The Real Deal, Mar. 16, 2020–Rich BockmannVolatility in real estate securities from fear over the spreading coronavirus is holding up new loans, refinancings.https://therealdeal.com/2020/03/16/cmbs-at-a-standstill-as-panic-grips-financial-markets/
Category: Top National News
Fed to Create Emergency Backstop for Commercial Debt Market
American Banker, Mar. 17, 2020–Hannah Lang (subscription)The Federal Reserve said it will use emergency authority to provide a liquidity backstop for commercial debt issuers as the coronavirus scare has raised …
Regional Mall Owners Face One of Their Toughest Weeks on Record. How Will They Cope?
National Real Estate Investor, Mar. 17, 2020–Elaine Misonzhnik Restaurant and store closings might mean some very tough decisions for regional mall landlords.https://www.nreionline.com/retail/regional-mall-owners-face-one-their-toughest-weeks-record-how-will-they-cope?
Construction Lenders Are Open For Business Amid COVID-19 Disruption
GlobeStreet, Mar. 17, 2020–Kelsi Maree BorlandWhile there is more prudence, construction projects are still moving through COVID-19 challenges.https://www.globest.com/2020/03/17/construction-lenders-are-open-for-business-amid-covid-19-disruption/?
At This Seattle CRE Shop, Leadership Is A Sister Act
Bisnow, Mar. 15, 2020–Shawna De La Rosa Sisters Erika and Anne Marie Koehler are no strangers to commercial real estate.https://www.bisnow.com/seattle/news/retail/retail-expert-sisters-take-on-cre-leadership-role-in-seattle-103182
CRE Brokers Limit Face-to-Face Meetings and Conference Attendance
National Real Estate Investor, Mar. 16, 2020–Sebastion ObandoThe rapid spread of COVID-19 is causing deals to break down and firms to cancel attending upcoming conferences. But lower interest rates are …
Fed Unveils Dramatic Measures to Ease Market Strain from Virus
Bloomberg, Mar. 12, 2020The central bank has been under increasing pressure to act as investors have been losing faith in the Trump administration’s efforts to contain the economic fallout.https://www.americanbanker.com/articles/fed-unveils-dramatic-measures-to-ease-market-strain-from-virus
WSJ Survey: Coronavirus to Trigger U.S. Economic Contraction in Second Quarter
Wall Street Journal, Mar. 13, 2020–Harriet Torry, Anthony DeBarros (subscription)Economists sharply cut forecasts for the U.S. economy this year, predicting it will contract in the second quarter and raising expectations …
Fed Unveils Dramatic Measures to Ease Market Strain from Virus
Bloomberg, Mar. 12, 2020The central bank has been under increasing pressure to act as investors have been losing faith in the Trump administration’s efforts to contain the economic fallout.https://www.americanbanker.com/articles/fed-unveils-dramatic-measures-to-ease-market-strain-from-virus
CRE Lenders Grapple with Latest FASB Rules
National Real Estate Investor, Mar. 10, 2020–Beth Mattson-TeigFinanciers adjust as the current expected credit losses methodology has begun to take effect for many players. (MBA Mention)https://www.nreionline.com/lending/cre-lenders-grapple-latest-fasb-rules?