Walker & Dunlop, GP Realty Finance Sign Correspondent Agreement
amily lender Walker & Dunlop LLC has entered into its third correspondent agreement in two weeks - this time with Bellevue, Wash.-based GP Realty...
Fitch Loans of Concern Expected To Rise
e recent growth in reported net operating income (NOI), Fitch Loans of Concern are expected to continue their climb, according to the latest U.S....
Fitch Updates CMBS Servicer Criteria
Ratings has revamped the criteria it uses to rate servicers of commercial mortgage-backed securities (CMBS). The agency updated the criteria to reflect current commercial...
Commercial/Multifamily Debt Outstanding Static At $3.48 Trillion
vel of commercial/multifamily mortgage debt outstanding remained relatively unchanged in the first quarter, at $3.48 trillion, according to the Mortgage Bankers Association's (MBA) analysis...
Rent Declines Slow For Small Industrial And Office Properties
rents for small industrial and office properties continue to drop at the fastest rate since the beginning of the downturn, the velocity of...
Freddie Mac Settles K Certificates
Freddie Mac has settled the offering of its Series K-003 Structured Pass-Through Certificates (K Certificates), multifamily mortgage-backed securities intended to provide liquidity and...
BofA, Morgan Stanley To Sell Commercial Mortgage Debt
f America and Morgan Stanley both plan on selling securities backed by commercial mortgage bonds, Bloomberg News reports. Bloomberg's sources, who requested anonymity on...
FHA To Implement New Condo Approval Process
deral Housing Administration (FHA) last week informed approved mortgagees and appraisers that it will implement a new approval process for condominium projects to insure...
Walker & Dunlop Adds Preferred Capital Advisors To Origination Network
amily lender Walker & Dunlop LLC has entered into a correspondent agreement with Preferred Capital Advisors (PCA), a Sacramento, Calif.-based firm that provides commercial...
No CMBS TALF Takers Yet, But Collateral Monitor Named
rm Asset-Backed Securities Loan Facility's (TALF) dive into commercial mortgage-backed securities (CMBS) is getting off to a slow start, the New York Fed reports....
Fitch’s CMBS Delinquency Index Hits New Peak
loan defaults, coupled with declining performance on multifamily and retail properties, resulted in a 29 basis point (bp) climb to 2.07% for U.S. CMBS...
Newmark Realty Capital Joins Walker & Dunlop’s Origination Network
& Dunlop LLC, the nation's largest dedicated multifamily lender with over 1,200 properties nationwide, has entered into a correspondent agreement with Newmark Realty...
DOJ Sues Capmark Over Two HUD Loan Applications
partment of Justice (DOJ) has filed suit against California mortgage lender Capmark Finance Inc., charging that Capmark violated the False Claims Act by making...
New Law Firm Focuses On Commercial Real Estate
d P. Malone, a former associate regional counsel for the Federal Housing Administration in Fort Worth, Texas, has opened The Law Offices of Bernard...
Multifamily Consulting Firm Opens In Denver
national consulting firm specifically focused on multifamily assets has been launched out of Denver. Caldera Asset Management, co-founded by Mike Kelly and Bill Leseman,...
Super Senior CMBS Expected To Hold Onto ‘AAA’ Ratings
rating actions across the capital structure of many recent vintage U.S. CMBS transactions will be substantial, mezzanine and super-senior AAA-rated classes are expected to...
2008 Commercial/Multifamily Originations Fell 65%
cial/multifamily mortgage origination volumes decreased 65% in 2008, with mortgage bankers closing $181.4 billion in commercial and multifamily loans, according to the Mortgage Bankers...
BNY Mellon Company Adds TALF Focus
Standish Mellon Asset Management Co. LLC, the fixed-income unit of BNY Mellon Asset Management, says it will offer investment strategies that enable clients...
MBA Study: Delinquency Rates Rise For Commercial And Multifamily Mortgages
akening economy and continued credit crunch led to increases in commercial/multifamily mortgage delinquencies during the first quarter of 2009, according to the Commercial/Multifamily Delinquency...
Firm Launches Real Estate Assets Database
Street Capital, a Chicago-based provider of asset management and advisory services, has launched its Bank Asset Network, an online database for buyers looking to...