The volume of CMBS loans in the hands of special servicers declined for the second straight month in December, to $6386 billion That's 1071% of the $59649 billion universe tracked by Trepp...
Domestic, private-label CMBS issuance increased by nearly 21% last year to $1256 billion, marking the sector's most active year since the Global Financial Crisis...
The $5323 billion universe of CMBS loans against regional and superregional malls tracked by Trepp Inc has an 112% delinquency rate It might be an optimistic...
The CMBS trusts placed a winning credit bid of $1302 million at the property's foreclosure action just more than a month ago That was more than two years after the previous owner, Unibail-Rodamco-Westfield, announced that it would turn the property...
The volume of CMBS loans that are more than 30 days late with their payments declined by $264 million in December to $4358 billion, marking the fifth time that delinquency volumes declined last...
The Commercial Real Estate Finance Council’s upcoming Miami conference, set for Jan 11-14, is shaping up to be among the best-attended of the trade group’s major events So far, more than 4,000 people are expected to attend However, not...
The controlling-class holder of a 2016 CMBS deal that includes a piece of a $130 million loan in special servicing has sued to halt a proposed workout plan by Rialto Capital Advisors, arguing that it results in the servicer enriching itself at the...
A total of 7,085 loans with a balance of $28703 billion come due by the end of next year, according to the TreppCRE platform Some have relatively low coverage and debt yield levels, making them possible refinance...
Commercial Real Estate Direct Staff Report The $800 million CMBS loan against the 650 Madison Ave office building in Midtown Manhattan that has been in special servicing since September, when it didn’t receive its scheduled payment, has been...
Pearlridge Center, the largest enclosed mall in Hawaii, has been reappraised at a value of only $1765 million, one-third less than the $225 million loan against it The venture that owns the property has consented to placing it in receivership...
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.
