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CMBS Delinquency Rate Dropped to 7.14% in February
The delinquency rate for commercial mortgage-backed securities (CMBS) decreased by 33 points in February to 7.14%, according to a new data report from Trepp Inc. One year ago, the delinquency rate was 6.30%. “The decline came thanks to a net decrease in overall...
CMBS Delinquency Rate Dropped to 7.14% in February
Three of the five major commercial property sectors recorded delinquency rate declines. Continue Reading CMBS Delinquency Rate Dropped to 7.14% in February
Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
A former credit loan officer in Massachusetts was sentenced to 18 months in prison, followed by two years of supervised release, for defrauding his employer out of almost $1 million. According to the charges brought against him, Brian Socha was employed at MassMutual...
Shayne Farley Becomes CEO at Stellar MLS
Stellar MLS, the largest multiple listing service serving Florida and Puerto Rico, announced the official appointment of Shayne Fairley as CEO. Last July, Farley was announced to become the successor to Merri Jo Cowen, who will continue to serve in a strategic...
Amit Sripathi Named CFO at Wyndham Hotels & Resorts
Wyndham Hotels & Resorts Inc. (NYSE: WH) announced the promotion of Amit Sripathi to chief financial officer. Sripathi, who most recently served as the company's chief development officer for North America, succeeds Kurt Albert who has served as interim CFO since...
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News & Current Events
Amazon Acquires Virginia Campus of George Washington University for $427 Million
The deal will allow the university to remain on the property for up to five years as campus-based programs and university offices are relocated. Continue Reading Amazon Acquires Virginia Campus of George Washington University for $427 Million
Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations
Wood pilings can last for centuries underwater, but they begin to decay when exposed to oxygen. Continue Reading Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations
Report: Housing Supply Gap Grew to 4.03 Million Homes in 2025
The South carried the largest cumulative deficit at 1.62 million homes. Continue Reading Report: Housing Supply Gap Grew to 4.03 Million Homes in 2025
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Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
In addition to his prison term, Brian Socha was also ordered to pay $902,541.15 in restitution for bank fraud. Continue Reading Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
Shayne Farley Becomes CEO at Stellar MLS
Last July, Farley was announced to become the successor to Merri Jo Cowen. Continue Reading Shayne Farley Becomes CEO at Stellar MLS
Amit Sripathi Named CFO at Wyndham Hotels & Resorts
Prior to Wyndham, Sripathi was vice president of finance and capital markets at RLJ Lodging Trust. Continue Reading Amit Sripathi Named CFO at Wyndham Hotels & Resorts
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