CMBS

An aerial view of Charlotte, N.C.
Finance  ·  CMBS
National

Charlotte, Minneapolis, San Francisco Lead CRE Distress Rates

By Mike Haas
CRED iQ takes a look at distressed, real estate owned (REO) assets controlled by lenders as we close out 2021.
Finance  ·  CMBS
National

Top CLO Issuers See Increased Distress Levels

By Mike Haas
Jeff Blau, CEO of Related Companies, and the Bronx Terminal Market.
Finance  ·  CMBS
New York City

Related Companies Lands $380M CMBS Refi for Bronx Terminal Market

By Cathy Cunningham
Finance  ·  CMBS
National

Midyear Data Shows Spike in CRE Modifications and Foreclosures

By Mike Haas
Premium
Michael Dell and The Boca Raton.
Finance  ·  CMBS
Florida

Michael Dell’s MSD Capital Nearing $1B CMBS Refi for Boca Raton Resort & Club

By Julia Echikson
Premium
The downtown Los Angeles skyline features a number of office towers. Interest rates on office property loans researched by CRED iQ hovered around 7.3 percent with implied cap rates averaging 7.02 percent.
Finance  ·  CMBS
National

CMBS Deep Dive: New Issue Underwriting Loan Metrics

By Mike Haas
Premium
An aerial shot of the Meadowlands Sports Complex, nearby One Met Center office building.
Finance  ·  CMBS
New York City

New Jersey Office One Met Center Defaults on $76M CMBS Loan: Trepp

By Brian Pascus
Premium
RFR Holding co-Founder Aby Rosen. 285 Madison Avenue.
Finance  ·  CMBS
New York City

Aby Rosen Secures Short-Term Extension on Troubled 285 Madison Avenue Loan

By Isabelle Durso
Premium
Jeffrey Levine, Michael Arougheti and 3Eleven.
Finance  ·  CMBS
New York City

Douglaston, Ares Cashing Out $116M in Hudson Yards Apartment Tower Refi

By Isabelle Durso
Premium
RXR CEO Scott Rechler and The Helmsley Building.
Finance  ·  CMBS
New York City

RXR Explores Converting Helmsley Building After Default of $670M Loan

By Andrew Coen
Premium
An $87.1 million CMBS loan backing the 688,292-square-foot Equitable Plaza office property in Los Angeles received a “nonperforming matured” status after failing to pay of its June 2024 maturity date.
Finance  ·  CMBS
National

CMBS Distress Rate Climbs to 8.62 Percent in June

By Mike Haas
Premium
Edward Slatkin, Thomas Slatkin, and Shutters on the Beach hotel in Santa Monica, Calif.
Finance  ·  CMBS
Los Angeles

Slatkin Brothers Land $400M Refi for SoCal Beachfront Hotels

By Nick Trombola
Premium
The Trepp CMBS special servicing rate declined by 40 basis points in April to 9.02 percent, the seventh monthly decline since a post-GFC peak in September 2020 and the largest improvement in the monthly reading since the COVID-19 crisis began.
Finance  ·  CMBS
National

43% Decline in Valuations for Distressed Properties So Far in 2024

By Mike Haas
Premium
Job Warshaw.
Finance  ·  CMBS
National

Job Warshaw Resigns From Starwood’s Special Servicer, LNR

By Cathy Cunningham
Premium
Brian Moynihan
Finance  ·  CMBS
California

Bank of America Provides $125M to Refi Anaheim Hotel

By Nick Trombola
Premium
3D arrows with rocket going up
Finance  ·  CMBS
National

CMBS Loan Modifications on Pace for Record Year in 2024

By Mike Haas
Premium
Ovation Hollywood
Finance  ·  CMBS
Los Angeles

CMBS Loan on Hollywood’s Biggest Retail Center Hits Special Servicing

By Andrew Coen
Premium