National Real Estate Investor, Sept. 26, 2016
The U.S. property market landscape will likely see continued strong fundamentals, increased investor flows and high transaction volume in 2017, two analysts say.
Category: Top National News
U.S. Commercial, Multifamily Mortgage Debt Hits $2.9 Trillion in Mid 2016
World Property Journal, Sept. 27, 2016–Gerrity, Michael
Mortgage Bankers Association reports commercial and multifamily mortgage debt outstanding increased by $39.9 billion in the second quarter of 2016, as three of the four major investor groups increased their holdings.
Crowdfunded REITs Gain Momentum
National Real Estate Investor, Sept. 28, 2016–Mattson-Teig, Beth
Crowdfunding firms are stepping into the REIT space to make a bigger play for commercial real estate investor capital.
Add CRE Worries to List of Bank M&A Impediments
National Mortgage News, Sept. 16, 2016–Stewart, Jackie
Banks that are heavily involved in commercial real estate lending may shy away from buying institutions with similar concentrations.
Condominiums in Crisis: Financial Troubles Put Many Communities at Risk
Washington Post, Sept. 18, 2016–Turque, Bill
Monthly fees, the financial lifeblood of condo developments, have risen sharply as boards try to generate cash for long-deferred maintenance and to cover basic expenses. As a result, more owners can’t make their payments, and fewer prospective owners can afford to buy in.
Money Is Pouring Into Property Deals Banks Won’t Touch
Bloomberg, Sept. 19, 2016–Mulholland, Sarah; Perlberg, Heather
Heightened commercial real estate lending scrutiny paves the way for lightly regulated investors to gain a bigger toehold in lucrative deals.
S&P Real Estate Sector Rises in First Day of Trading
CNBC, Sept. 19, 2016–Imbert, Fred
There’s a new sector in the closely followed S&P 500, and it’s off to a good start.
The Federal Reserve Confronts a Possibility it Never Expected: No Exit
Washington Post, Sept. 19, 2016–Mui, Ylan Q.
Instead of executing its stimulus exit strategy–raise interest rates and shrink its balance sheet–the Federal Reserve is confronting the possibility that its temporary economic recovery measures will remain in place indefinitely.
Mortgage Applications Tank 7.3% Amid Rising Rates
CNBC, Sept. 21, 2016–Olick, Diana
Mortgage rates finally broke out of their tight range last week, and borrowers retreated in force, the Mortgage Bankers Association reported.
Why Commercial Real Estate Is Starved For Diversity
D Magazine, Sept. 9, 2016–Perez, Christine
Firms and trade associations are uniting to recruit more minorities.