‘Problem’ Loans Create a Drag on CMBS Refinancing

National Real Estate Investor, Nov. 2, 2016–Mattson-Teig, Beth
Many high-leverage commercial mortgage-backed securities loans are searching for refinancing capital while the CMBS market is battling its own liquidity crunch.

Wave of Maturing Loans Drives Up CMBS Delinquency

Mortgage Daily, Nov. 2, 2016
Loans that are included in commercial mortgage-backed securities had a 30-plus day delinquency rate of 4.98 percent as of Oct. 31.

CRE Standards Tighter as Residential Demand Up

Mortgage Daily, Nov. 7, 2016
Fed Senior Loan Officer survey says banks report lending standards on commercial real estate loans have recently been more restrictive. On the residential lending side, demand is on the increase.

Mall Landlords Dive Deeper Into Retail Assets

Wall Street Journal, Nov. 8, 2016–Fung, Esther
The largest mall and strip center landlords in the U.S. are trying to combat a wave of store closures by dipping into their own pockets.

Life Companies Shift Focus for New Year

Colorado Real Estate Journal, Nov. 9, 2016–Salzman, Michael
Life companies expected a busy 2016, but when commercial mortgage-backed securities interest rates rose, life companies seized the opportunity to invest loan dollars at relatively attractive yields.

U.S. Mall Investors Set to Lose Billions as Retail Gloom Deepens

Reuters, Oct. 21, 2016–Lash, Herbert; Wiltermuth, Joy 
The shift to online shopping that has crushed U.S. department stores in recent years now threatens the investors who a decade ago funded the vast expanse of brick-and-mortar emporiums that many Americans no longer visit.