Commercial Real Estate Direct Staff Report Concerns of an oversupply of multifamily units and the impact it might have on property fundamentals have pushed the major apartment REITs to pull back on development in 2026 That’s according to...
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...
Commercial Real Estate Direct Staff Report Aurora Capital Associates has paid $54 million, or $675/sf, for the 80,032-square-foot Scribner Building and its neighboring Redfern Building in Midtown Manhattan The Cayre family office, which is led by...
Commercial Real Estate Direct Staff Report The weighted average capitalization rate for net-leased properties has declined for the first time in 15 consecutive quarters, according to the Boulder Group The overall cap rate for properties offered for...
The Manhattan office market showed continued signs of recovery in the first quarter, with leasing activity stabilizing and availability declining as tenants increasingly expanded their space...
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...
Prices for Midwest apartment properties that were sold in last year's third quarter increased by 33% from the previous year, according to Northmarq The median sales price of a unit was $186,400 last year, up from $140,000 in 2024...
Commercial Real Estate Direct Staff Report Morningstar DBRS estimates that the three Club Quarters hotels in Chicago, San Francisco, and Philadelphia that back a $2407 million mortgage securitized through BX Trust, 2017-CQHP, would recover only...
The volume of CMBS loans that are more than 30 days late with their payments spiked in March by $308 billion, to $4583 billion, marking the largest one-month increase in delinquency volume since May 2023, when volumes increased by $326 billion...
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.
