The delinquency rate for commercial mortgage-backed securities (CMBS) inched up by one basis point in August to reach a level of 5.44%, according to new data from Trepp Inc. But unlike in many previous months when the office sector was responsible for driving up the...
The owners of an Oregon-based real estate investment company have been charged with defrauding individual investors and commercial lenders out of more than $18 million. According to the indictment, Robert D. Christensen and Anthony M. Matic are accused of conducting a...
Aphorio Carter Critical Infrastructure Fund LLC, a 506(c) private placement offering focused on critical infrastructure and data center investments, has acquired the Centennial Data Center in Centennial, Colorado for approximately $7.3 million. Located in the Denver...
Hamilton Zanze, a San Francisco-based multifamily real estate investment firm, has sponsored the purchase of The Morris, a 19-story, 344-unit Class A apartment community in Nashville. The acquisition closed on Aug. 16 and the financial terms of the transaction were...
JVM Realty, a Chicago-headquartered multifamily real estate investment and property management firm, has hired Adam Short as the company’s chief investment officer. In his new position, Short will be responsible for managing all aspects related to JVM’s capital needs...
The global asset manager BlackRock (NYSE: BLK) has signed a memorandum of understanding with the Saudi Real Estate Refinance Company (SRC), a company within the Saudi government-owned Public Investment Fund, to further develop the kingdom’s real estate finance market....
