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...
Madison Realty Capital and Naftali Credit Partners have provided $125 million of financing for the construction of a 241-unit residential condominium property at 70-28 Grand Central Parkway in the Forest Hills section of Queens, NY Madison provided...
Commercial Real Estate Direct Staff Report Rialto Capital Advisors has changed the terms of a modification of the $130 million CMBS loan against the 78,287 square feet of retail space at the base of the 350-room Renaissance by Marriott hotel at 215...
Dallas Morning News AT&T has announced plans to move its global headquarters to Plano, Texas, from downtown Dallas The telecom giant has selected a 54-acre development site at 5400 Legacy Drive, where it will raze existing buildings to make way...
South Florida Business Journal Okan Group has lined up $200 million of commercial property assessed clean energy, or C-PACE, financing for its Okan Tower residential condominium project in downtown Miami Bayview Commercial Mortgage Finance of Coral...
REBusiness Online A venture of PGIM and Dakota Pacific Real Estate is breaking ground soon on a 450,000-square-foot industrial property at California Avenue and 4400 West in Salt Lake City JPMorgan provided construction financing, terms of which...
Commercial Observer Santander Bank has provided $88 million of financing for the development of the 120-unit Benedict Court apartment property in Greenwich, Conn Cushman & Wakefield arranged the financing The property is being developed at 7-23...
Commercial Real Estate Direct Staff Report The $260 million CMBS loan against the 5 Penn Plaza office building in midtown Manhattan has been extended by two years through January 2028 The loan, which initially matured this month, transferred to...
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...
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.
