First National Realty Acquires Grocery-Anchored Ocean County Center
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First National Realty Acquires Grocery-Anchored Ocean County Center

First National Realty Partners (FNRP) has acquired Waretown Town Center, an 87,735-square-foot grocery-anchored shopping center located in Waretown, within New Jersey’s Ocean County. This acquisition for an undisclosed sum marks Red Bank, NJ-based FNRP’s seventh shopping center in New Jersey. Waretown Town Center is…

Large Loans Drive Sectors’ CMBS Delinquency Rates Up or Down in July
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Large Loans Drive Sectors’ CMBS Delinquency Rates Up or Down in July

Large-scale loans helped drive significant credit changes in newly delinquent loans, cured loans and modified loans during July, Trepp reported. For example, the office CMBS delinquency rate rose 54 basis points last month to 8.09%, with a single loan–the $670-million…

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