New York Law Journal, Jan. 20, 2016–Reilly Jr., Richard; Steiner, Jeffrey Beginning in 2014, collateralized loan obligation transactions consisting of underlying pools of commercial real estate mortgage loans re-emerged as a financing alternative for sponsors of platforms that originate CRE loans.
Category: Top National News
Good Times, Redefined
National Real Estate Investor, Jan. 25, 2016–Mellen, Chris
These are good times, redefined, brought into high-definition, so to speak, in three areas directly impacting commercial real estate: the nature of opportunity, the oddity of our economy and the growing threat of terrorism.
Canadian Real Estate Feels the Love From Foreign Buyers
Reuters, Jan. 25, 2016–Lampert, Allison; Mouallem, Omar Foreign investors are snapping up ski chalets and commercial properties in Canada as a drop in the nation’s sagging currency in the past two years means their money buys much more.
A Forward Look at Retail Construction
National Real Estate Investor, Jan. 21, 2016–Steinberg, Michael; Byrne Denham, Barbara
With some modest improvement in the outlook for wage growth starting to materialize, the outlook for discretionary spending and thus demand for retail space should be brighter in 2016 than at any point in time since before the recession.
Barclays Predicts Turbulence for Office, Retail REITs in 2016
The Real Deal (New York), Jan. 26, 2016–Mashayekhi, Rey
Barclays has predicted “turbulence ahead” for U.S. real estate investment trusts in 2016, downgrading the likes of Vornado Realty Trust, General Growth Properties and Rouse Properties and citing headwinds like “rising interest rates” and “geopolitical uncertainty.”
Life Cos.’ Mortgage Returns Rebound
GlobeSt.com, Jan. 15, 2016–Bubny, Paul
Returns on commercial mortgage loans held by life insurance companies made a strong recovery in the third quarter, LifeComps said Friday.
Lending Grows as Commercial Mortgage Market Stabilizes
Crain’s Detroit Business, Jan. 17, 2016–Pinho, Kirk
Some real estate finance experts predicted turbulent seas ahead two years ago, expecting a wave of defaults on commercial mortgages issued during the free-lending heyday in the mid-2000s. But it appears as though the choppier waters have subsided.
Fed Almost Certain to Keep Interest Rates Unchanged at Next Meeting
Wall Street Journal, Jan. 15, 2016–Hilsenrath, Jon
Federal Reserve officials, facing an economic jumble as 2016 begins, will almost certainly keep short-term interest rates steady at a policy meeting this month and turn their focus toward a potential cliffhanger decision about whether to lift them when they gather again in March.
Manhattan Packing More Workers into Less Office Space
Bloomberg, Jan. 14, 2016–Levitt, David M.
Companies are seeking to pack more workers into smaller spaces, a trend that’s having an impact on office occupancy in Manhattan.
Auction.com Rebrands as Ten-X, the ‘Future of Real Estate’
Housing Wire, Jan. 11, 2016–Lane, Ben
When Real Estate Disposition rebranded itself as Auction.com in 2011, the company led a migration of distressed property auctions online. Since then, the company has expanded its distressed property auction business in both residential and commercial sales and recently became a desired portal for traditional real estate sales as well.