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While comedian Bill Cosby continues to dominate the headlines with his ongoing legal battles, he is also quietly selling off part of his Los Angeles-area commercial real estate holdings
While comedian Bill Cosby continues to dominate the headlines with his ongoing legal battles, he is also quietly selling off part of his Los Angeles-area commercial real estate holdings.   According to a Hollywood Reporter article, Cosby has two Santa Monica properties on the market: A two-story, 8... Keep Reading....
A pair of New York City developers are proposing a $1 billion mixed-used project to be located in the heart of Newark, N.J.
A pair of New York City developers are proposing a $1 billion mixed-used project to be located in the heart of Newark, N.J.   According to a NJBIZ report, SJP Properties and Aetna Realty will be redeveloping the 3.7-acre former site of the Westinghouse factory into a two million-square-foot... more
The delinquency rate for loans in commercial mortgage-backed securities (CMBS) hit their lowest level since June 2016, according to new data from Trepp LLC
The delinquency rate for loans in commercial mortgage-backed securities (CMBS) hit their lowest level since June 2016, according to new data from Trepp LLC.   The overall delinquency rate for commercial real estate loans in CMBS is now 4.36 percent, down 19 basis points from the March level. On a... more
LRES Corporation has announced the promotion of Chief Strategy Officer Mark R. Johnson to the position of company President.
LRES Corporation has announced the promotion of Chief Strategy Officer Mark R. Johnson to the position of company President.   “Since joining LRES just over a year ago, Mark has proven himself to be a forward-looking and visionary leader,” said Roger Beane, Chief Executive Officer of LRES. “In that... more
The retail sector continues to be one of the most closely scrutinized sectors for commercial mortgage lenders
The retail sector continues to be one of the most closely scrutinized sectors for commercial mortgage lenders. Retail lending includes loans on large anchored shopping centers, local and regional malls, smaller strip centers and single tenant retail locations. A recent article in Trepp makes some... more