BridgeCore Capital Inc. has created a new middle market commercial real estate loan program designed to serve as an alternative financing product to traditional LifeCo funding. According to the Beverly Hills, California-based company, the program provides borrowers a...
Atlanta-based Angel Oak Capital Advisors LLC has hired Sumit Sasidharan as its head of commercial real estate. In his new job, Sasidharan will lead the firm’s CRE platform, which encompasses approximately $300 million in loans. He will also manage the firm’s permanent...
Whitestone Uptown Tower LLC, the owner of the Uptown Tower office building in Dallas, announced it has filed a Chapter 11 voluntary petition for bankruptcy in the U.S. Bankruptcy Court for the Northern District of Texas. According to the company, the bankruptcy filing...
A&G Real Estate Partners, in its capacity as real estate advisor to Rite Aid Corp. (OTC:RADCQ), announced plans to market for sale an additional tranche of neighborhood pharmacy leases, pending approval by the U.S. Bankruptcy Court for the District of New Jersey....
The commercial mortgage-backed securities (CMBS) delinquency rate dropped by five basis points in November to 4.58%, according to new data from Trepp LLC. While the overall rate was down, the office sector delinquency rate spiked by 33 basis points to 6.08% while the...
Mortgage Equity Hits $17.5 Trillion as Servicers Lose Cash-Out Borrowers
