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Tri Pointe Homes Opens First Community in Utah

Tri Pointe Homes Opens First Community in Utah

Tri Pointe Homes Inc. (NYSE: TPH) has opened its first Utah community with Polaris at Terraine in West Jordan. The new community will begin sales on Aug. 2 with an initial 32 single-family homes up to 3,400 square feet (including finished basements), featuring three...

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CMBS Delinquency Rate Rises for Fifth Straight Month

CMBS Delinquency Rate Rises for Fifth Straight Month

The delinquency rate for commercial mortgage-backed securities (CMBS) rose for the first consecutive month during July, with a 10-basis-point uptick to 7.23%. Year over year, the overall CMBS delinquency rate is up 180 basis points from 5.23%. According to data from...

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