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CMBS Delinquency Rate Hits New Post-Covid Peak

CMBS Delinquency Rate Hits New Post-Covid Peak

by Phil Hall | Oct 31, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The commercial mortgage-backed securities (CMBS) delinquency rate rose 24 basis points in October to 4.63%, according to new data from Trepp Inc. The represents the highest level since the end of the Covid-19 pandemic. Trepp primarily attributed this spike to a $930...
Longpoint Realty Partners Closes Third Institutional Fund

Longpoint Realty Partners Closes Third Institutional Fund

by Phil Hall | Oct 18, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Boston-based real estate investment firm Longpoint Realty Partners announced the final closing of its third institutional fund, Longpoint Fund III L.P. (Fund III). According to the company, Fund III was oversubscribed, with approximately $940 million of commitments...
Colonnade BridgePort Tapped for Property Management on 2.3 Million SF Portfolio

Colonnade BridgePort Tapped for Property Management on 2.3 Million SF Portfolio

by Phil Hall | Sep 29, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Colonnade BridgePort, an Ottawa-based real estate management, investment, and development company, announced it has been awarded the property management mandates for over 2.3 million square feet in the Ontario cities of Burlington, Brantford, and Brampton. The...
BGO Industrial Real Estate Income Trust Buys Ownership Stake in Midwest Industrial Portfolio

BGO Industrial Real Estate Income Trust Buys Ownership Stake in Midwest Industrial Portfolio

by Phil Hall | Sep 27, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

BGO Industrial Real Estate Income Trust Inc. (BGO IREIT), a New York City-based non-traded real estate investment trust focused on income-oriented U.S. industrial warehouse and logistics properties, has acquired an indirect 34.2% ownership interest in a portfolio of...
Tom Donahue Named Partner at DIV Industrial

Tom Donahue Named Partner at DIV Industrial

by Phil Hall | Sep 8, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

DIV Industrial, an Irvine, California-based institutional-level investor and developer of industrial real estate, has named Tom Donahue as partner and head of development. In his new role, Donahue will oversee all activities for DIV Industrial’s ground-up development...
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