CRE

Wells Fargo & Co. said first-quarter profit fell 5.9% as the firm set aside more money for soured energy loans and expenses increased.

The world knows JPMorgan's quarterly profits fell and that it flunked the living wills test. But underneath all that were solid first-quarter results in its core lending businesses that bode well for other banks at the start of earnings season.

Commercial and multifamily originators closed $504 billion in loans last year, according to the Mortgage Bankers Association.

Credit market turmoil continued to take a toll on commercial property prices in February, when Moody's/RCA Commercial Property Price Indices national all-property composite index declined for a second consecutive month.

Defaults on commercial mortgage-backed securities declined for the fifth straight year in 2015, according to Fitch Ratings.

Royal Financial in Chicago has agreed to sell $26 million of distressed assets associated with its pending purchase of Park Bancorp in Chicago.

Lenders are getting stingier when it comes to funding risky U.S. real estate developments, putting pressure on landlords in need of fresh funding to keep their projects afloat.

Total commercial and multifamily mortgage debt outstanding increased in the fourth quarter of 2015, according to the Mortgage Bankers Association.

Single-family housing construction is set to top multifamily start for first time since the financial crisis.

Ten-X will unveil Ten-X Homes and Ten-X Commercial at the annual SXSW Interactive Festival in Austin, Texas, on Friday.

U.S. commercial real estate prices dropped in January for the first time since 2010, a sign of weakening demand by investors after a six-year rally that pushed values to records.

Market volatility and new regulatory burdens are thinning the ranks of commercial mortgage lenders that underwrite loans for securitizations. Activity is slowing down as a result, and it is unclear if banks and insurers will fill the void, especially outside the largest cities.

Commercial and multifamily mortgage delinquency rates dropped in the fourth quarter, according to the Mortgage Bankers Association.

The delinquency rate on commercial mortgage-backed securities continued to fall significantly for the month of February, according to Trepp.

Prices of loans underlying commercial mortgage-backed securities were on the rise in January, according to DebtX.

Markets in the Sun Belt and California are expected to have the best conditions for the sale of multifamily properties this year, according to Ten-X.

There is concern that a decline in condo pricing could create loan problems similar to those that cropped up before the financial crisis. Bankers in the area, however, believe foreign investors would take the biggest hit.

American International Group is expanding bets on property lending and safe fixed-income securities after hedge funds investments soured.

Atlantic City, N.J., has the fifth worst vacancy rate in the U.S, according to RealtyTrac.

Strong demand for rentals will keep pace with new construction over the next few years, the government-sponsored enterprise says.