CoreLogic: Delinquency, Foreclosure Rates Low in February
CoreLogic, Irvine, Calif., reported the overall mortgage delinquency rate was at 2.8% in February, down from 3% in February 2023.
CMBS Delinquency Rate Increases Moderately
The delinquency rate among KBRA-rated U.S. commercial mortgage-backed securities increased moderately in April to 4.67%, according to KBRA, New York.
Dealmaker: Berkadia Secures $52M in Construction Financing for South Carolina Multifamily Property
Berkadia, New York, secured $52 million in construction financing for The ONE at Columbia, a three-story multifamily property in Columbia, S.C.