NEW YORK CITY—As the payoff rate for maturing CMBS continues to decline, Morningstar sees troubles continuing for securitized loans that were underwritten with overly optimistic cash flow assumptions in 2006 and 2007.

CINCINNATI—CEO Terry Lundgren says that moving forward in a fast-changing world "involves doing things differently and making tough decisions as we position ourselves to serve customers who have high expectations of their favorite stores, online sites and apps."

LOS ANGELES—Reports from Avison Young and Lee & Associates note that a handful of the largest office markets account for the lion's share of new construction.

NEW YORK CITY—Blackstone Real Estate Income Trust, a perpetual-life fund, will invest primarily in income-producing properties across the US, and may also target real estate-related securities.

NEW YORK CITY—The data-driven project management and procurement platform is gearing up to introduce new capabilities, while also widening its geographic reach.

SAN FRANCISCO—Gains in services jobs since the dot-com boom have allowed the industry to diversify beyond the top 10 markets, although those markets still accounted for more than a third of tech job growth in 2015, says JLL.

JACKSONVILLE, FL—With product offerings that range from consumer lending to commercial mortgages, EverBank has $27.4 billion in assets and $18.8 billion in deposits.

MCLEAN, VA—The GSE's new program builds on its Green Rebate program introduced last year for multifamily borrowers that provide Energy Star scores with their loan documents. Freddie Mac's Peter Giles provides a look behind the scenes.