Commercial Property News Archive for 09-Dec-2006

Chubb plans buyback of up to 20M shares (Asbury Park Press)

Chubb Corp., an insurer of commercial property and high-end homes, said it plans to buy back as many as 20 million shares, or 4.9 percent of the total outstanding.

Fitch: U.S. CMBS Loss Severities Vary, But Overall Continue To Decline (Business Wire via Yahoo! Finance)

CHICAGO----U.S. commercial property market fundamentals remain strong and are likely to translate to lower loss severities for U.S. CMBS. While overall CMBS Loss severity continued to decline, results varied by resolution type, property type and vintage, according to Fitch Ratings' latest U.S.