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Home > Volume of CMBS Loans in Special Servicing Drops Again, for 12th Straight Month
Commercial Real Estate Direct Staff Report Apartment operating expenses in January had increased by 71 percent from a year ago, according to Yardi Matrix The Santa Barbara, Calif, software and data company said the increase, to $8,950/unit annually...
Commercial Real Estate Direct Staff Report One City Centre, a 602,122-square-foot office building at 1021 Main St in Houston, is under contract to be sold That’s according to a CMBS Newsflash by Morningstar Credit Analytics this morning JLL...
Capital-raising for real estate funds during the first quarter remained lackluster, according to Preqin, with only $285 billion of capital raised on behalf of 59 funds that closed during the period That compares with 116 funds that had closed after...
Commercial Real Estate Direct Staff Report Fannie Mae funded $101 billion of multifamily loans during the first quarter, just shy of the $102 billion it funded during the same period a year ago and $112 billion during the fourth quarter The...
Commercial Real Estate Direct Staff Report Macerich Co has negotiated a three-year term extension of the $8437 million mortgage against the Fashion Outlets of Niagara Falls, taking the loan’s maturity to October 2026 It would be the second...
The volume of delinquency in the CMBS universe ballooned by 74 percent last month to $2971 billion, according to Trepp Inc, putting that metric at a level not seen since late 2021 as the market was recovering from the Covid lockdowns The office...
Host Hotels & Resorts Inc has paid $530 million, or $735,090/room, for a two-hotel complex with 721 rooms in Nashville, Tenn The Bethesda, Md, REIT bought the property, comprised of the 215-room 1 Hotel Nashville and 506-room Embassy Suites by...
Commercial Real Estate Direct Staff Report The $3896 million CMBS loan against 100 Westminster, a 361,462-square-foot office building in Providence, RI, has been extended by a year through next February, with an option that would allow it to be...
Commercial Real Estate Direct Staff Report The two-building office complex at 760 and 800 Westchester Ave in Rye Brook, NY, last year had absorbed a 13 percent increase in utility expenses, helping offset the 64 percent increase in rental income it...
Commercial Real Estate Direct Staff Report Owners of office properties in Manhattan, continuing to face lackluster tenant demand for space, had increased the amount of tenant-improvement allowances they offer at both trophy and class-A buildings...
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© 2023 Commercial Real Estate Direct All rights reserved..
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