The distress rate on apartment loans with CMBS financing has increased 185% year to date, according to CRED iQ. Loans in the multifamily sector began 2024 with a 2.6% distress rate—a composite of the special servicing and delinquency rates—and now…
Atrium Health is installing equipment into its new hospital in Cornelius and expects to begin accepting patients summer of 2025. Atrium Health Lake Norman will include an intensive care unit, operating rooms, a full-time emergency department and maternity services, among…
The largest economic development project in Georgia’s history will open sooner than anticipated. The official production start for Hyundai Motor Group Metaplant America near Savannah is scheduled for the fourth quarter of 2024 instead of the previously projected start in the…
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