National Mortgage Professional, Mar. 2, 2017–Phil HallThe delinquency rate for U.S. commercial real estate loans in commercial mortgage-backed securities reached 5.31 percent in February, up 13 basis points from January, Trepp reported.
Category: Top National News
Offices Drive CMBS Delinquency to 18-Month High
Mortgage Daily, Mar. 2, 2017Deterioration in office loan performance droved delinquency on securitized commercial real estate loans to an 18-month high.
Which Properties Are New York City Loans Going To?
National Real Estate Investor, Feb. 27, 2017–Ely RazinWhere exactly are New York City’s top 10 commercial real estate lenders putting their money?
Massive Single-Family Rental Merger: Tricon Capital to Acquire Silver Bay Realty Trust for $1.4 Billion
HousingWire, Feb. 28, 2017–Ben LaneIn a deal that will shake up the single-family rental industry, Tricon Capital Group announced this week that it plans to acquire Silver Bay Realty Trust in a $1.4 billion deal that will create one of the country’s largest operators of single-family rental homes.
President Trump: Dodd-Frank Keeps Banks from Lending
HousingWire, Feb. 27, 2017–Kelsey RamirezOn Friday President Donald Trump continued his criticism of the Dodd-Frank Wall Street Reform and Consumer Protection Act, saying that the law prevents banks from lending.
After Strong 2016, Commercial Lenders Prepare for a Slightly Better 2017
Real Estate Business Online, Feb. 23, 2017–Kristin HillerMortgage bankers are fresh from one of the strongest years in originations in an era that shows few signs of a slowdown attendees at the MBA CREF Conference said.
Life Companies End 2016 Strong, Positive on Class B Apartments and Industrial
Commercial Observer, Feb. 23, 2017–Danelle BalbiLife insurance lenders had a great year–at least that’s what it seemed like if you sat in on “The Future of Life Companies in Commercial Real Estate Panel” at the Mortgage Bankers Association 2017 CREF/Multifamily Housing Conference.
Growth Predicted for Commercial Mortgage Lending in 2017
Urban Land, Feb. 27, 2017–Orest MandzyLast year, $502 billion in commercial mortgages was originated, down slightly from the $504 billion originated the year prior and well shy of the $537 billion that the Mortgage Bankers Association had predicted.
Seventh Inning Market Cycle Stretches On, And On
National real Estate Investor, Feb. 28, 2017 Beth Mattson-TeigThe current growth phase is proving to be the energizer bunny of real estate market cycles, and it appears that there is still plenty more power to keep it going.
Gone Shopping: Retail Sales Surged in January
USA Today, Feb. 15, 2017–Paul DavidsonAmericans splurged in January as retail sales picked up sharply despite fewer car purchases, and a core reading was strong.