Posted by admin on Mar 30th, 2010 | 0 comments
By DOUGLAS HANKS
dhanks@MiamiHerald.com
To visit a central battleground in Wall Street’s commercial real estate crisis, head to the corner of 16th and Washington in South Beach.
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Posted by admin on Mar 29th, 2010 | 0 comments
Mar 29, 2010 10:15 AM-Retail Traffic
In February, the delinquent unpaid balance for CMBS rose $1.87 billion, up to $47.82 billion from $45.94 billion a month prior, according to Horsham, Pa.-based Realpoint LLC. However, the rise was lower than the jumps in the three previous months when the unpaid balance jumped by more than $3.7 billion each month
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Posted by admin on Mar 5th, 2010 | 0 comments
Fitch Ratings:
Upcoming maturities from U.S. CMBS deals originated in 2005 contributed to a 29 basis-point (bp) increase in delinquencies to 6.29% at the end of February, according to the latest U.S. CMBS delinquency index results from Fitch Ratings.
Approximately 30% of the newly delinquent loans were from 2005 transactions. In fact, the four largest newly delinquent loans (ranging in size from...