BTB Real Estate Investment Trust has acquired a single-tenant industrial building in Acheson, Alberta, for C$18.75 million, excluding closing adjustments and transaction expenses. The purchase, announced October 14, marks the Montreal-based trust’s second...
The U.S. commercial mortgage-backed securities (CMBS) delinquency rate jumped 51 basis points (bps) to 4.41% in July, according to new data from Trepp. “While the rest of the U.S. economy has seen relief in terms of higher equity prices, better-than-expected corporate...