Commercial

The outstanding debt on commercial and multifamily mortgages increased by $45.4 billion, or 1.5 percent, to $3.11 trillion in the third quarter from the second quarter
The outstanding debt on commercial and multifamily mortgages increased by $45.4 billion, or 1.5 percent, to $3.11 trillion in the third quarter from the second quarter, according to new data from the Mortgage Bankers Association (MBA). In a separate measurement, the MBA added that the multifamily... Keep Reading....
The Trepp CMBS delinquency rate inched up modestly in May, one month after posting its lowest reading in more than two years. The four basis point increase comes on the heels of a 47 basis point drop in April, which was also the biggest one month dip since Trepp began publishing the number in the... more
Freedom Mortgage Corporation has announced the launch of its new commercial real estate lending division. This new division will be based in New York and managed by industry veterans, Mary Davenport, Nichole Kim and Shawn Townsend. Initially, they will focus on first mortgage originations from $2-... more
Sabal Financial Group LP has announced the expansion of its Commercial Mortgage-Backed Securities (CMBS) business with the launch of Sabal Commercial Advisors. Sabal Commercial Advisors will leverage the company’s existing CMBS loan underwriting and due diligence platform to provide CMBS investors... more
In April, the Trepp CMBS delinquency rate posted its lowest reading in more than two years. The 47 basis point drop in the delinquency rate was the biggest one month gain since Trepp began publishing the number in the fall of 2009. All major property types saw their delinquency rates fall in April... more