CRE

The price of the loans underlying commercial mortgage-backed securities declined 210 basis points during 2015, amid a broad rise in interest rates, according to DebtX.

Hotel property owners will discover that interest rates have climbed, if they try to refinance loans this year, Fitch Ratings said.

A number of bankers used quarterly earnings calls to assure investors that they are carefully monitoring their exposure to commercial real estate at a time when regulators are expressed concern about eroding underwriting standards.

The House approved a bill 427-0 that would revamp the Federal Housing Administration’s condominium loan program and expedite the approval process for Rural Housing Service guaranteed loans.

The delinquency rate on commercial mortgage-backed securities dropped sharply in January, thanks to the resolution of New York's Stuyvesant Town loan, according to Trepp.

Loan originations for commercial and multifamily properties climbed in the fourth quarter compared to last year, the Mortgage Bankers Association said.

New-home construction in the U.S. unexpectedly fell in December, indicating the industry lost some momentum entering 2016.

Interstate Hotels & Resorts in Arlington, Va., has formed a partnership with Hospitality Funding to provide financing for hotel development projects.

Life insurance companies posted a higher return on their private commercial mortgage investments in the third quarter of 2015, compared to the second quarter, according to LifeComps.

The availability of debt and equity financing declined during the most recent quarter, according to the National Multifamily Housing Council.

Midtown Manhattan, once the pinnacle of U.S. office markets, is facing a jump in large, empty work spaces as new towers open and tenants spread out across the city, including outer boroughs that businesses once shunned.

Auction.com has rebranded at the corporate level to Ten-X, as the company begins to grow other segments beyond its auction-based platform.

The commercial mortgage-backed securities delinquency rate finished 2015 at a six-year low, according to Fitch Ratings.

CrediFi, a New York-based provider of commercial property data, is launching CMBS Suite, which it said is an information resource for lenders looking to refinance securitized commercial mortgages.

But the strong demand for tax credits from those projects is also whittling down the investment returns as their riskiness declines, according to a new report by the New York-based accounting firm CohnReznick.

A recent tax change will provide more stability to banks and developers that use the low-income housing tax credit program, and the supply of below-market-rate apartments should increase as a result. But it's not enough to create the economic incentives needed to meet skyrocketing demand for affordable housing in the U.S.

The Federal Reserve's interest rate increase has commercial real estate debt and equity financing players even more upbeat about their prospects in 2016.

Owens Realty Mortgage has promoted its chief financial officer, Bryan Draper, to chief executive and president.

The delinquency rate on commercial mortgage-backed securities rose slightly in December, according to Trepp.

Most foreign investors expect to put more money into U.S. property this year than they did in 2015, with New York remaining the top target market worldwide, according to a survey by the Association of Foreign Investors in Real Estate.