The 30+ day CMBS delinquency rate fell below 3.00 percent in February, as market observers previously predicted. Research firm Trepp reports that the delinquency rate for all property types fell 15 basis points month-over-month to 2.87 percent.
Private equity real estate investors remain reluctant to jump into Opportunity Zone plays, according to the latest research from London-based firm Preqin, which attributed the attitude to uncertainty surrounding program regulations and the inherent risk of investing in low-income and distressed neighborhoods.
The Queens location formerly slated for Amazon’s HQ2 is close to a deal with a new tenant, reports the New York Post. Forbes analyses whether investors should wait for a crash to make a move in the real estate market. These are among today’s must reads from around the commercial real estate industry.