Commercial

When it comes to property taxes in commercial real estate world, New York City is the reigning champ
When it comes to property taxes in commercial real estate world, New York City is the reigning champ. According to a new analysis released by COMMERCIALCafé, 19 of the 20 highest taxpaying buildings are found in the Big Apple.   Leading the list with an astonishing $71 million property tax bill is... Keep Reading....
NAMB+ Inc., the for-profit marketing and communications subsidiary of NAMB—The Association of Mortgage Professionals, has announced its latest Endorsed Provider, Sarma Mortgage Credit Services
NAMB+ Inc., the for-profit marketing and communications subsidiary of NAMB—The Association of Mortgage Professionals, has announced its latest Endorsed Provider, Sarma Mortgage Credit Services. “NAMB+ is pleased to have chosen a firm such as Sarma Mortgage Credit Services as its newest Endorsed... more
Accurate Group has announced the expansion of its sales team with two new additions
Accurate Group has announced the expansion of its sales team with two new additions as Matthew Lichtner, a mortgage and settlement services industry veteran joining the company as senior vice president, national accounts manager; and Richard L. Heltzel III, who will be moving from his current... more
Originations of commercial and multifamily mortgages were up by nine percent on a year-over-year basis during the first quarter
Originations of commercial and multifamily mortgages were up by nine percent on a year-over-year basis during the first quarter, according to new data from the Mortgage Bankers Association’s (MBA). However, the first quarter’s origination levels were 27 percent lower than the fourth quarter of 2016... more
The delinquency rate for commercial real estate loans in commercial mortgage-backed securities (CMBS) reached 5.52 percent in April, according to new data from Trepp LLC
The delinquency rate for commercial real estate loans in commercial mortgage-backed securities (CMBS) reached 5.52 percent in April, according to new data from Trepp LLC. This marks an increase of 15 basis points (bps) from March and a 129 bps spike from one year earlier.   Trepp noted that nearly... more