Tag Archives: Level

CMBS defeasance hits highest level in six years

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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 …
Read more on Housing Wire

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 …
Read more on National Real Estate Investor

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)

CMBS Delinquency Rate At Lowest Level In Nearly A Year

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CMBS Delinquency Rate At Lowest Level In Nearly A Year
Among the five major property types, multifamily loans led the pack with a 55 bps improvement in the delinquency rate between December and January. The rate on office loans also improved, while the rates on all other major property types were modestly …
Read more on Mortgageorb

MLV Capital Starts Stock Coverage on First Union Real Est (FUR)
… senior and mezzanine loans and debt securities secured directly or indirectly by commercial and multi-family real property, which it refers to as loan assets, and the ownership of equity and debt securities in other REITs, which it refers to as …
Read more on Daily Political

Housing market ripe for growth in city
Carroll is the only recent developer in recent years attempting to bridge the tight multifamily rental market by constructing apartments, Haynes said. (Page 2 of 2). Last year about one-third of the housing projects built inside and near Fantastic Falls …
Read more on Fantastic Falls Tribune

BANKFINANCIAL CORPORATION : Announces Additional Asset Resolution …
As previously told, the non-performing loans and assets in the closed bulk sales involved multifamily and commercial real estate assets. The remaining element of the bulk sale plot involved the designation of certain owner-occupied and investor …
Read more on 4-traders (press release)