Joe Kelly's (bridge-loan) Blog

Stellar Management Sells Apartment Building To a REIT Led by Zell. Stel-lar Management is continuing to unl-oad apartment building assets in the San Francisco Bay area. Read more on this story fromWall Street Journal here------------------------------------------You can instantly receive news upd...

The delinquency rate for commercial mortgages bundled into bonds jumped again in November after seeing a big dip in the previous month, according to new data from data provider Trepp. Read more on this story fromWall Street Journal here------------------------------------------You can instantly r...

With iPads, iPhones, laptops and other products flying off the shelves this holiday season, fast-growing Apple Inc. has closed on the purc-hase of Hewlett Packard's nearly 100-acre campus site in Cupertino, CA. The transaction effectively dou-bles the size of Apple's holdings in its headquarters ...

Warehouse assets oriented near the nation's largest seaports didn't experience drop offs in demand as quickly or fall as deeply during the recession and have also rebounded more quickly than metro markets as a whole, according to a recent analy-sis by CoStar Group, Inc. Read more on this story fr...

Energy and industrial companies will rise next year, propelling a 17 percent gain in the Standard & Poor’s 500 Index from its current level, according to Cambiar Investors LLC’s Brian Barish. Read more on this story fromBloomberg here------------------------------------------You can instantly rec...

The following is the text of the Federal Reserve Board’s Seventh District -- Chicago. Read more on this story fromBloomberg here------------------------------------------You can instantly receive news updates like this via the RSS feedfor the main blog on our website.On our blog we share more in ...

The following is the text of the Federal Reserve Board’s Second District -- New York. Read more on this story fromBloomberg here------------------------------------------You can instantly receive news updates like this via the RSS feedfor the main blog on our website.On our blog we share more in ...

JPMorgan Chase & Co. and Wells Fargo & Co. are seeking to increase financing for hotels as lenders reco-ver more money from loans backed by lodging than from debt secured by other types of commercial real estate. Read more on this story fromBloomberg here------------------------------------------...

Billionaire Ron Burkle is seeking to raise cash in a bond offering backed by Americold Realty Trust’s debt as sales of securities tied to commercial properties climb, according to people familiar with the transaction. Read more on this story fromBloomberg here-------------------------------------...

The following is the text of the Federal Reserve Board’s Fourth District -- Cleveland. Read more on this story fromBloomberg here------------------------------------------You can instantly receive news updates like this via the RSS feedfor the main blog on our website.On our blog we share more in...