CMSA Requests TARP Funds For CRE Industry
In a letter addressed to House Financial Services Committee Chairman Barney Frank and Ranking Chairman Spencer Bachus, the Commercial Mortgage Securities Association (CMSA)...
Commercial Defeasance Updates Quick Quote Calculator
Commercial Defeasance LLC has launched a new Web site at www.defeasewithease.com. The site's Quick Quote calculator received enhancements and remains the focal point...
NAI Global Begins Troubled Asset Disposal Program
NAI Global, a network of commercial real estate firms, has launched the Commercial Property PowerSale, a part of the company's Accelerated Marketing Program...
HFF LP Slashes Jobs
Commercial mortgage banker HFF LP, formerly known as Holliday Fenoglio Fowler LP, says it has cut about 12% of its workforce, according to...
Start-Up Offers Commercial Loan Services
A new commercial real estate loan services company has officially been launched under the name Peloton Asset & Loan Services LLC. Headed by...
FirstService Williams Launches Web Site
FirstService Williams, a provider of services such as leasing, property management, investment advisory services, development and mortgage brokerage, has launched a revamped Web...
Criterion Practice Focuses On Distressed Properties
Criterion Development Partners has launched a specialty practice, Criterion Real Estate Services, which provides multifamily services to lenders, owners, institutional investors and other...
REIT Taps Chatham In Defeasance Process
Chatham Financial says it has advised Education Realty Trust Inc. in the defeasance of $185 million in loans, which were secured by 10...
Suburban Capital Markets Begins DUS Program
Suburban Capital Markets Inc. has begun originating multifamily loans under Fannie Mae's delegated underwriting and servicing program. In addition to multifamily, sectors in...
Grubb & Ellis Predicts CRE Challenges In 2009
Grubb & Ellis Co., a real estate services and investment firm, has released its 2009 Global Real Estate Forecast, which indicates that 2009...
MuniMae Sells Agency Business To Oak Grove
Municipal Mortgage & Equity LLC (MuniMae) has agreed to sell its agency lending operations to Oak Grove Commercial Mortgage LLC, a newly formed...
Commercial Real Estate Looks For TALF Aid
Lobbyists for the U.S. commercial real estate industry are pushing for inclusion in the Federal Reserve's $200 billion Term Asset-Backed Securities Loan Facilitiy...
Mobile Finance Now Does Debt Consolidation
Mobile Finance Inc., a specialty financial services company focused on offering mobile home loan programs, has introduced a mobile home refinancing program that...
PKF Capital Creates Distressed Hotel Program
PKF Capital has introduced a distressed hotel solutions program in response to the increasing number of financially troubled U.S. hotels, whose owners, lenders...
Seattle Bank To Give $4.38 Million In Affordable Housing Awards
The Federal Home Loan Bank of Seattle (Seattle Bank) says it will provide $4.38 million in Affordable Housing Program (AHP) subsidy to fund...
Grandbridge Acquires Live Oak Capital
Grandbridge Real Estate Capital LLC, the commercial mortgage banking subsidiary of Branch Banking and Trust Co., plans to buy Houston-based commercial mortgage banking...
Centerline Holding Co. Common Shares Move To OTC Market
Centerline Holding Co., the parent company of Centerline Capital Group, says the New York Stock Exchange (NYSE) has delivered a written notice to...
Gallin Glick Sullivan O’Keefe Formed
Real estate industry veterans Henry Gallin, Michael Glick, Frank Sullivan and Ray O'Keefe have launched Gallin Glick Sullivan O'Keefe, a new national consulting...
CMSA, MBA Applaud SEC Decision On Rating Agency Reform
Commercial Mortgage Securities Association (CMSA) says it supports a decision not to consider a controversial component within the credit rating agency reform measures...
Stewart Creates Multinational CRE Title Services Unit
Stewart National Title Services, a division of Stewart Title Guaranty Co., has formed a new title services unit, the Multinational Title Services Group,...