Trepp
Higher-for-Longer Rates Are Choking Apartment Supply, Setting Up a Multifamily Rent Rebound Before 2030
Federal Reserve rate hikes have cut U.S. apartment construction starts roughly in half while renter demand keeps running hot, a mismatch that rental...
Blackstone’s 432-Unit Ascent and Marlowe in Seattle’s South Lake Union Caught Up as $518MM Portfolio Loan Hits Special Servicing
Ascent South Lake Union and Marlowe, the 432-unit pair Blackstone bought for about $302.8 million in 2021, are now two of the last...
Rialto Weighs Housing Sale for 289,000 SQFT Former Frontier Office Campus in Everett
Rialto Capital weighs a housing sale for the former Frontier office campus in Everett after its value fell from $38.6MM to $9.3MM.
Trepp: Seattle Office Slips, but Seattle Apartments and Portland Self-Storage Rank Among West’s Safest
Trepp analysts told a national webinar audience that Seattle's office market is weakening at the margins, even as the metro's multifamily loans and...
Bridge Debt Moves From Stopgap to Primary Structure as $875B in CRE Loans Mature
With permanent lenders selective and $875 billion in commercial mortgages coming due, sponsors are routing transitional deals to debt funds offering speed, flexibility...
$23.6MM DoubleTree Suites Loan Near Seattle Airport Lands in Special Servicing as CMBS Maturity Wall Crashes Hotels
The 219-suite DoubleTree Suites Seattle Airport-Southcenter was transferred to special servicing on May 26, the latest 2016-vintage hotel mortgage to fail a refinancing...
CMBS Delinquencies Push to 7.46% Overall as Office Market Hits a Record 11.76%
All major property types see rising stress in October, with multifamily topping 7 percent for the first time since 2015 The latest readout...
Why CRE Experts Say the Looming $1.26 Trillion Debt Wall Can Be Scaled
By Kidder Mathews Roughly $1.26 trillion in commercial real estate loans are set to mature through 2027. Most originated in the mid-2010s, when rates averaged between...
Goldman Sachs: Office Property Mortgages Are A Ticking Time Bomb in the U.S. Banking Sector
In a recent report by Goldman Sachs, a stark warning was issued about the state of office mortgages in the United States, describing...
Commercial Real Estate Luminary Manus Clancy Joins LightBox Senior Management Team
Clancy will spearhead the firm's CRE data innovation program IRVINE, Calif., Jan. 12, 2024 /PRNewswire/ -- LightBox, the leading provider of commercial real estate information,...
