Two Deals Would Make KeyBank #3 US Servicer
CLEVELANDKeyBank 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, RealtyTracs 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.