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Commercial Mortgage News
Stories about commercial lending on multi-unit, office, retail and industrial properties.


Tough Times in the Commercial Mortgage Market

Commercial mortgage backed securities slowing as yields rise, insurance companies picking up more of the business

LATimes.com August 31

Retail Center in Mesa, Ariz., Sells for $11 Mln

VertiNews.com August 31

U.S. Finance Companies Flourish in 1H`99

Commercial finance companies thriving while subprime mortgage finance companies struggling

PRNewswire.com August 30

Office vacancies level off in O.C.

The airport and south-county markets of Orange Country, California are strong, with almost 3 million square feet of space being developed

OCRegister.com August 28

Houston Industrial Sector Shines Amid Oil Price Plunge, Heavy Building

Compaq Computer suppliers helping to fuel demand

VertiNews.com August 27

Amresco Taps Trammell Crow Company for Major Portfolio

Trammell Crow to manage almost 3 million square feet of office space for Amresco

AOL.com August 27

Cornerstone Properties Sells Carolina Building for $89 Mln

17 year old Charlotte office building has 612,000 square feet

VertiNews.com August 27

Equity One Completes $32.5 Mln Buy of Fla. Shopping Centers

2 Florida shopping centers total 410,000 square feet

VertiNews.com August 27

AMLI Residential Joint Venture Acquires Atlanta Apartments

Northwestern Mutual Life financed the new 328-unit luxury apartment community

VertiNews.com August 27

Werner Group to Buy Newsweek Building

Manhattan building to be purchased for $130-$140 million

VertiNews.com August 26

Singapore Investment Arm to Buy Manhattan Trophy for $550 Mln

All cash transaction for 44 story property located at 1211 Avenue of the Americas

VertiNews.com August 26

$65M HOTEL BILL

Hyatt Hotels to purchase New York's Stanhope

NYPost.com August 26

REIT buys Md., Va. apartments

Apartment Investment and Management Co. of Denver to purchase 2,431 units from Dreyfuss Management

DenverPost.com August 26

Central Ave. tower sold for $40 million

Dallas company purchases Great American tower

AZCentral.com August 26

REITs' Decline Could Put More Hotels in Play

California hotel sales down from 1998

LATimes.com August 25

High rents put pinch on smaller businesses

Commercial rents rising in Austin, Texas

Austin360.com August 25

Bank United, Pru Provide $19.6 Mln to Refinance Florida Apartments

Clearwater complex has 308 units

VertiNews.com August 24

Fannie Mae Adds New Web-based Applications for Multifamily DUS Lenders and Investors to its Web Site

Expands Access for Business-to-Business e-Commerce

FannieMae.com August 24

GMAC Launches $1.2 Bln Conduit Deal, Sells Big Tranche to One Buyer

Portfolio includes multifamily and commercial properties

VertiNews.com August 23

S&P Affirms GMAC Commercial Mortgage Securities Pass-thru Certificates Ratings

$1.61 billion pool has shown improved financial performance

CBSNews.com August 23

BANKERS MUTUAL AND FREDDIE MAC CLOSE A $170 MILLION SINGLE MULTIFAMILY TRANSACTION

The $170 million first mortgage represents the largest single multifamily mortgage purchase in Freddie Mac history

FreddieMac.com August 23

Lehman Provides $19.3 Mln Mortgage for Shopping Center

Forest Plaza shopping center is in Staten Island, New York

VertiNews.com August 23

Major Debt Restructuring Deal Made in Thailand

Asset Management Corporation to manage debt 4-5 years

VertiNews.com August 20

Southlake troubles continue

Jacksonville nursing center being foreclosed on

Jacksonville.com August 18

Mass Mutual to provide $107 million to GE for DoubleTree hotels

Financing is for four Doubletree hotels owned by GE Capital

VertiNews.com August 18

Banco Hipotecario focus in large buildings

Argentina company to focus on major corporations

NewsPage.com August 18

MeriStar Hospitality Completes $330 Million Long-Term Mortgage Financing

CBSNews.com August 18
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