Federal Reserve: Economy Expands, CRE Remains Strong

U.S. economic activity expanded modestly to moderately between mid-January and late March while commercial real estate activity remained strong, the Federal Reserve reported.

Trepp: CMBS Delinquency Rate Up Again

Commercial mortgage-backed securities delinquency rates increased again in March as another wave of loans turned newly delinquent, reported Trepp, New York.

Commercial/Multifamily Briefs

Colliers International Group acquired WelshCo LLC, Minnetonka, Minn., and its brokerage, property management, facilities and architecture divisions.