With news that One World Trade Center (1 WTC) in downtown Manhattan may be up for sale comes a financing opportunity of massive proportions.
Last Wednesday, 31 August, a JetBlue Airways flight left Fort Lauderdale, Florida and landed at an airport east of Havana, Cuba, marking the first US commercial passenger flight to the Caribbean island nation in over five decades.
CRE sustainability initiatives protect lenders against risk while helping to reduce the environmental impacts of commercial buildings.
Starwood, which is led by Barry Sternlicht (pictured), is said to have been pondering whether to re-brand its real estate loan servicing and advisory businesses, LNR and Hatfield Philips International (HPI), ever since it acquired them in 2013.
New data shows that UK property values have fallen, but lenders are keeping their cool during the summer slowdown.
Lenders and developers fueled a record amount of new student housing supply in the US, but the drop in student enrollment should be a cause for concern Student housing has seen a record amount of new supply enter the market each fall for several years now, much of which is considered class A product, according […]
Until now developers have sought to capitalize on the greater returns offered by the residential market, but the landlords’ market is turning as prices and rents level off.
Amid the continuing uncertainty following the UK’s vote to leave the EU, LaSalle has put its best foot forward. Will others follow? News this week that LaSalle Investment Management (LaSalle) had put together a £110 million debt package to support a housing scheme in London’s Finsbury Park may have raised a few eyebrows. After all, in […]
Regulators are proposing more lenient capital treatment for ‘safe, transparent and comparable’ types of securitisation. CMBS does not appear to have made the cut. Last week, the Basel Committee on Banking Supervision published updated proposals intended to define ‘safe, transparent and comparable’ (STC) forms of securitisation. CMBS was not explicitly excluded, but it seems apparent […]
The MBA’s $500bn forecast for US loan originations this year is plausible, but the odds are stacked against its predictions for record years in 2017 and 2018 The Mortgage Bankers Association (MBA) has forecast $500 billion in US commercial real estate loan originations for 2016, just shy of last year’s $504 billion and not far […]