Morningstar: CMBS Payoff Rate Jumps

The final year of the three-year commercial mortgage-backed securities ‘maturity wave’ of loans disbursed between 2005 and 2007 started out strongly, reported Morningstar Credit Ratings LLC, Chicago.

CRI Society Awards 13 CRI Designations at MBA CREF

SAN DIEGO–The Chartered Realty Investor Society awarded CRI® designations to 13 real estate professionals last week following their completion of one or both of the CRI® exams, which are administered by the Mortgage Bankers Association.

Commercial/Multifamily Briefs

Partners Capital, Los Angeles, established a joint venture with a $700 million western U.S.-based investment management firm to launch Archway Fund, a private bridge lender.