Atlanta Business Chronicle Fannie Mae has taken through foreclosure The Peach, a 68-unit apartment building in Atlanta’s Midtown area The property, at 1655 Peachtree St NE, had served as collateral for a $2327 million fixed-rate loan that paid...
While agency loans comprise an overwhelming majority of the securitized multifamily loan universe, CMBS loans carry disproportionately higher delinquency rates, shorter remaining terms, and greater refinancing sensitivity...
Commercial Observer G4 Capital Partners has taken title to the 81,000-square-foot mixed-use property at 206 Kent Ave in the Williamsburg section of Brooklyn, NY The New York lender provided $8425 million of financing in 2020 The property’s...
Tampa Bay Business Journal Precedent Asset Management has filed a foreclosure suit against the owner of the Captiva Club, a 361-unit apartment complex in St Petersburg, Fla The local real estate company, which filed its suit in Hillsborough County...
While the overwhelming majority of CMBS shopping mall loans are performing, 59 loans with a balance of $427 billion, or just more than 8% of the total mall balance, are delinquent, according to the TreppCRE...
Commercial Real Estate Direct Staff Report South Plains Mall in Lubbock, Texas, whose $200 million CMBS loan was extended recently by four years through November 2029, has been reappraised at a value of $114 million The 131 million-square-foot...
A total of 41 CMBS loans with a balance of $286 billion were newly transferred to special servicers last month That was among the highest monthly totals of new transfers in more than a year However, the total volume of loans in special servicing...
Rialto Capital Advisors was the most active buyer of CMBS conduit B-pieces during the first quarter, taking down the most subordinate bond classes of three of the period's 10...
A total of 42 domestic, private-label CMBS deals with a balance of $3274 billion were issued during the first quarter, marking the second busiest first quarter since just before the Global Financial...
Commercial Real Estate Direct Staff Report Deutsche Bank has filed a foreclosure suit against the owner of the 500,000-square-foot Kaufman Astoria Studios Campus in Queens, NY The bank provided $340 million of mortgage financing to fund the...
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.
