The delinquency rate among KBRA-rated U.S. commercial mortgage-backed securities (CMBS) during August reached 4.16%. August’s delinquency rate was a 23 basis point increase from July, which followed a 34 basis point spike from June. However, the total delinquent and...
Toronto-based Inovalis Real Estate Investment Trust (OTCMKTS: IVREF; TSX: INO.UN) announced the appointment of Stéphane Amine as president and CEO. Amine is the founder of Inovalis SA, that French Alternative Investment fund that is the manager of the REIT. He...
RE/MAX Holdings (NYSE:RMAX) has entered into a new partnership with the CCIM Institute, a provider of commercial real estate education. Under this partnership, RE/MAX affiliates can now access educational resources at discounted rates through RE/MAX University and the...
CAF Capital Partners, a Dallas-based private equity real estate firm, has hired Jason Geer as senior vice president of acquisitions. In his new job, Geer will center on driving the company’s expansion efforts in the Southeastern region. His focus will be directed...
The law firm Seward & Kissel LLP announced Sean Thorsen has joined its New York City office as a counsel in the real estate group. Throughout his 15-year career, Thorsen has advised financial institutions, private lenders, and borrowers on commercial real estate...
A historic Rhode Island that was damaged in a fire over the weekend will need to be demolished. According to a WPRI.com report, The Harborside Inn caught fire on Friday night. The hotel is on Block Island, a resort off the Rhode Island coastline, and the scope of the...
FHFA’s Pulte to Relinquish Intelligence Chief Role on Aug. 3
