A measure introduced in the U.S. House of Representatives last week is intended to extend the Terrorism Risk Insurance Extension Act (TRIA) for a full decade beyond its scheduled sunset in December. The act would...
Two commercial real estate firms are marketing a genuinely unique piece of real estate for sale: Natural Bridge, a 500 million-year-old limestone arch that gave Rockbridge County, Va., its name. Edward Koepenick of...
Amid fears that competing offshore investors are driving up real estate prices to new heights, China took new steps this week to curb foreign investment in that country’s real estate market. The new rules unveiled...
A tidal surge of distribution space is pouring into Savannah, Ga., but local experts say the pending 38% increase in inventory is more likely to buoy, rather than saturate, the port market...
A new outlet mall is coming to a country near you. Almost entirely a U.S. concept until the mid 1990s, factory-direct retail centers that double as tourist destinations have taken hold in regions the world over...
The PNC Financial Services Group Inc. (NYSE: PNC) plans to acquire ARCS Commercial Mortgage during the third quarter this year, the companies announced today. Calabasas Hills, Calif.-based ARCS originated more than $2...
The White House has again proposed a fee increase for multifamily loan guarantees from the Federal Housing Administration, just six months after rescinding a similar proposal that sparked heated opposition from...
The contraction of the U.S. manufacturing base continues to pummel North American automakers. Ford Motor Co. announced plans last September to close 16 factories by 2012 and slash 30,000 hourly and 7,000 salaried jobs...
Aggressive underwriting will lead to increased defaults in the latest crop of loans earmarked for commercial mortgage-backed securities (CMBS), warns Fitch Ratings. The chief cause for concern is a reliance on...
A new report by Moody’s Investors Service explains the rating agency’s baseline credit standard for mezzanine loans. The methodology is aimed at mezzanine lenders and CDO issuers, but offers lenders a useful insight...
