Reuters, May 9, 2016–Saphir, Ann
Minneapolis Federal Reserve Bank President Neel Kashkari on Monday signaled his support for the cautious and patient approach to rate hikes laid out by Fed Chair Janet Yellen, saying the current stance of monetary policy is “about right.”
Bloomberg, May 6, 2016–Molla, Rani
On Aug. 31, major market indices will no longer bundle REITs inside of “financials” as an industry classification. Instead, they will reside in a new category called, surprise, surprise, “real estate.”
The Real Deal New York, May 11, 2016–Brenzel, Kathryn
Panelists at Weiser Mazars’ Commercial Real Estate Summit panel focused on the volatility of the market and the slowdown in certain construction financing. Banks are pulling back, leaving non-traditional lenders to fill the gap.
National Mortgage News, Apr. 29, 2016–Passy, Jacob
Commercial and multifamily mortgage loan originations barely budged overall during the first quarter when compared to the same period last year, according to the Mortgage Bankers Association.
Wall Street Journal, Apr. 29, 2016–Zumbrun, Josh
By the middle of 2015, the baby boom was finally eclipsed in size by the generation known as millennials-the people born in most of the 1980s and 1990s. But within the next few years, the baby boomers are likely to also be overtaken by the generation of people born after the millennials in the early years of the 21st century. In a brief span, the baby boomers will fall from America’s largest generation to No. 3.
National Mortgage Professional, Apr. 28, 2016–Hall, Phil
The first quarter of this year was something of a dud for commercial and multifamily originations, according to new data from the Mortgage Bankers Association.
Forbes, Apr. 28, 2016, McGraw, Tanner
Startup business may be a bit of an enigma to many CRE brokers, but there’s a lot of upside potential: repeat business as companies grow, a community for referrals and the competitive edge that comes from gaining expertise in an underserved sector.
Commercial Observer, Apr. 27, 2016–Knakal, Robert
The dynamics in the broader New York City investment sales market for the last six months have looked like the quintessential beginning of a market correction. What has been surprising this time around is the relative strength of the office sector.
Reuters, Apr. 27, 2016–Dunsmuir, Lindsay; Lange, Jason
The Federal Reserve held interest rates unchanged on Wednesday and while it left the door open to a hike in June, its statement implied that it was in no hurry to follow on from its December rate rise.
National Mortgage Professional, May 3, 2016–Hall, Phil
The challenges facing renters remained considerable, according to a pair of new data reports.
