The delinquent unpaid balance stands at $62.32 billion out of a total unpaid balance of $752.25 billion. The resultant delinquency rate stands at 8.29 percent, beating the previous high of 8.13 percent posted in November. It is the second monthly...
Realpoint’s rate stands at 8.29 percent while Trepp’s rate is 9.20 percent. Realpoint counts $62.32 billion in CMBS loans as delinquent. Of that, $8.14 billion is 30 days past due, $4.15 billion is 60 days past due, $25.97 billion is 90 or more...
Cole Real Estate Investments has arranged a $133 million mortgage financing with JPMorgan Chase Bank N.A., secured by a portfolio of 32 Albertsons grocery store properties located in key markets in Arizona, New Mexico, Colorado, Texas and...
Gulf Related, a joint venture between Related Co. and Gulf Capital, in partnership with Mubadala Real Estate & Hospitality, will develop The Galleria at Sowwah Square in Abu Dhabi, United Arab Emirates...
Brea Marketplace was a tired shopping center adjacent to a regional mall and large office complex. With the design mission of creating an alluring experience for shoppers and complementing the existing neighborhood mix in order to attract shoppers...
Nontraded REITs have approximately $3.6 billion in cash and equivalents. Effective REITs (those still raising money) have $2.5 billion and closed REITs (those that are not raising funds) have $1.1 billion...
As of the end of the third quarter of 2010, retail REITs had $14.44 billion in cash and line of credit availability, according to Jones Lang LaSalle's analysis of Bloomberg data. That's down from $17.11 billion at the end of 2009, but higher than...
Dillard’s Inc.’s attempt to form a REIT could start a revolutionary trend in the department store sector, industry sources say.
For the past decade, U.S. department store chains have struggled to stay afloat while they faced a major recession an...
