Unfavorable market conditions have prompted the major apartment-owning REITs to pull back on acquisitions Some now favor development, which they say provides them with greater yield...
The monthly rents that the country's largest apartment REITs generated during the third quarter increased by 142% from the second quarter to an average of $1,926/unit That compares with the 049% increase in rents they reported in the second quarter...
Just more than $3 billion of CMBS loans transferred to special servicers last month That's 14% more than the average that has transferred monthly over the previous 12 months But special servicers worked out, or otherwise resolved, $135 billion of...
The volume of CMBS loans that are more than 30 days delinquent declined in October by $905 million to $4775 billion The drop was driven by the modification, or reversion back to performing, of a number of very large loans, including a $11 billion...
Several of the largest publicly traded office REITs are moving back into the ground-up development game, after years of focusing on leasing and balance-sheet...
Commercial Real Estate Direct Staff Report Average monthly rents for apartment units across the country increased in the third quarter by 23% from a year ago, to $1,950, according to Cushman & Wakefield The increase was the largest...
WP Carey Inc, one of the country's largest owners of net-leased real estate, has completed $16 billion of property acquisitions so far this year, putting it well on its way to reaching its expectation of up to $21 billion of deals for the year...
Commercial Real Estate Direct Staff Report Fannie Mae funded $145 billion of multifamily loans during the third quarter, bringing its total lending activity for the year so far to 1,930 loans with a balance of $458 billion That compares to a year...
The median loan-to-value ratio of mortgages against manufactured-housing properties that were securitized so far this year decreased to 582% from 596% for all of last year...
Just more than 10 million square feet of office space was leased in Manhattan during the third quarter, bringing the total for the year through September to 3286 million sf, according to Colliers...
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.
