The default rate on commercial real estate mortgages held by banks climbed to 3.40 percent in the third quarter of 2009, up from 2.88 percent the quarter before, according to an analysis published on Dec. 1 by Real Estate Econometrics.
As the U.S. REIT industry closes the door on 2009 and heads into 2010 things certainly seem to be fully operational, even if all circuits aren't functioning perfectly just yet.
Scott Robinson spoke with REIT.com about some of the trends in the behavior of REIT stocks relative to the commercial property market, as well as what lies ahead for publicly traded commercial real estate.
The National Association of Real Estate Investment Trusts, in collaboration with ENERGY STAR, today honored several of its member companies for demonstrating superior and sustained energy use practices
With state governments and colleges and universities around the country facing tight budget squeezes, student housing REIT American Campus Communities (NYSE: ACC) has come up with an innovative way to help them keep their development plans on schedule and conserve cash at the same time.