Commercial

The development, construction and ongoing operations within commercial real estate supported 6.25 million American jobs and pumped $861 billion into U.S. GDP during 2016
The development, construction and ongoing operations within commercial real estate supported 6.25 million American jobs and pumped $861 billion into U.S. GDP during 2016, according to the annual study “Economic Impacts of Commercial Real Estate,” published by the NAIOP Research Foundation.   Last... Keep Reading....
The delinquency rate for U.S. commercial real estate loans in commercial mortgage-backed securities (CMBS) reached the 5.03 percent level last month, according to new data from Trepp LLC
Include the following documentation to expedite commercial transactions Submitting a complete and accurate package is important in cementing a professional relationship with lenders, building your credibility and closing loans faster. Keep in mind, too, that missing information or incomplete... more
Commercial and multifamily mortgage debt outstanding grew by $39.9 billion in the second quarter
Commercial and multifamily mortgage debt outstanding grew by $39.9 billion in the second quarter, according to data released by the Mortgage Bankers Association (MBA). Multifamily mortgage debt outstanding rose by 2.6 percent to reach $1.09 trillion, while the total commercial and multifamily debt... more
Two major commercial real estate entities have launched a new platform aimed at the single-tenant office property market
Two major commercial real estate entities have launched a new platform aimed at the single-tenant office property market. Gramercy Property Trust and TPG Real Estate have teamed up to operate Strategic Office Partners, which will begin business via the acquisition of six office assets valued at $... more
LRES has announced the addition of Mike Bye as vice president of sales
LRES has announced the addition of Mike Bye as vice president of sales where he will be responsible for reporting on all sales activities and establishing and managing client relationships. Bye brings LRES established expertise in complex consultative sales and technology solutions, customer... more