Richmond (Va.) Times-Dispatch, Oct. 16, 2017–Andrew LittleAfter taking a short breather earlier in the year, commercial real estate markets are growing again. Leading the resurgence is a stable and healthy conduit market producing loans at a pace not witnessed in three years.
Category: Top National News
What Is the True Number of Store Closings for 2017?
National Real Estate Investor, Oct. 13, 2017–Donna Mitchell The two schools of thought on retail store closures seem very far apart.
The State of the Debt Market for Commercial Real Estate
Real Estate Weekly, Oct. 5, 2017–Steven Kohn2017 continues to be a great year to be a borrower, Cushman & Wakefield Vice Chairman Steven Kohn said. “Financing is readily available at virtually all leverage levels at attractive pricing.”
Renters Think the Housing Market is Finally Loosening Up…
CNBC, Oct. 10, 2017–Diana OlickThe Mortgage Bankers Association reported credit availability increased in September.
Manhattan Office Leasing Jumps on Financial-Sector Hiring
Wall Street Journal, Oct. 8, 2017–Keiko Morris (subscription)Manhattan office leasing kicked into high gear in the third quarter as financial services jobs surpassed prerecession levels in August, but new construction kept rental increases low, according to new statistics released by real estate services firm JLL.
Why Commercial Real Estate Lending by Big Apple’s Home-Grown Banks Is Down
National Real Estate Investor, Oct. 5, 2017–Ely RazinWhy are these Big Apple lenders cutting back on their commercial real estate financing activity?
Investors Look for Bargains in Undervalued Markets
National Real Estate Investor, Oct. 4, 2017–Beth Mattson-TeigProperty values have surged steadily higher in the prolonged recovery. But that high tide isn’t raising all boats as some metros are still falling short of 2007 pricing.
Predicting the Death of the Mall, One J.C. Penney at a Time
Bloomberg, Oct. 11, 2017–Rachel Evans, Claire BostonData analysis firm System2 identified an additional 197 J.C. Penney stores at risk of closing after the embattled retailer announced plans to shutter as many as 140 shops. System2 LLC said the outlets–from San Bernardino, Calif. to an Omaha, Neb. suburb–have a 64-plus percent likelihood of closing.
Institutional Investors Develop Bigger Appetite for Debt Funds
National Real Estate Investor, Oct. 11, 2017–Beth Mattson-TeigCapital flowing into private equity debt funds has been steadily rising for the past three years.
Investors Pile Into Emerging-Market Real Estate
Wall Street Journal, Oct. 3, 2017–Peter Grant (subscription)Investors are showing more interest in commercial real estate in Asia, South America and other emerging markets, where growth trends and the lure of outsize returns overshadow the additional political and financial risks these regions can pose.