CB Richard Ellis ranks as top firm for U.S. investment sales activity
CB Richard Ellis Group, ranked as the top firm in U.S. investment sales activity in 2010 for commercial property, according to numbers compiled by Real…
Finance
Investment returns yield moderate gains in 1Q, but fall below 4Q 2010 returns
The real estate investment market recorded moderate returns in the first quarter, according to the National Council of Real Estate Investment Fiduciaries, a non-profit trade…
Grandbridge secures $4.8 million loan for Wisconsin multi-family building
Grandbridge Real Estate Capital recently originated and closed a $4.8 million first mortgage loan secured by Riverwalk Apartments, a 136-unit residential community located on the…
U.S. CMBS Delinquency Rate worsens in March
The U.S. CMBS delinquency rate rose again in March with the percentage of loans 30+ days delinquent, in foreclosure or REO climbing 3 basis points…
BB&T increases lending portfolio capacity to $800M
BB&T Real Estate Funding has increased its portfolio capacity from $400 million to $800 million. This will allow the firm to expand its lending capabilities…
Cohen Financial arranges $11.25M in financing for two apartment properties
Cohen Financial has arranged a total of $11.25 million refinancing for two apartment properties located in the Lincoln Park neighborhood of Chicago.
Harrison Street closes third fund; raises $595M
Harrison Street Real Estate Capital LLC (“HSRE") has completed the final closing of its third real estate private equity fund, Harrison Street Real Estate Partners…
CMBS Delinquency rate retreats from April’s record high
The U.S. CMBS delinquency rate fell slightly in May with the percentage of loans 30+ days delinquent, in foreclosure or REO declining 5 basis points…
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.
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…