NEW YORK CITY—“We expect CMBS delinquency to be in the 5.6% to 6.1% range by the end of 2015,” roughly in line with the unemployment rate, Standard & Poor's says.

AUSTIN-- A joint venture between Dallas-based The Rainier Cos. and Birmingham, Ala.-based Harbert Management Corp. (HMC) has purchased Southpark Meadows III, a 257,988-square-foot class A super-regional power center, for an undisclosed price.

MIAMI—With the flood of capital coming into the multifamily sector, where do tertiary markets rank on the investor radar screen? That was one topic of discussion at RealShare Apartments East last week in Miami.

CONSHOHOCKEN, PA–Keystone Property Group has relocated its offices to SORA Conshohocken at 125 East Elm Street from its former headquarters in Bala Cynwyd. Keystone recently acquired SORA, a multifaceted transit-oriented redevelopment initiative located in the gateway of Conshohocken.