Unibail-Rodamco-Westfield's plan to radically reduce its exposure to the United States by the end of next year could end up costing CMBS investors A total of 13 of the company's malls are encumbered by $307 billion of financing that's been...
Commercial Real Estate Direct Staff Report The volume of CMBS loans that are more than 30 days delinquent declined to $2089 billion last month, from $2163 billion in March, according to Trepp Inc That means 351 percent of the $59489 billion universe...
Commercial Real Estate Direct Staff Report White Marsh Mall in Baltimore has been re-appraised at a value of $113 million, less than half the $300 million appraised value pegged to it in 2013 when a $190 million loan was written against it The CMBS...
Ellington Management acquired the most subordinate bonds, or B-pieces, of two CMBS conduit deals totaling $295 billion, giving it nearly 30 percent of the share of the first-quarter's conduit issuance The company's investment volume exceeded its...
Commercial Real Estate Direct Staff Report CRED iQ has bulked up its CMBS operating advisory and asset-representation reviewer business The Radnor, Pa, analytics and valuation company, which was launched roughly two years ago by two former Kroll...
Commercial Real Estate Direct Staff Report A sentiment index that the CRE Finance Council had started compiling in 2017 has reached its lowest level since the first quarter of 2020, when the coronavirus pandemic struck The index is compiled through...
Sabal Capital Partners originated $264 million of multifamily loans during the first quarter, putting it well on track to reaching its goal of $1 billion of such originations for the year The company, which targets the small- to mid-market sectors,...
Commercial Real Estate Direct Staff Report A sharp increase in the resolution of troubled CMBS loans against retail properties last month was instrumental in reducing the overall volume of loans in special servicing by 522 percent since February, to...
Commercial Real Estate Direct Staff Report The volume of CMBS loans that are more than 30 days delinquent declined in March by just less than 2 percent, to $2163 billion, or 373 percent of the $57942 billion universe tracked by Trepp Inc Delinquency...
Domestic, private-label CMBS issuance ballooned by more than 88 percent in the first quarter, to $2902 billion, driven by single-borrower transactions But issuance during last year's first quarter was just getting restarted after lenders held back...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
Subscribe to our Weekly Newsletter!
