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Rialto Capital Advisors was the top buyer of CMBS conduit B-pieces during the first quarter, with the acquisition of the most-subordinate classes of two deals totaling $1.57 billion. Prima Capital was the most-active retainer of risk during the quarter, taking ...
Commercial Real Estate Direct Staff Report Just more than 4 million square feet of office space was leased in Manhattan during the first quarter, according to JLL. That's 22 percent less volume that was leased during the same period a ...
The private-label CMBS market was on fire during the first quarter, at least when compared with the same period a year ago. A total of 23 conduit and single-borrower transactions with a total balance of $17.85 billion priced during the ...
The volume of CMBS loans that are more than 30 days late with their payments declined by $310 million last month, to $27.66 billion, according to Trepp Inc. The delinquency percentage rate dropped to 4.68 percent from 4.7 percent. Delinquencies ...
A total of 705 commercial properties have been taken through foreclosure this year through February, according to ATTOM. That's up from 655 foreclosures during the same period last year. The company had recorded 4,968 foreclosures last year, up 46 percent ...
Commercial Real Estate Direct Staff Report About 24,000 apartment units will be delivered this year in New York City, according to a projection by Marcus & Millichap. That would top last year's 20,800-unit total by 15.4 percent. Those annual volumes ...
Commercial property prices declined last year by 5.3 percent, according to the Trepp Property Price Index. Prices had dropped by 0.82 percent from the third quarter and are now 7 percent lower than they were at their peak, during the ...
Commercial Real Estate Direct Staff Report Only 27.6 million square feet of office space was leased in Manhattan last year, the lowest volume of leasing since 2020, when only 19.4 million sf was leased, according to Avison Young. Last year's ...
The amount of office space in Cleveland totaled 90.8 million square feet in the fourth quarter of last year, according to Cushman & Wakefield. That's down from 157.4 million sf at the start of 2023. The removal of so-called "zombie" ...
The average rent for multifamily units nationwide is expected to increase by 1.8 percent this year, to about $1,741/unit, according to Yardi Matrix. That's been revised upward from the market-research company's original projection of a 0.8 percent rental rate increase ...
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© 2023 Commercial Real Estate Direct All rights reserved..