Wednesday, June 12, 2024

Ascena Retail Group Brands Tied to $1.7B in CMBS Loans

During its third-quarter 2017 earnings call on June 8, Ascena Retail Group announced it would undertake a fleet optimization program encompassing about 667 stores....

Another Rate Bump, Another Wait-and-See Moment for CRE

On June 14, the FOMC voted to raise the target range for the federal funds rate to 1% to 1.25%. Board member Neel Kashkari...

CRE Loans Still a Bright Spot for Insurance Companies

WASHINGTON, D.C.—Insurance companies have increased their commercial mortgage allocations while maintaining a record of comparatively low net losses. That’s among the headline findings of...

Barclays Provides $430M in Debt Financing on Park Avenue South Building

225-233 Park Ave. South recently underwent a $135-million capital improvement program. Photo Credit: NeoscapeNEW YORK CITY—Orda Management Corp. has closed on $430 million...

CRE Retail Lenders Right-size in 2017

Stories about the retail downturn are everywhere. More than 3,000 stores have declared bankruptcy in 2017, and the year isn’t even half over. There’s...