Trepp, New York, reported its CMBS Special Servicing Rate climbed 49 basis points to 6.11% in May, marking its fourth sequential monthly increase.
Category: News and Trends
Dealmaker: Madison Realty Capital Originates $262M Construction Loan for Miami Condos
Madison Realty Capital, New York, originated a $262 million construction loan to developers PMG and E11EVEN Partners for E11EVEN Residences Beyond, a luxury development in Miami.
Fitch Lowers REIT Sector Outlook Amid Tighter Lending
Fitch Ratings, New York, lowered its U.S. real estate investment trust sector outlook to Deteriorating from Neutral.
Newmark: Industrial Sector Shows Solid Outlook, but Headwinds Persist
Newmark, New York, found the industrial market had some challenges in the first quarter, but the sector remains on a long-term growth trajectory.
CREF Policy Update: June 15, 2023
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Commercial/Multifamily Briefs, June 15, 2023
Briefs from HUD, Boxwood Means, Fannie Mae and Enterprise Community Partners.
Commercial/Multifamily People in the News June 15, 2023
Personnel news from Bellwether Enterprise Real Estate Capital, CBRE and CapStar Advisors.
Small-Cap Office Buildings Buck Concerns in Q1
Conventional thinking says the office market is in crisis, but Boxwood Means, Stamford, Conn., found small-cap office properties aren’t seeing the same trends.
Commercial Real Estate Reset? A Special Servicing Roundtable
As property sale transactions and originations stall, MBA NewsLink interviewed two special servicing executives and a CMBS researcher to get their insights on the commercial real estate finance landscape and outlook.
MBA Launches Upgraded CONVERGENCE Site
The Mortgage Bankers Association announced a revamped version of the CONVERGENCE section of its website, aiming to benefit its members and a broader audience.