Tag Archives: years

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)

O'Fallon commercial real estate partners seek split after 25 years

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O'Fallon commercial real estate partners seek split after 25 years
28, Miles counter sued Shelton and Shelton's business partner Wayne Schmidt as well as Atlanta-based Alliance Hospitality Management, the management company for the Hilton Garden Inn in O'Fallon. Miles is pursuing an injunction to stop the foreclosure …
Read more on Belleville News Democrat

Commercial real estate activity returning to normal
Salt Lake County's mutifaceted commercial real estate industry — made up of retail, industrial, office and apartment markets that don't always go in tandem — is entering the new year in better shape than in a long time. It's not back to 2007, when …
Read more on Salt Lake Tribune

Hitting the high points of Memphis commercial real estate conference
Conway said 2013 will be a excellent year to get commercial real estate deals done as interest rates could start rising in the next two to three years, partially due to new federal bank leaders coming in by the end of the year. “2013 may be where the window …
Read more on Memphis Business Journal

Revival: Calvary Baptist Church celebrates 120 years of worship and reaching out

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Revival: Calvary Baptist Church celebrates 120 years of worship and reaching out
Since it started as a small prayer band meeting in private homes, the Calvary Baptist Church has been a place where its congregants can worship, feel valued and reach out to the surrounding community. SALT LAKE CITY — The carefully crafted sermon by Rev …
Read more on Deseret News

Title-loan officials donated 000 to GOP Assembly candidates
But Assembly Republican leaders successfully led the effort last year to lift the ban on these loans and to ease state restrictions on payday loans – small-term deals with high-interest rates for which borrowers offer no collateral. State Sen. Bob …
Read more on Milwaukee Journal Sentinel