Category: Top National News

Wall Street Journal, Sept. 10, 2019–Craig Karmin, Konrad Putzier (subscription)A Chinese insurer has agreed to sell a luxury hotel portfolio for more than $5.8 billion. Mirae Asset Global Investments, part of a South Korean financial services company, agreed this week to buy the 15-hotel portfolio from Anbang Insurance Group Co.

Wall Street Journal, Sept. 3, 2019–Esther Fung (subscription)Amid a maturing property market cycle and rising uncertainties in geopolitics and the global economy, foreign investors have sold more U.S. commercial real estate than they bought in a quarter for the first time since 2013.

HousingWire, Sept. 3, 2019Alicia Roundy is constantly pushing the Mortgage Bankers Association to evolve from a digital marketing perspective, and widening its exposure through leadership on social media and email marketing.

MReport, Sept. 1, 2019–Brian O’ReillyWhile the public debate has often envisioned and emphasized the need for legislative action, that avenue has been, and continues to be, an uphill battle in an unprecedented partisan political landscape. (MBA mention)

Houston Business Journal, Sept. 4, 2019–Chase CribbsAs we move through the third quarter with expectations growing for another rate cut in September, it will be interesting to see how much further cap rates may compress and if commercial real estate asset prices increase, understanding that interest rates are only one of the variables that determine asset pricing.

San Jose Mercury News, Aug. 22, 2019–Allen BuchananWhether you own and occupy a building in California or lease the premises, this will affect you. A proposition on the Nov. 3, 2020 ballot could dramatically increase property taxes for commercial properties.

HousingWire, Aug. 22, 2019–Kelsey RamirezMortgage originations in commercial and multifamily surged 10% annually in the second quarter, according to the Mortgage Banker Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

Caribbean Business, Aug. 26, 2019–Jose Alvarado Vega Puerto Rico’s commercial real estate sector has the potential to be a big contributor to the island’s post-hurricane economic recovery, due to a combination of technological innovations in manufacturing and retail logistics, as well as to the disruption of global supply chains as a result of the ongoing U.S.-China trade war, said real estate economist Kiernan K.C. Conway.

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.