National Real Estate Investor, Nov. 30, 2020–Beth Mattson-TeigIt is no surprise that private equity real estate funds that are normally laser focused on large institutional investors are expanding their target …
Category: Top National News
CMBS 2020 Volume Clocks in at an Eight-Year Low of $53B
GlobeSt.com, Nov. 30, 2020–Les ShaverCommercial and multifamily mortgage loan originations, including CMBS, commercial banks, life insurance companies and the GSEs, were 47% lower as of Q3 2020 compared to a …
Yellen at Treasury Could Resuscitate Fed’s Loan Programs
National Mortgage News, Nov. 24, 2020–Hannah Lang (subscription)The Trump administration has compelled the Federal Reserve to shut down the Main Street Lending Program and other facilities that aid banks’ pandemic …
A Surge of New Commercial Mortgage Opportunities Comes to Market
GlobeSt.com, Nov. 24, 2020–Kelsi Maree BorlandThe pandemic has catalyzed a wave of new investment opportunities in commercial mortgages. In the last six months, more than $6 billion in commercial mortgages …
Hotel Lending: Banks in ‘Race Against Time’
American Banker, Nov. 23, 2020–Jim Dobbs (subscription)Hospitality sector credits are coming out of forebearance just as coronavirus cases surge. Restructurings and charge-offs could mount unless vaccine distribution happens quickly enough …
For Fannie and Freddie, Big Decisions Await
Multi-Housing News, Nov. 20, 2020–Paul FiorillaJoe Biden’s victory has thrown a wrench into the Trump administration’s efforts to privatize Fannie Mae and Freddie Mac, but appointees in charge of the …
Office Markets Face Long-Haul Recovery Despite Rising Vaccine Hopes
Bloomberg, Nov. 19, 2020Lending in the US for commercial and multifamily real estate is forecast to remain below pre-pandemic levels at least through 2022 with this year’s new loans plunging …
Macy’s CEO to States: Don’t Close Us Down Again
Wall Street Journal, Nov. 19, 2020–Suzanne Kapner (subscription)Macy’s Inc., still smarting from the pandemic’s damage to its business, is lobbying states and cities not to close its department stores during …
Banks May Be Office Landlords’ New Problem Tenant
Wall Street Journal, Nov. 19, 2020–Carol Ryan (subscription)Finance companies have slowed their takeup of new space more than other sectors since the pandemic began.https://www.wsj.com/articles/banks-may-be-office-landlords-new-problem-tenants-11605782386?mod=lead_feature_below_a_pos1
Covid-19 Has Changed Shopping for Good, Retail Giants Predict
Bloomberg, Nov. 17, 2020–Leslie PattonShopping may never be the same thanks to the Covid-19 pandemic. The consumer behaviors that accelerated at the start of the virus — think digital ordering, …