Friday, May 10, 2013

Two Deals Would Make KeyBank #3 US Servicer


Two Deals Would Make KeyBank #3 US Servicer

CLEVELAND—KeyBank Real Estate Capital acquire the CMBS servicing portfolios of Bank of America and Berkadia Commercial Mortgage LLC, substantially increasing its commercial mortgage servicing portfolio.

MOB Cap Rates Continue Compressing

MINNETONKA, MN-A recent survey released by CBRE shows cap rates for class A, on-campus MOBs sinking below 7% for the remainder of 2013.

Heat Map Shows High Nevada Foreclosures

IRVINE, CA-In an update to an earlier story, RealtyTrac’s interactive heat map shows Nevada had the highest rate of foreclosures per housing unit in April.

Ares Inks Deal to Buy AREA

LOS ANGELES-The deal quadruples Ares’ CRE assets under management; AREA CEO Lee Neibart will co-head the Ares Real Estate Group.

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