Category: Top National News

Mortgage Professional America, Aug. 26, 2019–Kimberly GreenPlanning the same conference for more than two decades could put an organizing committee in a bit of a rut. Rather than featuring the same old panel discussions on industrial, multifamily, and office, however, the California Mortgage Bankers Association organizing committee behind the annual Western States Commercial Real Estate Finance conference listened to their members on the ground.

National Real Estate Investor, Aug. 20, 2019–Beth Mattson-TeigLife insurance companies have maintained a steady appetite for commercial real estate debt over the past several years. And some see recent interest rate volatility as an opportunity to edge out the competition.

Bloomberg, Aug. 14, 2019–Janet FreundU.S. department store stocks cratered Wednesday after Macy’s cut its annual outlook, fueling the worst trading day for the index since the last time the Bloomingdale’s parent slashed its forecasts in January.

National Real Estate Investor, Aug. 8, 2019–Liz WolfThe $5 billion American Dream mall project in New Jersey is betting big on entertainment components. Can it succeed?

National Mortgage Professional, Aug. 9, 2019–Phil HallFHA’s Section 220 Program insures lenders against loss on mortgage default and has been used for urban rental housing in areas targeted for overall revitalization. HUD’s announcement expands eligibility of mortgages insured under this program to all 8,764 Opportunity Zone localities, including those in rural areas.

Wall Street Journal, Aug. 14, 2019–Esther Fung (subscription)Commercial property prices in major cities around the world tumbled in the second quarter amid signs of slower global growth and heightened trade tension between China and the U.S., said Real Capital Analytics.

Forbes, Aug. 14, 2019–Elie ReiderAs the real estate cycle lengthens and property prices continue to rise, many commercial real estate professionals across the country are finding it challenging to identify value-add acquisition opportunities. One of the few exceptions to this rule is workforce housing.

Bloomberg, Aug. 7, 2019–Laruen Coleman-Lochner, Eliza Ronalds-HannonMall landlords accustomed to offering rent reductions to ailing retailers are mulling a new strategy to forestall the industry’s collapse: positioning themselves as lenders to tenants struggling to stay afloat.

Reuters, Aug. 5, 2019–Ann SaphirU.S. banks left loan standards unchanged on commercial and industrial loans to large and mid-sized firms during the second quarter, even as they eased standards on such loans to smaller firms and eased most terms for all size firms, according to a survey of bank officers published on Monday.

Commercial Observer, Aug. 5, 2019–Chava GourarieDecron Properties has been in the business long enough to have seen several up-and-down cycles. After the 2009 recession, David Nagel, the firm’s president and CEO, was determined to learn a lesson from the upheaval.