Despite historically low interest rates, defeasance volume in the CMBS market plunged last year to $68 billion from $153 billion in 2019, according to Trepp LLC That no doubt was driven by the reluctance from investors to complete sales transactions...
South Florida Business Journal The Easton Group has paid $82 million for a development site in Hialeah Gardens, Fla, where it plans to build a 266,000-square-foot distribution warehouse The industrial project is being built on a 104-acre site at...
Commercial Real Estate Direct Staff Report The continued escalation in prices for apartment properties drove a 46 percent surge in defeasance volume last year, to $178 billion, according to Moody's Investors Service A total of $85 billion of that...
Only 413 CMBS loans with a balance of $59 billion were defeased, or replaced by government securities, last year through the end of...
Dallas Business Journal The Siegel Group Nevada Inc has bought the 241-room Regency Hotel in Dallas Eshnam Hospitality LLC sold the vacant property at 11350 LBJ Freeway and was represented by Beam Real Estate LLC Siegel, of Las Vegas, obtained a $27...
A total of 1,013 CMBS loans were defeased last year, compared to 1,332 loans a year earlier The latest year's numbers will grow as additional data are tallied But total figures for the year will still fall short of the $225 billion of loans that...
A total of 528 loans with a balance of $79 billion were defeased during the first half of the year, according to Moody's Investors Service That compares with $102 billion of volume a year earlier Full-year volume is on track to fall well below last...
Tampa Bay Business Journal A venture of Feldman Equities and Tower Realty Partners has paid $1205 million for a 147-acre development site in downtown Tampa, Fla, that's slated for a mixed-use project The waterfront site, at the intersection of South...
The following story was edited to reflect that loan reporting typically carries a one-month lag Commercial Real Estate Direct Staff Report A total of 400 CMBS loans with a balance of $54 billion were defeased, or replaced by government securities,...
