Just more than 10 million square feet of office space was leased in Manhattan during the third quarter, bringing the total for the year through September to 3286 million sf, according to Colliers...
Commercial Real Estate Direct Staff Report Kroll Bond Rating Agency has further lowered its rating on the most senior bond class of Morgan Stanley Capital I Inc, 2019-NUGS The $2771 million transaction is backed by part of a $3277 million financing...
Commercial Real Estate Direct Staff Report Despite two years of elevated rates, most lender types posted modest growth in outstanding balances during the second quarter Banks expanded at a steady pace, but the government-sponsored enterprises (GSEs)...
Commercial Real Estate Direct Staff Report A total of $224 billion in securitized seniors-housing debt is scheduled to reach hard maturity between next month and December 2027 A hard maturity represents a loan with no remaining contractual extension...
The third-quarter national office vacancy rate remained flat from the second quarter, at 198%, but is 30 basis points lower than it was a year earlier, according to Cushman &...
CMBS lenders appear to have remained relatively conservative in their lending practices so far this year One large multifamily loan skewed the data in a positive way...
CMBS special servicers worked out, or otherwise resolved, 47 loans with a balance of $199 billion in September That, however, wasn't enough to offset the volume of loans that transferred to special servicing during the month...
Commercial Real Estate Direct Staff Report The $7399 million CMBS loan against the Fashion Outlets of Niagara Falls has once again transferred to special servicer Midland Loan Services as it has matured and remains outstanding The loan, the last...
KPMG is in talks to lease about 250,000 square feet at the 13 million-sf office building at 300 North LaSalle St in Chicago The accounting firm would relocate from Aon Center, where it occupies about 236,000 sf under a lease that expires in 2029 The...
The Denver metropolitan statistical area is the 14th largest apartment market in the country by number of units But it's among the most distressed, at least when measured by the percentage of securitized loans that are on servicer watchlists...
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.
