Bloomberg, Mar. 27, 2017–Matthew BoeslerFederal Reserve Bank of Chicago President Charles Evans said two interest-rate increases may be the right amount of tightening for the U.S. economy this year given uncertainty surrounding the outlook for inflation and government spending.
Category: Top National News
Deutsche Bank Biggest Commercial Property Lender in New York
Financial Times, Mar. 27, 2017–Alistair Gray (Subscription)Deutsche Bank has become the biggest commercial property lender in New York City, expanding real estate financing more than a third even as rivals step back in the face of scrutiny from regulators concerned about a bubble.
Biggest Commercial Mortgage Originators
Mortgage Daily, Mar. 23, 2017Wells Fargo & Co. originated 6,928 commercial mortgages during 2016 that had an aggregate principal balance of $65.394 billion, the Mortgage Bankers Association reported.
NYC Real Estate Lending Dropped 17% In 2016
Forbes, Mar. 27, 2017–Samantha SharfLending for New York City real estate projects was down in 2016, particularly in the multifamily sector as the rental apartment market wavers.
Morgan Stanley: The Bull Market in Commercial Real Estate is About to End
Business Insider, Mar. 27, 2017–Akin OyedeleThe commercial real estate market is showing cracks and will peak this year, Morgan Stanley analysts forecast.
Jonathan Chassin on His New Gig, Nonbank Lenders and Joe Moinian
Commercial Observer, Mar. 17, 2017–Cathy CunninghamLast month, The Moinian Group officially launched its lending arm, Moinian Capital Partners, with the hiring of Jonathan Chassin.
CRE Sector Adjusts to Rising Interest Rate Environment
National Real Estate Investor, Mar. 16, 2017–Diana BellIndustry professionals do not expect the Federal Reserve’s gradual increases to be too disruptive to commercial real estate capital markets.
Price Growth on Commercial Assets Is Showing Signs of Petering Out
National Real Estate Investor, Mar. 20, 2017Price increases for U.S. commercial real estate assets have started to moderate in recent months, perhaps as a result of the expectation of rising interest rates.
Why We Will Learn More About The Fed This Week Than Last Week
Nasdaq.com, Mar. 20, 2017–Martin TillierThis week–the week after the Federal Reserve’s rate-setting meeting–demands our attention. The Fed does not allow committee members to speak publicly about their feelings on policy for a week and a half or so after the meeting, the so-called “quiet period.”
Cities Restore Lost Streets, Local Charm After Razing Failed Malls
Wall Street Journal, Mar. 20, 2017–Jon Kamp; Scott Calvert (subscription)From Worcester, Mass., to Palm Springs, Calif., developments emerge from under enclosed shopping centers.