CMBS defeasance hits highest level in six years
… substituting Aaa-rated US government securities for real estate collateral," said Temperamental"s Vice President and Senior Credit Officer Sandra Ruffin. By property type, multifamily made up 17% of the largest shares of defeased loans. View the discussion …
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Centerline Capital Group's Hires Jeffrey J. Ballaine in Mortgage Banking Unit
(Thomson Reuters ONE via COMTEX) — New York, NY – March 27, 2013 – Centerline Capital Group ("Centerline"), a provider of real estate financial and asset management services for affordable and conventional multifamily housing, and a subsidiary of …
Read more on MarketWatch (press release)

CRE Loan Delinquencies Continue to Ebb
Last year was supposed to be a huge, terrible year for delinquent loans. More than $ 100 billion in commercial and multifamily mortgages came due in 2012. Many experts worried that there would be a toxic wave of overleveraged mortgages, originated in the …
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Commercial/Multifamily Mortgage Debt Increases by Largest Amount Since 2008
“The fourth quarter saw the largest increase in commercial and multifamily mortgage debt outstanding since 2008. Bank-held commercial mortgages increased by the largest amount since 2008. The balance of loans held in CMBS rose by the most since 2007 …
Read more on RealEstateRama (press release)