A quartet of proactive federal agencies, a mayor who took criticism the wrong way and a tree-hating neighbor from hell. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Hit: Thank You for Being a Friend. Most federal...
The commercial mortgage-backed securities (CMBS) delinquency rate rose 28 basis points to 3.90% in June, according to new data from Trepp Inc. This new increase follows last month’s uptick in delinquencies to its highest rate in 14 months. The overall CMBS delinquency...
Historic New England, an independent preservation organization, has announced it will pursue a transformational redevelopment initiative in Haverhill, Massachusetts. The initiative will encompass more than three acres of historic buildings and vacant property in the...
The four federal banking regulators have called on the nation’s financial institutions to “work prudently and constructively” with credit-worthy clients that are dealing with pressure related to the commercial real estate market. The statement from the Federal...
If you’re looking to lease office space in San Francisco, you have an excessive quantity of choices at your disposal. New data from the commercial real estate brokerage CBRE (NYSE:CBRE) determined 31.8% of San Francisco’s office properties were vacant during the...
The Federal Housing Administration (FHA) published a Mortgagee Letter that increases the threshold at which a multifamily loan is considered a large loan from $75 million to $120 million. This marked the first increase in the multifamily loan threshold since 2014. The...
