Total mortgage debt on commercial and multifamily properties grew by $76.6 billion in the first half of 2006 to reach $2.7 trillion at midyear, according to the Mortgage Bankers Association’s analysis of Federal...
A proposal by federal regulators to more closely scrutinize banks with large concentrations of commercial real estate (CRE) loans and raise capital requirements threatens to choke a lucrative lending sector, industry...
The U.S. Department of Housing and Urban Development has withdrawn a planned 71% hike in the mortgage insurance premiums on most multifamily and healthcare loans backed by the Federal Housing Administration...
Casino owner and operator Pinnacle Entertainment Group has agreed to purchase, close and redevelop The Sands, one of the oldest gaming resorts in Atlantic City, N.J...
The Beau Rivage Resort & Casino — the largest employer in Biloxi, Miss. until Hurricane Katrina forced its closure last year — has re-opened with a redesigned casino and updated rooms...
A planned merger will bring the nation’s only nonprime mortgage industry association under the fold of the Mortgage Brokers Association (MBA). If approved by members, the National Home Equity Mortgage Association ...
InterContinental Hotel Group is lightening its load. The London-based hotelier is aggressively disposing of assets and ramping up its franchise and management lines of business...
A decision by the Federal Reserve in early August to hold the overnight fed funds rate at 5.25% brought a sigh of relief from most commercial real estate professionals, who welcomed the news as a sign that brisk...
Tan International Group expects its newest grocery-anchored shopping center in Austin to tap a rapidly growing demographic sector in this capital city — Asian shoppers. The 180,000 sq. ft. Chinatown Center, nearing...
