Reuters, June 27, 2016–Lawder, David
U.S. Treasury Secretary Jack Lew said on Monday that policymakers in Britain and other European nations and elsewhere should use all available tools, including fiscal and monetary policy and structural reforms, to boost global demand in the aftermath of the U.K. vote to leave the European Union.
MarketWatch, June 23, 2016–Ouyang, Xuanyan
U.S. bank officials said Thursday the Basel III reforms are too complex and do not align with reality in the United States. The complaints about the international regulatory framework came before the Senate Banking Committee.
National Real Estate Investor, Jun 23, 2016–Mitchell, Donna Commercial real estate professionals have been wondering how the market would deal with the wave of commercial mortgage debt maturing in the next year and a half, particularly at a time when lending standards are considerably more conservative than they were 10 years ago.
Politico, June 23, 2016–Nelson, LouisThe U.S. economy is safer and more stable now than it was seven and a half years ago, President Obama said this week in an interview with Bloomberg published on Thursday–and one of the reasons is that the financial industry is smaller, with less “froth.”
Wall Street Journal, June 23, 2016–Gamerman, Amy
Boston–a city with a Puritan back story and an ingrained suspicion of glitz, where a well-preserved Back Bay townhouse has long been the gold standard of top-tier real estate–is embracing the designer high rise. Shiny residential towers are sprouting up across Beantown’s once drab and neglected precincts, emblems of Boston’s boom and its growth as a bigger, more international city.
CNBC, June 28, 2016–Cox, Jeff
Not long ago the Federal Reserve told markets to expect as many as four interest rate hikes this year. Now, traders are beginning to give serious consideration to a rate cut before 2016 is over.
Blooomberg, June 21, 2016–Torres, Craig; Smialek, Jeanna The Federal Reserve warned that prices in the commercial real-estate market may have run up too far too fast.
Wall Street Journal, June 21, 2016–Fung, EstherThe real-estate investment trust industry, which has gotten high marks in recent years for adopting compensation programs that investors like, has suffered a bit of slippage in 2016.
World Property Journal, June 20, 206–Gerrity, Mike
According to the Mortgage Bankers Association, commercial and multifamily mortgage debt outstanding increased by $35.3 billion in the first quarter, as three of the four major investor groups increased their holdings. That is a 1.2 percent increase over the fourth quarter.
AZ Big Media, June 17, 2016–Gossie, Michael
Looking at the commercial real estate financing industry is like looking at statistics: There can be several different interpretations. If you look at the numbers from 2015, commercial and multifamily mortgage bankers closed $503.8 billion in loans, according to a report from the Mortgage Bankers Association.
