The delinquency rate for commercial mortgage-backed securities (CMBS) surged by 41 basis points (bps) to 7.55% in March, according to new data from Trepp Inc. One year ago, the CMBS delinquency rate was 6.65%. “The five largest newly delinquent loans accounted for...
Apartment rents inched up slightly in March with the national average rising to $1,723, a 0.2% uptick from February’s upwardly revised level of $1,719. According to Apartments.com, an online marketplace of CoStar Group (NASDAQ: CSGP), February marked the fourth...
Canopy Real Estate Partners, a commercial real estate investment firm, has acquired CJ Townhomes, a newly constructed 36-unit multifamily community in Mesa, Arizona, for $13.39 million. The 61,670-square-foot, fully leased property was built in 2024 and consists of...
A Phil Hall Op-Ed: Last week, the National Association of Home Builders (NAHB) number-crunched data from the American Community Survey and came up with a remarkable result: Roughly half of the nation’s housing stock was built in the 1980s and earlier, with slightly...
Two new data reports tracking January’s housing market found home prices are continuing to rise, albeit at a much slower pace. The S&P Cotality Case-Shiller US National Home Price NSA Index reported a 0.9% annual gain in January, down from a 1.1% rise in the...
NEXA Adds Andrew Deyo and Group Representing About $100 Million in Annual P…
