GlobeSt.com, Jan. 5, 2023–Lynn PollackDistressed office loans will likely “pile up” into 2023, according to experts from Trepp, who predict there will be billions in unresolved office loans by year-end.https://www.globest.com/2023/01/05/what-to-expect-from-the-cre-finance-markets-this-year/?
Category: Top National News
It’s Not Yet A Run, But Nervous Investors Are Beginning To Pull Money Out Of Commercial Real Estate
Benzinga, Dec. 31, 2022–Mark GilmanWhile specific segments of the commercial real estate market such as industrial and healthcare are performing well, others like office and retail are alarming investors.https://finance.yahoo.com/news/not-yet-run-nervous-investors-152448819.html
Multifamily Investors Face the New Year Concerned About Capital, Values
Multi-Housing News, Jan. 5, 2023–Gail KalinoskiA new year always means new opportunities for multifamily investors and developers. But this year begins with a set of challenges that were not present …
Amazon to Slash More Than 18,000 Jobs in Escalation of Cuts
Bloomberg, Jan. 5, 2023–Spencer Soper, Matt DayAmazon.com Inc. is laying off more than 18,000 employees — the biggest reduction in its history — in the latest sign that a tech-industry …
Salesforce to Lay Off 10% of Workforce, Reduce Offices
Wall Street Journal, Jan. 4, 2023–Will Feuer (subscription)Salesforce Inc. is laying off 10% of its workforce and reducing its office space in certain markets, extending a brutal period for tech …
After a Rough 2022, Publicly Traded REITs Look to Rebound
Wealth Management Real Estate, Jan. 9, 2023–David BodamerHigher interest rates and a potential recession may already be priced into real estate investment trust stocks and strong balance sheets have them …
The Year-End 2022: Caution Ahead for CRE Finance
Trepp, Commercial Real Estate Direct, Jan. 9, 2023Trepp and Commercial Real Estate Direct’s review of the data and stories from 2022 finds signs of caution ahead for the CRE finance …
Today’s Top National News
Here’s a summary of Top National News Items from major news sites and industry trade publications. To get started, click on the headline above.
Small Balance Real Estate Lenders Work to Keep Capital Flowing to Borrowers
Wealth Management Real Estate, Nov. 15, 2022–Bendix AndersonMuch like the larger capital providers, lenders in the $2M to $20M financing space have become more cautious in how they underwrite deals.https://www.wealthmanagement.com/finance-lending/small-balance-real-estate-lenders-work-keep-capital-flowing-borrowers?
CRE Lenders Search for Creative Solutions to Keep Capital Flowing
Wealth Management Real Estate, Nov 8, 2022–Beth Mattson-TeigHigher interest rates and tightened underwriting standards have created an opportunity for short-term and gap lending solutions.https://www.wealthmanagement.com/finance-lending/cre-lenders-search-creative-solutions-keep-capital-flowing?