The commercial mortgage-backed securities (CMBS) delinquency rate surged in April by 40 basis points to 5.07%, according to new data from Trepp Inc. This marked the highest delinquency rate level since the 5.35% that was recorded in September 2021. “The increase was...
U.S. real estate investors are buying up commercial real estate across London at a rate not seen in nearly a decade, according to new data from BNP Paribas. Reuters reported U.S. investors spent $2.4 billion on London commercial property during the first quarter on...
Walmart Inc. (NYSE: WMT) has abruptly announced the closure of all 51 of the Walmart Health centers over the next 90 days. The retail giant began its Walmart Health center network in 2019, expanding into five states with in-person and telemedicine services. In an...
The coworking company WeWork (OTCMKTS: WEWKQ) announced the securing of $450 million in new funding that will fuel its exit from Chapter 11 bankruptcy. The property management software provider Yardi Systems is taking a 60% stake in WeWork through its subsidiary Cupar...
Risk Strategies, a Boston-based national specialty insurance brokerage and risk management and consulting firm, has appointed Marshall Heron as national real estate practice leader. In his new role, Heron will be responsible for partnering with regional and practice...
UWM Gives Underwriters Bigger Role in New Underwriting+ Program
