The volume of commercial mortgage-backed securities (CMBS) loans that are classified as delinquent spiked by 49.4% to $27.91 billion during the 10 months of this year, according to data from Trepp Inc. This volume represents 5.07% of the $601.98 billion universe...
JLL (NYSE:JLL) appointed Michael Colacino as president of its tri-state brokerage. Colacino will be based in Manhattan and report to Peter Riguardi, JLL’s chairman and president of the New York Region. He will also work in partnership with Stephen Schlegel, chief...
Janover Inc. (NASDAQ: JNVR), an AI-enabled B2B fintech marketplace connecting commercial property borrowers and lenders, has acquired Groundbreaker Technologies Inc., a Software-as-a-Service (SaaS) platform for commercial property professionals to raise equity capital...
StorageMart, a Columbia, Missouri-based leader in the self-storage sector, has expanded into Idaho with the acquisition of Hanley Storage in Coeur d’Alene. The acquisition adds 53,920 total net rentable square feet, incorporating 218 storage units, to the...
A new office building in Chicago, good news on FHA’s MMI Fund and Nevada teachers fighting against public funding of a baseball stadium. From the wild and wooly world of real estate, here are the hits and misses for the real estate week of Nov. 13-17. Hit: A New...
CBRE Group, Inc. (NYSE:CBRE) announced that its board of directors has appointed CEO Robert Sulentic to the additional role of chairman of the board, effective immediately. Sulentic has served as president and CEO of CBRE since December 2012. He succeeds Brandon Boze,...
Hits and Misses for the Real Estate Week of June 22-26
