Commercial Real Estate Direct Staff Report National office rents were up 95% during the 12 months through June, according to the Columbia CompStak Rent Index, a recently launched index that tracks net-effective rents at similar-quality properties...
The volume of CMBS loans in special servicing last month was just about unchanged from June at $668 billion But as the universe of CMBS grew by more than 1%, the special servicing rate actually declined, to 1109% in July from 112% the preceding...
Artificial intelligence companies were seeking 1682 million square feet of office space across the country during the 12 months through May, according to leasing software company VTS That demand volume is 85% greater than a year...
CMBS lenders appear to be easing their underwriting standards when it comes to leverage levels for office loans that have been securitized through conduit deals...
Foreign investors pursuing permanent residency in the United States through the EB-5 visa program have until September 30 to take advantage of existing minimum investment...
The percentage of CMBS conduit loans that paid off at their maturities last month increased to 7205% from 637% in June, according to Trepp Inc, marking the highest on-time payoff rate in four...
The major apartment-owning REITs during the second quarter more than doubled their investment activity when compared with the first, thanks in part to a rebound in their share prices Still, investment volume remained well below the $148 billion of...
The nation's largest apartment REITs, which own 493,639 units, are falling behind the broader market in terms of rent growth But the rents they're generating remain at levels higher than the national average...
An unusually large volume of new delinquencies in the CMBS universe last month resulted in an 801% increase in loans that are more than 30 days late to $475 billion That amounts to 786% of the $60442 billion universe tracked by Trepp...
CMBS loans against enclosed shopping malls that were written in 2016 or before then have a 963% delinquency rate, while those written in 2017 and later have nearly zero...
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.
