The delinquency rate for commercial mortgage-backed securities (CMBS) rose by 35 basis points to 6.65% in March, according to new data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 198 basis points from 4.67%. Last month, the overall...
Investment sales in Manhattan commercial real estate reached $5.8 billion over in the first half of this year, according to new data from Ariel Property Advisors. This represented a 14% increase from the second half of 2023. A total of 167 transactions were recorded...
CBRE (NYSE: CBRE) is predicting an improvement in revenue per available room (RevPAR) growth during the second half of 2024, following a weaker-than-expected first quarter. The company’s latest forecast projects a 2.0% increase in RevPAR growth for 2024, down from the...
Real Estate Influencer Cesar Pina Pleads Guilty to Fraud, Money Laundering …
