Survey finds most institutions believe market is at the peak of the equity cycle and are concerned over high asset pricing and its effect on future exit profitability.
In the securitized lending space, the overall CMBS delinquency rate continues its descent past four percent as distressed legacy loans continue to be paid off. However, retail still carries the highest delinquency rate among all major property types.
The permanent loan came from American International Group (AIG) and is the second loan the lender has provided KRE and National for a Jersey City property
Lexington Realty Trust is accelerating its push towards industrial properties with a recapitalized a portion of its suburban office assets into a joint venture.