The weighted average occupancy rate of apartment properties that back both private-label and Freddie Mac loans securitized in 2021 largely have fallen short of underwritten...
Since the start of the year, REITs have generated a 149% total return to investors, according to NAREIT, beating the Russell 1000 stock index by 46 percentage points That's a reversal from last year, when the index's 174% return beat REIT returns by...
On Tuesday, the June Consumer Price Index showed that inflation cooled more than expected, with the annual rate falling to 35% from 42% in May Later that morning, Federal Reserve Chair Kevin Warsh welcomed the encouraging data but stressed that...
Greystone Real Estate Capital, which only last year raised its first low-income housing tax credit fund, has raised its second such vehicle, the $137 million Greystone Affordable Housing Fund II LP The tax-credit syndicator, was formed just two...
Commercial Real Estate Direct Staff Report Owners of 36% of the apartment units in Austin, Texas, are offering concessions to lure tenants to their properties And those conessions amounted to 155% of annualized unit rent in May, according to...
JPMorgan Chase Bank has provided a $160 million credit facility for Safely Store Self Storage, which is backed by Caisse de depot et placement du Quebec, or simply La Caisse The facility, arranged by JLL Capital Markets, is comprised of a $60...
The weighted average capitalization rate for net-leased properties edged higher in the second quarter, reversing the previous period's first decline in 15 consecutive quarters, according to the Boulder...
A significant slug of securitized mortgages backed by hotels in the Austin, Texas, metropolitan statistical area could face refinancing challenges, as 39 loans with a total balance of $68558 million have debt yields less than 9%, according to data...
The Southern region of the country saw 53,000 apartment-unit starts in the first quarter of this year, accounting for more than half of the 103,000 units that broke ground nationally, according to the US Census...
About 250 years after the original 13 colonies declared their independence from England, their commercial real estate markets are facing a very different battle: CMBS office...
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.
