OCT 1, 2024

Landlords Register Tens of Thousands More Rent-Regulated Apartments Under Threat of Fines

A new state law, passed after THE CITY exposed units inexplicably missing in property owner reports, has spurred a surge in compliance in the face of costly penalties.

Sep 10, 2024

Special Servicing Rate Continues Rising, Office Reaches 11-Year High

The CMBS special servicing rate rose to 8.46% in August, bringing the overall rate to a three-year high, according to Trepp.

SEP 9, 2024

FreddieMac Multifamily - 2024 Midyear Multifamily Outlook

The multifamily market in early 2024 faces challenges due to high supply levels, minimal rent growth, and increasing vacancy rates, with expectations of below-average performance for the rest of the year. 

SEP 9, 2024

20 Percent of Commercial and Multifamily Mortgage Balances Mature in 2024

Twenty percent ($929 billion) of the $4.7 trillion of outstanding commercial mortgages held by lenders and investors will mature in 2024, a 28 percent increase from the $729 billion that matured in 2023, according to the Mortgage Bankers Association’s 2023 Commercial Real Estate Survey of Loan Maturity Volumes.

AUG 12, 2024

Rialto, Blackstone Ramp Up Foreclosure Suits On Signature Bank's Former Borrowers

Since taking over Signature Bank’s $17B commercial real estate loan book last year from the Federal Deposit Insurance Corp., the joint venture helmed by Blackstone and Rialto Capital has stepped up the pressure on borrowers in default.

Aug 5, 2024

Deutsche Bank Is Unloading $1 Billion in US Real Estate Loans

Deutsche Bank AG is trying to offload up to $1 billion in US commercial property loans off its balance sheet, just as rising interest rates have dented profits in its real estate portfolio, according to people familiar with the matter.

JUL 12, 2024

Multifamily distress nearly triples in 6 months

The sketch of multifamily distress drawn over the past year is now being shaded in by data.

The picture shows problems have spread beyond value-add players squeezed by floating-rate loans.

JUL 4, 2024

Apartments Could Be the Next Real Estate Business to Struggle

Owners of some rental buildings are starting to struggle because of rising interest rates and waning demand in some once booming Sun Belt cities.