Commercial Real Estate News


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CURRENT NEWS AND INFORMATION

Commercial real estate deals in Western New York overcome winter chills
The pace of commercial real estate deal-making in the Buffalo Niagara region this winter slowed from last year’s boom season, as even a flurry of activity last month – driven mostly by one mega-deal – wasn’t enough to overcome the deep freeze that February’s snow and temperatures seemed to impose on the market.

Hunt Mortgage Group Facilitates the Acquisition of a Multifamily Property Located in Charlotte, North Carolina
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $1.4 million Fannie Mae loan facility to enable the acquisition of a multifamily property located in Charlotte, ...

DMV in Chautauqua County seeks new office space in Jamestown
MAYVILLE – The Chautauqua County Department of Motor Vehicles is seeking new office space in Jamestown.

Pair of suburban office buildings drops $126M in value since 2007
A slowdown in federal spending hurt. So did a growing desire by tenants to be closer to mass transit and places with a downtown feel.

Fitch Affirms LNR's Special Servicer Rating for Commercial Real Estate Loans
Fitch Ratings has affirmed the commercial loan special servicer rating of LNR Partners, LLC's at 'CSS1-'.

Fitch: Lower Oil Provides Moderate Benefit for US REITs
Lower gasoline and heating oil prices will bolster consumer discretionary incomes and will likely lead to greater retail and travel spending, providing a moderate net benefit to US

Select Income REIT Announces Prorated Common Dividend
Select Income REIT today announced a prorated common share distribution of $0.3444 per common share for the period from and including January 29, 2015 through March 31, 2015.

Ethiopia: House Passes the First Industrial Park Bill for the Country
[Addis Fortune] The Bill was drafted by EIC with government and private sector stakeholder inputs

Fire damages office buildings at Redhill Aerodrome
The fire broke out at an office building at the site before spreading to the cafeteria with both suffering 50% damage



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