New CRE Lender Opens For Business
Newport Capital Advisors LLC, a newly formed commercial lender based in Dallas, says it is actively seeking to place its capital in commercial...
New Suburban Capital Markets Venture Targets CMBS Refi Challenges
Suburban Capital Markets Inc. announced last week that it had begun a new business model designed to assist its clients who are experiencing...
Douglas Wilson Cos. Opens Las Vegas Office
In a move to accommodate its growing problem resolution and real estate services to clients in the western U.S., Douglas Wilson Cos. has...
Investors Request $2.1B Under TALF’s Legacy CMBS Program
Investors requested $2.1 billion in loans under the Term Asset-Backed Securities Loan Facility's (TALF) legacy commercial mortgage-backed securities (CMBS) program in October. The...
Colony Capital, Colony Financial Provide $206M Secured Loan
Investment vehicles managed by Colony Capital LLC and Colony Financial Inc., a newly formed real estate finance company focused on commercial mortgage loans,...
Fitch: Losses To Increase For U.S. CMBS This Year And Next
With commercial mortgage-backed securities (CMBS) servicers needing more time to resolve delinquent loans, combined with market value declines, loss severities are expected to...
Small-Cap Office Rents Take Hit In September
Rents at small-cap office properties saw their largest decline in three years in September, dropping 0.42% to $17.89 per square foot, research firm...
Fitch Updates U.S. CREL CDO Surveillance Criteria
Credit fundamentals continue to decline for collateral within U.S. commercial real estate loan collateralized debt obligations (CREL CDOs), according to Fitch Ratings. In...
Fitch Analyzes 2006-2008 Fixed-Rate CMBS
Fitch Ratings has completed its review of 78 U.S. commercial mortgage-backed securities (CMBS) conduit transactions issued between 2006 and 2008, resulting in affirmations...
Freddie Mac Purchases 13 Loans From Deutsche Bank Berkshire Mortgage
Freddie Mac announced last week that it had purchased 13 crossed mortgage loans covering 13 properties and 4,513 units from Deutsche Bank Berkshire...
Fitch: Hotel Term Defaults Push CMBS Delinquencies Higher
The reprieve is over for U.S. commercial mortgage-backed securities, as delinquencies resumed their upward trajectory to end the month at 3.58%, according to...
Waterstone Capital Advisors Broadens Service Offerings
Charlotte, N.C.-based defeasance consultancy Waterstone Capital Advisors LLC is expanding into the loan due diligence, real estate owned (REO), asset management and loan...
Walker & Dunlop Expands Its Freddie Mac Representation
Multifamily lender Walker & Dunlop has expanded its Freddie Mac Program Plus Seller/Servicer coverage in Maryland, Virginia and the District of Columbia. 'Given...
ProLogis Closes On $123M Of Portfolio Refinancings
ProLogis, a global provider of distribution facilities, has closed on $123 million of secured financings for two of its property funds. The first...
Banker’s Toolbox Updates CRE Stress-Test Tool
North Hollywood, Calif.-based Banker's Toolbox Inc. has released the newest edition of Crest, a tool that enables banks to stress-test commercial real estate...
RAIT Securities Opens CRE Advisory Business
RAIT Securities LLC, the registered broker-dealer arm of RAIT Financial Trust (RAIT), is expanding its commercial real estate advisory services to financial institutions....
Online Workshops Offered For Commercial Mortgage Professionals
CampusMBA, the education division of the Mortgage Bankers Association (MBA), has announced that it has extended its partnership with Stamford, Conn.-based Insurance Advisors...
DDR Obtains $400M Financing From Goldman Sachs Affiliate
Shopping center real estate investment trust Developers Diversified Realty Corp. has obtained $400 million of new first mortgage financing from an affiliate of...
Fitch Notes Increase In CMBS Special Servicing
Fitch Ratings reported a 6% increase in U.S. commercial mortgage-backed securities (CMBS) loans entering special servicing this past month in its latest edition...
MBA, CMSA Recommend Regulatory Capital Relief For Certain Securities
The Mortgage Bankers Association (MBA) and Commercial Mortgage Securities Association (CMSA) have filed a comment letter with banking regulators to address the proposed...