Category: Top National News

World Property Journal, Apr. 1, 2016–Rachid, Monsef
According to the Mortgage Bankers Association’s latest Commercial/Multifamily DataBook, the fourth quarter was the fourth highest quarter for borrowing and lending on record.

Bloomberg, Apr. 1, 2016–Fickling, David; Gopalon, Nisha
Get over your shock that Anbang Insurance dropped its $14 billion takeover offer for Starwood Hotels. It’s more surprising that the proposal got so far in the first place.

Bloomberg, Apr. 1, 2016–Levine, Matt
The MetLife decision counts as a loss for the post-crisis system of trying to create systemic stability by prudentially regulating (and/or shrinking) too-big-to-fail firms. The GE application surely counts as a victory.

Reuters, Apr. 1, 2016–Wiltermuth, Joy
Deutsche Bank and JPMorgan stripped out non-bank collateral on their latest commercial mortgage bond before it was sold to investors, winning favor with the simpler structure in a market scarred by volatility and regulatory pressures.

Wall Street Journal, Mar. 31, 2016–Mann, Ted
General Electric Co. formally asked to be released from supervision by the Federal Reserve on Thursday, saying it has sufficiently shrunk its once-massive financial services arm so it would no longer pose a systemic threat to the financial system.

Forbes, Apr. 6, 2016–Razin, Ely
We can reasonably expect MetLife’s commercial real estate lending to increase in the medium-to-long term by reducing the government-imposed capital requirements required of systemically important financial institutions.

HousingWire, Mar. 29, 2016–Swanson, Brena
All eyes were on Federal Reserve Chair Janet Yellen during her speech to the Economic Club of New York to see if she would give any insight on when the Fed would raise interest rates.

Wall Street Journal, Mar. 28, 2016–Jamerson, Joshua
The battle for Starwood Hotels & Resorts Worldwide Inc. continued Monday as the group led by China’s Anbang Insurance Group Co. increased its bid for the hotelier to $14 billion, raising the stakes in the high-profile bidding war with Marriott International Inc.

Bloomberg, Mar. 28, 2016–Yu, Hui-Yong
Next month’s auction for the Plaza Hotel in Manhattan was canceled after the holders of the mortgage reached a deal to give the borrowers more time to sell the property and pay back the loan.

CNBC, Mar. 28, 2016–Insana, Ron
The StreetEasy Blog, which tracks New York real estate markets, notes that expensive apartments are sitting idle for roughly 90 days before being sold, the longest “time on market” since January 2013.