The small-capitalization property sector appears to be firming up, with sales volumes increasing across the board last year Cap rates have increased as well, except for industrial properties...
Commercial Real Estate Direct Staff Report Last year, 402,175 apartment units were delivered across the country, according to Cushman & Wakefield At the same time, 355,628 units were absorbed, marking the fourth year in a row in which deliveries...
Commercial Real Estate Direct Staff Report The $310 million loan Deutsche Bank and Societe Generale provided against the 512,171-square-foot office property at 535-545 Fifth Ave in Midtown Manhattan pays a 706% coupon The loan was used by the...
Data center REITs underperformed equity REITs in general last year, an indication that while the sector has been all the rage, uncertainty prevails That would appear, at first glance, to be...
The Real Deal The CMBS trusts that held the $12293 million loan against the 750 Lexington Ave office property in Midtown Manhattan have taken title to the property through a foreclosure held last week The two trusts are GS Mortgage Securities Corp,...
Commercial Real Estate Direct Staff Report The CMBS trusts that hold a $130 million loan against 90 Hudson St in Jersey City, NJ, could soon take title to the 431,658-square-foot office building Servicer notes compiled by Trepp Inc indicate that the...
The collateral pool for what originally was a $3848 million CMBS loan against a portfolio of apartment properties that Chetrit Group purchased in 2019 for $522 million is likely to shrink further in the coming months...
Commercial Real Estate Direct Staff Report Chronic cash flow issues at Park Place at Florham Park in northern New Jersey could soon result in its transfer to the CMBS trusts holding a $625 million loan against the 360,265-square-foot office complex...
Commercial Real Estate Direct Staff Report Palisades Center Mall in New York’s Rockland County is scheduled to be sold at a foreclosure auction on Feb 4 News of the pending foreclosure auction was reported first by the Rockland County Business...
Commercial Real Estate Direct Staff Report The $1562 million CMBS loan against the 136-room Aloft Lubbock hotel in Lubbock, Texas, originated exactly a year ago, hasn’t received a payment since October and is now classified as being more than...
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.
