Simon Property Group, which owns 178 mall and outlet properties, was quite busy last year addressing debt maturities, completing $9 billion of deals, including $7 billion of mortgage refinancings and...
Commercial Real Estate Direct Staff Report Fannie Mae funded $261 billion of multifamily loans during the final quarter of 2025, bringing full-year volume to $74 billion The annual volume is a 34% increase from 2024, when the housing-finance agency...
Morningstar DBRS has sharply downgraded the two most senior classes of the CMBS deal that holds a $16142 million mortgage against nine office properties with 139 million square feet owned by a Brookfield Asset Management-sponsored fund It downgraded...
Hull Property Group has acquired the Dayton Mall in Dayton, Ohio, for $37 million, resolving a long-troubled CMBS loan that had a $2078 million balance at the time of the retail property's purchase The transaction resulted in an $115 million loss to...
National monthly multifamily rents averaged $2,204/unit last year, growing by just 02% from the previous year, according to CBRE It marked the third straight year of muted rent growth, following the 2021 and 2022 rent...
Commercial Real Estate Direct Staff Report The continued weak performance of 521 Fifth Ave in Midtown Manhattan has prompted S&P Global Ratings to downgrade three bond classes of COMM, 2019-521F, the CMBS deal that holds the 494,527-square-foot...
A total of $536 billion of CMBS loans were newly classified as being more than 30 days late with their payments last month That more than offset the reclassification of another $264 billion of previously delinquent loans to performing and the payoff...
Commercial Real Estate Direct Staff Report Leasing activity in the Houston office market slowed last quarter to 17 million square feet from 19 million sf in the third quarter, according to Cushman & Wakefield For all of last year, 797 million sf...
The $725 million CMBS loan against the 1,024-room Hilton Parc 55 and 1,919-room Hilton San Francisco Union Square hotels was split into two pieces and had its term extended through November...
Dallas Morning News The proposed sale of Harwood Center in downtown Dallas never came to fruition, as the CMBS trusts that hold the property’s $7883 million of distressed debt opted not to sell it COMM 2014-CR20, which holds a $5245 million...
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.
