Arbor Enhances Small-Loan Program
Arbor Commercial Funding LLC, a wholly owned subsidiary of Arbor Commercial Mortgage LLC, says it is reducing the initial processing fee for Fannie...
Small-Cap Retail And Shopping Centers Show Hints Of Recovery
The rates of decline among asking rents for small retail and shopping center properties slowed in August, according to new data from Stamford,...
IRS Rule Change Paves Way For More Commercial Mods
A new rule from the Internal Revenue Service (IRS), Revenue Procedure 2009-45, allows commercial real estate borrowers to proactively discuss possible modifications to...
Jones Lang LaSalle, REDC Team On Auction Site
Jones Lang LaSalle has launched a joint venture with Real Estate Disposition Corp. LLC (REDC) to provide an online auction sales platform for...
Broker-Friendly CRE Auction Platform Created
Marina del Rey, Calif.-based AuctionPoint Inc. has launched an online commercial real estate auction platform that allows local brokers to customize and manage...
New Group Specializes In CRE Advisory Services
A new real estate advisory and investment group focusing on commercial and multifamily residential properties has been formed in Fort Lauderdale, Fla. The...
Investor Survey: Looming Defaults Could Jump-Start Distressed CRE Buying
Investors anticipate that near-term defaults, combined with looming due dates on commercial mortgage-backed securities (CMBS) maturities, will jump-start distressed buying opportunities during the...
Fitch: GGP Loan Corrections Stem U.S. CMBS Delinquency Climb For Now
Though U.S. commercial mortgage-backed securities (CMBS) delinquencies held steady at 3.04% this past month, a closer look reveals a de facto increase of...
FIMAC Launches Construction Stress Analytics Program
Denver-based software provider FIMAC Solutions LLC has released Construction Stress Analytics, which analyzes how a commercial construction or development project may perform over...
Fitch Sees REITs’ Access To Unsecured Debt Improving
Access to unsecured debt is improving for U.S. equity real estate investment trusts (REITs), according to Fitch Ratings in a new report. Though...
Fitch Places 33 Classes Of COMM 2006-FL12 On Watch Negative
Fitch Ratings has placed 33 classes of COMM Mortgage Trust 2006-FL12 commercial mortgage pass-through certificates on Rating Watch Negative. The Negative Watch is...
Markit To Launch Commercial Mortgage Total Return Swap Index
Markit, a financial information services company, has announced the forthcoming launch of the Markit TRX.NA index, which is designed to provide investors the...
MBA Tracks Commercial/Multifamily Delinquency Rates
Delinquency rates continued to increase in the second quarter for all commercial/multifamily mortgage investor groups, according to the Commercial/Multifamily Delinquency Report from the...
PNC/Midland Web Site Lists REO Offerings
In an attempt to increase investors' access to their real estate owned (REO) listings, PNC Bank and Midland Loan Services have launched a...
Fitch Takes Action On Commercial Classes
Fitch Ratings has taken various rating actions on 11 classes of Morgan Stanley Capital I Trust 2006-IQ11, commercial mortgage pass-through certificates. Ten classes...
Commercial Defaults Projected To Rise To 4.2% By Year-End
The national default rate for commercial real estate mortgages held by depository institutions rose from 2.25% in the first quarter to 2.88% in...
Fitch Downgrades Capmark Financial Group’s IDR
Fitch Ratings has downgraded the long-term Issuer Default Ratings (IDR) of Capmark Financial Group to C from B-, and Capmark Bank to CC...
Fitch’s CMBS Loans Of Concern Rise
The addition of 432 commercial real estate loans totaling approximately $5.2 billion resulted in a 7% increase in Fitch Ratings' U.S. commercial mortgage-backed...
Warren Buffet’s Berkadia III Buys Capmark Financial Group
Berkadia III LLC, a newly formed entity owned by Leucadia National Corp. and Warren Buffett's Berkshire Hathaway Inc., has agreed to purchase Capmark...
Sam Zell Forms Distressed-Asset Fund
Equity Group Investments LLC Chair Sam Zell, the legendary real estate entrepreneur and owner of the Chicago Cubs baseball team, filed a private-placement...