CMBS
Park Hotels & Resorts Announces Cessation of Payment on $725MM Non-Recourse CMBS Loan Secured By Two of Its San Francisco Hotels
TYSONS, Va., June 05, 2023 — Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today announced that, starting in June, it...
Blackstone-Owned 346-Room Hotel in San Francisco Facing Potential Foreclosure
By The Registry Staff Club Quarters San Francisco, a 346-room hotel located in the Financial District, is facing potential foreclosure as negotiations have...
CMBS Sputters in 2023 But Experts See Value Across Broader Commercial Real Estate Sector
By The Registry Staff Wall Street’s primary method of financing commercial real estate, commercial mortgage-backed securities (CMBS), has experienced a significant decline in...
Santa Rosa Industrial Park Secures $21MM Refinancing
Three Building Multi-Tenant Industrial Park Retires Existing Debt to Secure Lower Interest Rate and 20-Year Term Amortized Over 30 Years; Industrial Assets Targeted...
Report: U.S. Economy Creates “Favorable” CRE Capital Markets Environment
By Meghan Hall During the height of the coronavirus pandemic, the capital markets and lending sectors came to a halt as investors waited...
Trepp CMBS Delinquency Rate Records Largest Monthly Jump Ever in May 2020
The Trepp CMBS Delinquency Rate in May logged its largest increase since we started tracking this metric in 2009. The May reading is 7.15%,...
Report: Commercial Real Estate Well-Poised to Handle Economic Slowdown
By Meghan Hall Well into the current economic cycle, investors are watching their bottom lines and carefully analyzing which asset classes will prove...
Newmark Provides $18.MM for Ground Floor Retail in Mammoth Lakes, CA
PHOENIX, AZ (August 30, 2018) – Newmark®, the largest independent commercial mortgage banking firm in the U.S., has secured $18,700,000 in long-term, non-recourse...
Principal Real Estate Investors And MUFG Union Bank Form New CMBS Lending Platform
Principal Real Estate Investors and MUFG Union Bank, N.A. announced today that together they have formed MUFG Principal Commercial Capital, a lending platform...
NorthMarq Capital San Francisco Secures $20MM Financing of Sutter Plaza in San Francisco, CA
SAN FRANCISCO (June 4, 2018) – Jeffrey Weidell, president, Andrew Slaton, vice president, and Anika Comaroto, investment analyst, of NorthMarq Capital’s San Francisco...
NorthMarq Arranges $9MM Loan for San Francisco Office Building
(EDITOR’S NOTE: According to public documents, the property is located at 564 6th St. in San Francisco. This building owned by Guardian...
