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...
Cortland, an Atlanta-headquartered multifamily real estate investment, development, and management company, appointed Juan Bueno as president of operations. In this newly created position, Bueno will oversee a variety of critical functions including operations and...
The Federal Housing Administration (FHA) published a Mortgagee Letter that increases the threshold at which a multifamily loan is considered a large loan from $75 million to $120 million. This marked the first increase in the multifamily loan threshold since 2014. The...
The Mortgage Bankers Association (MBA) reported that commercial and multifamily mortgage delinquencies increased in the first quarter of this year. Within this sector, the delinquency rate was highest for commercial mortgage-backed securities (CMBS) at 3%, an increase...
National Multifamily Corp. is one of the newer players in New York City metro area commercial real estate market. Headquartered in Rye Brook, New York, the company recently celebrated its first anniversary in business, promoting itself as “your go-to source for buying...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
