CRE

Delinquencies in U.S. commercial mortgage-backed securities jumped in April, with the economy battered by the coronavirus pandemic.

Mounting economic fallout from the pandemic is fueling apartment landlords' concerns that more tenants will struggle to make their rent payments, even after most managed to come up with the money for April.

Commercial real estate market participants could be missing the stresses that are wearing down the foundations of growth in the small-cap segment.

First American Financial, a title insurance underwriter and settlement services provider, is acquiring mortgage document firm Docutech for $350 million in cash.

Simon Property Group agreed to buy rival shopping-mall operator Taubman Centers for about $3.6 billion, a combination that comes as e-commerce continues to roil brick-and-mortar retail.

Galvanized by the Moms 4 Housing standoff that drew national attention to the region's affordability crisis, Oakland officials may soon overhaul the way homes are bought and sold and other Bay Area cities are considering similar measures.

Negotiations went to the brink of a foreclosure trial for a Bradenton, Fla., mall, before a settlement was reached between the owners and the lender.

A bankruptcy court judge denied a lender's motion to foreclose on properties controlled by an Austin real estate investor. But the judge then issued a warning, saying an exit plan better be ready by Feb. 2.

A lender that provided more than $388 million to finance one of Plano's biggest real estate developments has filed to foreclose on the project.

The delinquency rate for commercial mortgage-backed securities ended 2019 at its lowest point in nearly 11 years, aided by increased issuance and the resolution of legacy transactions, Fitch Ratings said.

Bolstered by a high demand by both lenders and borrowers, 2020's commercial and multifamily loan volume is anticipated to shoot well past last year's record total but adapting to the LIBOR and CECL shifts will provide challenges, according to the Mortgage Bankers Association.

If Amazon.com's botched expansion in New York City offers a cautionary tale, Google is showing there's another way.

The developer of three adjacent lots said one of the reasons for the sale was her time was up with her mortgage holders.

The owners of the former 3M corporate campus filed under Chapter 11 of the Bankruptcy Code, which cancelled a scheduled foreclosure auction of the Austin property.

Goldman Sachs is sponsoring a $1.33 billion bond offering backed by commercial mortgages, in the first rated conduit deal of the year.

A Charlotte, N.C., developer detailed plans to build apartments and commercial space through a federal tax program that has faced scrutiny in recent months.

Freedom Credit Union has listed for sale the three downtown Springfield, Mass., office buildings it took back in November in a mortgage foreclosure.

Susan Riel succeeded Ronald Paul as CEO of the Maryland bank shortly before questions surfaced about credit quality and lending practices.

The board- and management-level handing of CRE concentration was the chief concern of FDIC examiners, making up more than 56% of all the supervisory recommendations regulators made in the two-year period.

General Motors is providing $40 million in seller financing to the purchaser of its Lordstown, Ohio assembly plant.