Category: Top National News

National Mortgage News, Sept. 17, 2018–Brad Finkelstein (subscription)Commercial mortgage-backed securities delinquency rates are likely to continue to decrease for the rest of the year, as new issuances outpace maturing loans and precrisis loans continued to get resolved by special servicers, Fitch Ratings said.

Bloomberg, Sept. 7, 2018–Patrick Clark, Gillian TanHighland Capital Management LP, the asset manager founded by Jim Dondero and Mark Okada, is under contract to buy a portfolio of single-family rental homes managed by VineBrook Partners LLC for more than $300 million, according to people with knowledge of the deal.

Bloomberg, Sept. 7, 2018–Prashant GopalRenters are gaining the upper hand in urban centers across the U.S. as new amenity-rich apartment buildings constructed in response to big rent gains in previous years are forced to fight for customers.

National Mortgage Professional, Sept. 5, 2018–Phil HallA coalition of housing, mortgage financial services trade organizations issued a public letter to the Trump Administration and congressional leaders asking that reform efforts involving the government-sponsored enterprises be given a new degree of priority.

Wall Street Journal, Sept. 11, 2018–Esther Fung (subscription)These municipalities, concerned that vacated retail centers will blight the landscape and drag down surrounding property values, have been buying up malls they fear are being starved of capital by the private sector.

HousingWire, Sept. 11, 2018–Ben LaneThe acquisition of LeaseLabs is just the latest for RealPage, a provider of software and data analytics to the real estate industry. This is RealPage’s sixth since January 2017 and pushes the company’s total outlay for its recent expansion past $1 billion.

Wall Street Journal, Sept. 11, 2018–Peter Grant (subscription)Nearly 20 percent of One World Trade Center remains empty four years after it opened.

Mortgage Daily, Aug. 30, 2018The Mortgage Bankers Association presented the rankings as part of its Commercial/Multifamily Real Estate Mortgage Servicer Rankings Mid-Year 2018.

HousingWire, Aug. 30, 2018–Ben LaneReis currently provides analysis and forecasts for 275 metropolitan markets and 7,700 submarkets in multifamily, affordable housing, office, retail, student housing and senior housing.

Bloomberg, Sept. 4, 2018–Noah Buhayar, Sarah FrierSince Facebook Inc. arrived in Menlo Park, California, seven years ago, the town has been overrun by construction cranes, orange safety cones and truckloads of building materials to transform a former industrial area into a sprawling campus that can support a $500 billion tech giant.