Commercial Loan Delinquencies Stay Down

Scotsman Guide, June 7, 2016–Whitman, Victor
Delinquency rates for commercial loans  held steady at low levels in the first quarter, while the number of troubled loans held in the much-watched category of commercial mortgage-backed securities fell steeply, the Mortgage Bankers Association reported.

Has CRE Reached an Inflection Point?

Multi-Housing News, June 7, 2016–Fiorilla, Paul
The author, with Yardi Matrix, said while it appears that the rapid expansion in commercial real estate could be exhausted and the market is likely to see a pause in the run of pricing and deal flow, it’s also hard to see what would cause the kind of deep meltdown we experienced in the last cycle.

Opinion: Why U.S. Interest Rates Will Stay Low Forever

MarketWatch, June 7, 2016–Reeves, Jeff
The reality is that expectations about rate hikes have been too aggressive. Like clockwork, policymakers and pundits predict higher rates in the medium-term–and they are always proven wrong.

REIT Surprise: How Real Estate Crushed the Stock Pickers

Wall Street Journal, June 8, 2016–Brown, Ken
Real estate investment trusts are by far the best-performing asset class in the market over the past 15 years, but most actively managed funds have largely ignored these stocks.

Here’s Why You Should Start Investing in Single-Family Rentals

HousingWire, June 8, 2016–Swanson, Brena
The single-family rental market comprises 13% of all occupied housing and 37% of the total rental market and is only poised for more growth from here, a white paper from the National Rental Home Council said.

Blackstone Said Planning $1.1 Billion European Hotels Sale

Bloomberg, May 27, 2016–Fahmy, Dalia; Callahan, Neil
Blackstone Group LP, the world’s biggest private-equity property investor, is said to plan to sell hotel buildings in London, Dublin and Amsterdam for 980 million euros ($1.1 billion).

Fed’s Bullard Says Global Markets Seem Well-Prepared for Summer Rate Hike

Reuters, May 30, 2016–Kim, Christine; Lee, Se Young St. Louis Federal Reserve President James Bullard said on Monday global markets appear to be “well-prepared” for a summer interest rate hike from the Fed, although he did not specify a date for the policy move.

Boston Housing is Expensive, But It’s Not San Francisco

Boston Globe, May 31, 2016–Horowitz, Evan 
If you live near Boston, you already know that housing is expensive. Rents and mortgages eat up a growing share of middle-class incomes. And among the poor, affordable housing is as rare as it is essential.

First Hudson Yards Tower Set to Open

Wall Street Journal, May 31, 2016–Morris, Keiko 
At 52 stories, the glass-and-concrete skyscraper on Manhattan’s far West Side has been detailed in dozens of glossy renderings and constructed in miniature for tabletop models. Now, the first building in the massive Hudson Yards project is finally to scale and ready for business.