The commercial mortgage-backed securities (CMBS) delinquency rate rose by 5 basis points in June to 7.13%, according to new data from Trepp Inc. The overall delinquent balance was $42.3 billion this month, down from $42.6 billion in May, while the outstanding balance...
The Securities and Exchange Commission (SEC) has charged Robynne Alexander, a real estate developer based in Manchester, New Hampshire, with defrauding investors through schemes that resulted in at least $3 million in losses. According to the SEC’s complaint,...
Walker & Dunlop Inc. (NYSE: WD), the Bethesda, Maryland-headquartered commercial real estate finance and advisory services firm, has secured $170 million to refinance Post District, a mixed-use complex located in Downtown Salt Lake City. Post District opened in...
Cryptocurrency permeates housing policy, HUD muscles its way into a new headquarters, and Cincinnati will not have a new football stadium. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 23-27. Hit: The Future is Here....
The government-sponsored enterprises Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) announced the launch of US Financial Technology LLC (US Fin Tech) as the successor to their joint venture Common Securitization Solutions (CSS). CSS was established in 2014 to...
A fund managed by the real estate investment firm Kennedy Wilson (NYSE: KW) announced a pair of acquisitions – one for Tides on Commerce, a 336-unit apartment community in North Las Vegas, Nevada, and the other for Finisterra, a 356-unit apartment community in Tempe,...
