The delinquency rate for commercial mortgage-backed securities (CMBS) dipped by 4 basis points to 4.67% in March, according to new data from Trepp LLC. Year over year, the overall CMBS delinquency rate is up 158 basis points from 3.09%. The percentage of loans that...
The Alamo Drafthouse Cinema chain is reportedly available for sale. According to a report by the entertainment news outlet Deadline culled from unnamed sources, there is no asking price floated for the chain, which spans 41 locations across 13 states. Unlike other...
Rexford Industrial Realty Inc. (NYSE: REXR), a real estate investment trust focused on industrial properties in Southern California, has acquired approximately 3 million square feet of industrial properties from Blackstone (NYSE: BX) for $1 billion. The combined...
The e-commerce giant Amazon Inc. (NASDAQ: AMZN) plans to save nearly $1.3 billion over the next few years by reducing the quantity of its office vacancies. According to a Business Insider report sourced from an obtained internal document and input from an unnamed...
The City Council of North Las Vegas, Nevada, has approved plans for a $52.95 million buyback of 135 acres of land that was sold two years ago for a medical property development. According to a report in the Las Vegas Review-Journal, the property was acquired by...
UWM Gives Underwriters Bigger Role in New Underwriting+ Program
