Wall Street Journal, Jan. 24, 2017–Fung, EstherMall landlords are increasingly walking away from struggling properties, leaving creditors in the lurch and posing a threat to the values of nearby real estate.
Category: Top National News
Tozer Recounts Time as President of Ginnie Mae
Mortgage Daily, Jan. 23, 2017–Sam GarciaAs he prepared to leave his post along with the rest of the Obama administration, the former president of Ginnie Mae talked about his wild ride over the past seven years.
Five Alternative Asset Trends for 2017
National Real Estate Investor, Jan. 23, 2017–Diana BellAlternative assets remained in the spotlight in 2016, attracting increased investor attention and delivering outsized returns compared to core property types.
Credit Suisse Gets New Head of Commercial Real Estate Finance
Reuters, Jan. 23, 2017–Joy Wiltermuth Matthew Masso has been tapped by Credit Suisse to head the commercial real estate finance group, replacing former chief Mark Brown.
Who Will the Big New York Lenders Be in 2017?
National Real Estate Investor, Jan. 25, 2017–Razin, ElyCommercial real estate is typically seen as a pretty safe bet–and New York City as a pretty stable place to make that bet. So who will the big New York City lenders be in 2017?
Republicans May Change Tax Code to Make Property Swaps Less Attractive
Washington Post, Jan. 25, 2017–Harney, Kenneth The small-scale owners of millions of rental homes, parcels of investment land and income-producing commercial and business real estate may not know it, but one of their key financial planning and tax tools is in danger of disappearing on Capitol Hill.
U.S. Top Court Rejects Banks Over LIBOR Antitrust Lawsuits
Reuters, Jan. 17, 2017–Hurley, Lawrence
The U.S. Supreme Court on Tuesday allowed private antitrust lawsuits brought by investors accusing major banks of conspiring to manipulate the pivotal LIBOR benchmark interest rate to move forward.
Property Supply Hasn’t Kept Pace With Popularity of Real-Estate Funds
Wall Street Journal, Jan. 17, 2017–Patnaude, ArtInvestors are piling money into real-estate funds-but fund managers are finding it a challenge to spend it.
Mall Owners Find Relief From Unlikely Source: Online Retailers
Wall Street Journal, Jan. 17, 2017–Fung, Esther; Smith, Jennifer
Vacant space in malls is being filled by stores used for pickup and returns of goods bought online, and by online merchants looking to reach new customers.
Ted Tozer, Steward of Ginnie Mae for 7 Years, Departing
National Mortgage News, Jan. 13, 2017–Passy, Jacob
As president of the secondary marketing agency, Tozer has helped the mortgage market to continue functioning and keep up with changes following the financial crisis. The incoming Trump administration has not yet picked a successor.