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New Earthquake Insurance Entity Aimed at West Coast Businesses

New Earthquake Insurance Entity Aimed at West Coast Businesses

by Phil Hall | Jun 6, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Emerald Bay Risk Solutions has partnered with the insurance agency Arrowhead to launch Arrowhead EQ DIC, a commercial earthquake facility that provides difference in conditions insurance policies for medium to large businesses. According to the companies, Arrowhead EQ...
MBA: Q1 Commercial Mortgage Delinquencies on the Rise

MBA: Q1 Commercial Mortgage Delinquencies on the Rise

by Phil Hall | Jun 4, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Commercial mortgage delinquencies were on the rise during the first quarter, according to data from the Mortgage Bankers Association (MBA). MBA’s quarterly analysis details the commercial delinquency rates for five of the largest investor groups that hold more than...
College of Charleston to Create Endowed Professorship for Commercial Real Estate

College of Charleston to Create Endowed Professorship for Commercial Real Estate

by Phil Hall | Jun 4, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

South Carolina’s College of Charleston has received a $2 million gift to support its commercial real estate finance program and its education students. Part of the gift will be used to create the Buono Endowed Professorship in Commercial Real Estate in the...
CMBS Delinquency Rate Drops Below 5%

CMBS Delinquency Rate Drops Below 5%

by Phil Hall | Jun 4, 2024 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The commercial mortgage-backed security (CMBS) delinquency rate declined by 10 basis points in May to 4.97%, according to data from Trepp Inc. “The decrease was primarily driven by some sizable resolutions in the office sector,” said Stephen Buschbom, research...
Rubio’s Coastal Grill Shutters 48 California Restaurants

Rubio’s Coastal Grill Shutters 48 California Restaurants

by Phil Hall | Jun 4, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The fast-casual Mexican-themed restaurant chain Rubio’s Coast Grill has closed 48 of its eateries in California, citing the cost of doing business in the state. According to Nation’s Restaurant News, the company issued a statement complaining that the “closings were...
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