CMBS
Silicon Valley Office Asset Obtains $155M Refi
Sansome Partners and Hunter Properties have secured CMBS debt for the second phase of the 1.7 million-square-foot Coleman Highline development that is fully occupied by streaming platform Roku.
San Antonio Office Park Lands $58M Refi
The 10-year financing includes a one-year interest-only period followed by a 30-year amortization schedule.
CMBS Delinquencies Appear to Stabilize—For Now
The latest report from the Kroll Bond Rating Agency on the $286 billion of commercial mortgage-backed securities it tracks indicates delinquencies could be leveling off.
Sacramento Storage Property Receives Refi
The new mortgage will retire a loan provided by Exchange Bank in 2016.
KKR Closes Fund With $950M in Commitments
Like its predecessor investment vehicle, KKR Real Estate Credit Opportunity Partners II will focus on the acquisition of new-issue conduit CMBS.
Hotel, Retail Lead Late Loans—Will Other Assets Follow?
As signs of stress appear, Paul Fiorilla of Yardi Matrix takes stock of what’s ahead for mortgage performance.
CMBS Resilience Faces a Big Test
Insights from Yardi Matrix’s Paul Fiorilla on the biggest turning point in a decade for securitization.
Global Medical REIT Snaps Up Virginia Asset
The nearly 100,000-square-foot building near Marine Corps Base Quantico is leased to Spectrum Healthcare Resources.
Los Angeles Office Complex Lands $550M Loan
The deal marks one of the first big CMBS transactions since the COVID-19 crisis stalled most of the financial markets.
CMBS Late Payments Starting to Mushroom
The scope of delayed payments is expected to increase for loans secured by certain asset types, according to data released by the CRE Finance Council.