National Real Estate Investor, May 3, 2017–Beth Mattson-TeigThere is still plenty of capital available for retail-sector acquisitions, refinancing and even value-add redevelopment and new construction. But lenders are putting deals under the microscope and borrowers are finding that some projects are a tough sell.
Category: Top National News
VR Headsets are Putting the ‘Real’ in Real Estate
New York Post, Apr. 25, 2017–Lois Weiss New technology and cutthroat competition for tenants have infused commercial real estate projects in New York and beyond with a hefty dose of virtual realty.
Retailers Are Going Bankrupt at a Record Pace
Bloomberg, Apr. 24, 2017–Kim BhasinIn a little over three months, 14 chains have announced they will seek court protection, according to an analysis by S&P Global Market Intelligence, almost surpassing all of 2016.
Trump’s Industry, Real Estate, Poses Hurdle to Tax Overhaul
New York Times, Apr. 22, 2017–James B. StewartPresident Trump has promised a sweeping tax plan, arriving in the days ahead, that will be “bigger, I believe, than any tax cut ever.” It will aim to bring down individual and corporate rates, simplify the overall tax code and unleash economic growth. But there is a major roadblock to that fundamental change, and it comes from a sector well known to the president: the real estate industry.
Concern Over Manhattan’s One Vanderbilt Project Grows
Wall Street Journal, Apr. 25, 2017–Peter Grant (subscription)With the Manhattan office market showing signs of softening, some analysts are expressing more concern about the leasing outlook for one of the most high profile new developments in the city: SL Green Realty’s 1.7 million square foot tower next to Grand Central Terminal.
How is the CRE Industry Adapting to the Emergence of Fintech Solutions?
National Real Estate Investor, Apr. 26, 2017–Beth Mattson-Teig For sales and financing, technology allows for faster and broader market reach, meaning you have the ability to get to multitudes of investors and lenders.
Financing Industrial: PGIM Real Estate Finance CIO Talks Discipline, Disruption
Commercial Property Executive, Apr. 21, 2017–Sanyu KyeyunePGIM Real Estate Finance CIO and Senior Portfolio Manager Paige Hood shares his views on market volatility, discipline and potential opportunities and challenges that will affect commercial real estate finance and investment.
Commercial Mortgages: Debt Funds Seek to Fill a Void
Richmond (Va.) Times-Dispatch, Apr. 17, 2017–Andrew Little Debt funds–non-bank lenders formed with contributed equity from institutional investors–are seeking to fill the void left as bank lenders have dialed back their leverage levels.
Trade Groups in Effort to Fix Bank Lending Rules
Multi-Housing News, Apr. 14, 2017–Paul FiorellaProposed legislation would maintain high-volatility commercial real estate’s higher capital charges, but clarify which loans are subject to the rules.
Office Market Swings in Tenants’ Favor
Wall Street Journal, Apr. 18, 2017–Peter Grant (subscription)The U.S. office market became more tenant-friendly in the first quarter in many big cities as a seven-year expansion slowed, said Cushman & Wakefield.