The delinquency rate for commercial mortgage-backed securities (CMBS) tumbled by 20 basis points in June to 7.35%, according to new data from Trepp LLC. One year ago, the overall CMBS delinquency rate was 7.13% Trepp attributed the drop to the lodging sector, which...
A Long Island man was charged with grand larceny and scheme to defraud in a series of real estate investment scams that siphoned $100,000 from multiple victims. According to combined media reports, Arnulfo Castillo – who is also known as Alexander Castilllo Carias...
President Trump has declared Federal Housing Finance Agency (FHFA) Director Bill Pulte will serve as Acting Director of National Intelligence (DNI) for “a month or two months or something” with the ability to “declassify almost everything.” Politico reports Trump...
Mortgage application activity inched up slightly for the week ending June 26, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, recorded a very mild 0.04% uptick on a...
NAIOP, the trade association for commercial real estate developers, owners, investors and related professionals, has rebranded as the Commercial Real Estate Development Association (CREDA). The organization was founded in 1967 and now represents more than 21,000...
The Kroger Co. (NYSE: KR) has announced its $1.65 billion acquisition of Giant Eagle Inc., a food and pharmacy retailer with approximately $9 billion in annual sales and 197 supermarkets and 11 standalone pharmacies across northern Ohio, western Pennsylvania, West...
Q2 Texas Home Prices Held Steady
