based Bellwether Real Estate Capital LLC has been approved as a Freddie Mac Multifamily Program Plus Seller/Servicer. This designation, shared by 26 other...
Apartment Market Conditions Steady, NMHC Says
Apartment industry market conditions are little changed from three months ago, according to the National Multi Housing Council's (NMHC) latest Quarterly Survey of...
DebtX-Priced CRE Loan Values Fell In December
The aggregate value of commercial real estate (CRE) loans priced by Boston-based DebtX that collateralize commercial mortgage-backed securities (CMBS) fell to 75.9% as...
Commercial Originations Rose 15% In Q4 2009
Commercial and multifamily mortgage loan originations in the fourth quarter of 2009 were 12% higher than they were during the same period last...
The Corvus Group Offers Troubled-Asset Advisory Services
The Corvus Group, a Washington, D.C.-area firm with nearly $10 billion of real estate assets under management from failed banks, has formed a...
Fannie, DUS Lenders Invested $19.8B In Multifamily Last Year
Through its lender and housing partners, Fannie Mae provided $19.8 billion in debt financing for the multifamily rental housing market in 2009, the...
CRE Portfolio Lender Gains East-Coast Foothold
Los Angeles-based commercial real estate portfolio lender Mesa West Capital has opened an office in New York. The privately held company, which says...
Wells Fargo/Wachovia Leads National Rankings Of Commercial Servicing Volumes
With $473.8 billion in U.S. master and primary servicing volume, Wells Fargo/Wachovia topped the Mortgage Bankers Association's (MBA) 2009 year-end ranking of commercial...
FICS Updates LoanStat Software
Financial Industry Computer Systems Inc. (FICS), a provider of commercial loan servicing software, has rewritten its LoanStat service, which the company says will...
MBA Reports Low Commercial Loan Maturity Volumes In Coming Year
The volume of commercial and multifamily mortgage debt maturing in 2010 and 2011 is relatively low, according to the Mortgage Bankers Association's (MBA)...
Speculation Surrounds Stuy Town Transfer
The announcement by Tishman Speyer LP and BlackRock Realty of their intent to return Peter Cooper Village/Stuyvesant Town (PCV/ST) to its lender is...
Tishman-BlackRock JV Hand Stuy Town Back To Creditors
The joint venture between BlackRock and Tishman Speyer Properties has transferred to creditors the Peter Cooper Village and Stuyvesant Town apartment complex in...
GGP Provides Update On Loan Closings, Subsidiary Emergences
Chicago-based General Growth Properties Inc. (GGP) says its joint-venture subsidiary, Carolina Place LLC, has closed on an extension of its $155 million mortgage...
Regulators Issue Final Rule On FAS 166, 167
The federal banking and thrift regulatory agencies have announced the final risk-based capital rule related to the Financial Accounting Standards Board's adoption of...
New Group Focuses On Distressed Commercial Real Estate
Real estate developer The Alter Group has formed a new affiliate, Alter Asset Recovery, to provide expedited solutions for lenders and special servicers...
Fitch: CREL CDO Delinquencies Could Reach 25% By YE
Delinquencies for U.S. commercial real estate loan collateralized debt obligations (CREL CDOs) closed out 2009 with a two basis-point increase to 12.3%, according...
Moody’s Analytics Takes Full Ownership Of Commercial Mortgage Metrics
Moody's Analytics, a provider of risk management solutions, says it has acquired full ownership of Commercial Mortgage Metrics (CMM), an analytical model for...
Dynex Resecuritizes CMBS, Announces TALF Eligibility
Dynex Capital Inc., a real estate investment trust, says it has successfully resecuritized a portion of its commercial mortgage-backed securities (CMBS) portfolio. As...