CMBS delinquency falls for second straight month
For the first time since the credit crisis began in 2008, the CMBS delinquency rate has fallen for two consecutive months, reports Trepp.
Finance
Steadfast Income REIT closes $10 million multi-family acquisition in Louisville
Steadfast Income REIT, Inc. recently closed the $10.42 million acquisition of Cooper Creek Village Apartments & Townhomes, a 123-unit complex in Louisville, marking the REIT's…
CMBS delinquency hits all-time high
In July, the delinquency rate for U.S. commercial real estate loans in CMBS shot up 51 basis points to 9.88 percent. This is the highest…
Walker & Dunlop announces co-heads of FHA Finance division
Walker & Dunlop has announced that Michelle M. Warner and Edward Q. Williams have been named co-heads of the Company's FHA Finance division and will…
Behind the Apparent Commercial Real Estate Recovery: A Look at Chicago’s Middle Market
By most measures, the national commercial real estate market is well into its recovery phase. And Chicago, the nation's third largest metropolitan market, is following…
Good week: Towle Financial services closes more than $32 million in loans
Talk about a good week: Minneapolis-based Towle Financial Services closed $32.6 million in permanent loans in 12 separate transactions all in the week of Aug.…
Grandbridge hires industry veteran as new executive vice president
Matthew Rocco has been named executive vice president and national loan production manager with Grandbridge Real Estate Capital. Rocco will work with his predecessor, John…
Core properties continue to perform as third quarter National Property Index remain positive
The National Council of Real Estate Investment Fiduciaries has reported that its National Property Index recorded its seventh consecutive quarter of positive total return in…
Aries Capital secures $45.3M loan for 105 W. Adams
Aries Capital has secured a $45.3 million first mortgage loan for the Clark Adams Building located at 105 W. Adams in Chicago's Central Business District.…
Industry veterans launch new commercial lender
Backed by two partners who have closed more than $2 billion in loans combined during their careers, Silver Arch Capital Partners has been launched as…