KBRA, New York, entered a deal with private equity firm Parthenon Capital Partners, Boston, which will acquire a majority stake in the company.
Category: News and Trends
CMBS Delinquency, Special Servicing Rates Fall
Trepp, New York, reported both the commercial mortgage-backed securities delinquency rate and special servicing rate dropped in November.
CBRE: Commercial Real Estate Growth, Investment Will Likely Grow
Next year could set a record for commercial real estate investment amid economic and real estate recoveries, major fiscal stimulus projects and a rebound of big cities and downtowns, reported CBRE, Dallas.
Office-to-Industrial Conversions Increase
As the industrial market soars and the office market remains soft, more developers are converting office product into industrial properties, reported Newmark, New York.
Dealmaker: Colliers Closes $30M in Property Sales
Colliers, Toronto, closed two Seattle property sales totaling $30.2 million.
Five Commercial Mortgage Servicing Issues to Watch in 2022
While the entire country readjusts to the routines of yesteryear, loan servicing and asset management professionals will have an interesting set of dynamics impacting their organizations in the new year. The second half of 2021 is perhaps best described as a welcome shift back to growing pains.
CREF Policy Update Dec. 16, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Personnel News from Grandbridge Real Estate Capital, JLL
Grandbridge Real Estate Capital LLC hired Randy Engel as Senior Vice President and Office Manager for the firm’s new Memphis production office.
Quote
“COVID-19 flareups still pose a risk, but governments and health authorities appear to have made progress in containment and treatment. We see this rising tide further buoying the capital markets, multifamily and industrial & logistics sector and aiding the burgeoning recoveries of the retail and office sectors.”
–Richard Barkham, CBRE Global Chief Economist and Head of Americas Research
CREF Returns to San Diego, Feb. 13-16
The Mortgage Bankers Association’s Commercial Real Estate Finance/Multifamily Housing Convention & Expo takes place Feb. 13-16 at the Manchester Grand Hyatt in San Diego.