It certainly was no cause for celebration. Seven U.S. banks failed in August with commercial real estate loans accounting for $257 million (or 56%) of the $456 million in nonperforming loans at the failed institutions...
While it is impossible to sugarcoat the stagnant state of the labor market in August, Grubb & Ellis chief economist Bob Bach says that the yield curve is not signaling a recession...
On a sunny and sweltering Aug. 18 in Midtown Atlanta, hotel developer Jay Patel beamed with pride as he addressed more than 100 people gathered inside an air-conditioned tent to kick off a groundbreaking ceremony.
I...
Thirteen U.S. banks failed in July, raising the total number of failures to 61 through the first seven months of 2011 and putting the annualized pace between 100 and 120, according to New York-based Trepp LLC. The...
Two steps forward, one step back. That’s a fitting description for the performance of the commercial mortgage-backed securities (CMBS) market as a whole over the last three months...
While the conventional wisdom in the seniors housing industry is that capitalization rates are clearly headed downward, the results of a newly released study conducted by NREI and Senior Housing Investment Advisors...
CHICAGO — Although real estate fundamentals and valuations in the U.S. hotel sector are clearly on the rise, the overhang of distressed properties remains significant...
To say that the June jobs report released by the U.S. Department of Labor last Friday fell short of expectations would be a gross understatement. After all, the consensus among economists heading into late last week...
The Southeast continues to be plagued by a rash of bank failures caused by an excessive exposure to commercial real estate, and analysts say the trend isn’t expected to dissipate anytime soon. Of the four banks that...
To say that the June jobs report released by the U.S. Department of Labor last Friday fell short of expectations would be a gross understatement. After all, the consensus among economists heading into late last week...