With investors flocking to the safety of US Treasury bonds and benchmark interest rate hikes on hold, a ‘flight to quality’ into US CRE seems inevitable US lenders and analysts are eyeing a post-Brexit ‘flight to quality’ as investors seek the stability of US assets, currency and government (though the presidential election raises some serious […]
The banks haven’t exactly ‘pulled back’ from commercial real estate lending, but they have shifted focus. And that’s not a bad thing… “The banks are pulling back due to regulations” seems to have become part of the accepted CRE finance lexicon. The only problem is that, on the whole, based on facts and comments from […]
CRE multifamily lenders are shifting focus amid new Federal Housing Finance Agency regulations and increased demand for affordable housing Commercial real estate lenders are looking to ramp up the financing of lower-to-moderate income multifamily housing in 2016 as agency lenders see their lending caps increased and the high-end condo and rental markets, particularly in gateway cities […]
There is talk of ‘recovery’ in the latest De Montfort report, but 2016 could set things back We’re so used to hearing words such as “constraint”, “retrenchment” and “retreat” in relation to the banks, that when a word like “recovery” is used, it prompts a double take. But that was the word quite justifiably […]
The high-profile White Tower case may have been dropped, but not before a nail-biting 16-day tutorial on the rigors of attempting to prove negligence in property valuations. The UK litigation case brought by White Tower, which alleged negligence against valuer Colliers, was dramatically dropped in its last stages last week with an agreement that each side would […]
Despite some blunt assessments on the outlook for CMBS, room for optimism remains as spreads chart impressive reversal. As I walked the floor at CREFC’s High Yield & Distressed Realty Assets Summit in Manhattan back in March, I recall distinctly how one industry acquaintance bluntly summarized the mood of the event: “This is depressing, isn’t it?” […]
As market conditions cause several REITs to sell off properties, lenders can reap the benefits. But for a limited time only. Even though real asset values in the US have remained strong, the stock value of REITs — tied to the rocky global markets — has dropped. US commercial real estate property prices were […]
“The UK property market has been seriously dysfunctional for some time”. This was the attention-grabbing assertion made by InvestSure chief executive officer (CEO), Janine Lewis, upon the launch of the new online financing platform earlier this week.
By Al Barbarino For many of us who grew up in suburban America, the local shopping mall conjures nostalgic thoughts of childhood. The Camillus Mall in the suburbs of Syracuse, New York had one of those centerpiece water fountains filled with loads of coins. I remember gazing into its shallow pools as a kid, the coins glistening underwater, thinking […]
By Justin Slaughter A well paid tech workforce streaming in from neighboring Silicon Valley is the latest Gold Rush to hit the city of San Francisco. With companies like Facebook, Google and Apple sponsoring private luxury coach buses that shuttle their employees down Highway 101 to work and back, thousands of tech workers are shunning […]