Balloon default risk remains an issue from highly seasoned CMBS transactions as loans are unable to payoff as scheduled. In many cases, collateral properties that have otherwise generated adequate / stable cash flow results are not able to...
Delinquencies fall to 8.58 percent – a decrease of 47 basis points A total of $58.3 billion in CMBS loans are currently delinquent Delinquency rate decrease is the first since mid-2009 Percentage of loans seriously delinquent (60+ days delinquent...
Cole Real Estate Investments acquired a portfolio of 32 Albertson’s grocery store properties in an all-cash, sale-leaseback transaction for $266 million from Albertson’s LLC...
Cushman & Wakefield acquired the remaining 35 percent interest in its debt and equity finance subsidiary Cushman & Wakefield Sonnenblick Goldman. As part of the transaction, the firm has restructured and expanded its New York capital...
Leasing fundamentals in the retail sector improved slightly in the third quarter of 2010, according to reports by Reis Inc., CoStar Group and CB Richard Ellis. The improvement broke a long dry spell for retail real estate during which rents...
Developers Diversified Realty Corp. has underwritten a public offering to sell $300 million in convertible senior notes due 2040. DDR intends to grant the initial purchasers a 30-day option to purchase up to an additional $45 million aggregate...
