National Mortgage News, Dec. 18, 2015–Collins, Brian
Federal regulators are concerned about credit and interest rate risk on apartment and other multifamily loans – and warning lenders that they need to be cautious.
Category: Top National News
How EB-5 Got a Surprise One-Year Reprieve
National Real Estate Investor, Dec. 21, 2015–Mattson-Teig, Beth
EB-5 has been a hotly debated topic in Congress for the past six months as some legislators proposed changes that would significantly revamp the 25-year old investment program.
U.S. Banking Regulators Step Up Rhetoric on Commercial Real-Estate Loans
Wall Street Journal, Dec. 20, 2015–Tracy, Ryan
U.S. regulators sent a strong signal to bankers that they are preparing to crack down on risky commercial real-estate lending, threatening to force banks to raise capital if necessary as they scrutinize the loans next year.
Developers Cut $5 Billion Deal With Lenders, Tenants to Finance Hudson Yards
Wall Street Journal, Dec. 11, 2015–Grant, Peter
Hudson Yards, a sprawling complex of office buildings, apartments and retail space that skeptics doubted would ever be completed, passed another milestone as its developers Friday finalized $5 billion in debt and equity financing and cut a deal with another major business to buy office space.
Financing a Multifamily Home
New York Times, Dec. 11, 2015–Prevost, Lisa
For buyers willing to take on the role of landlord, multifamily properties can be one of the more affordable ways into pricey housing markets.
CMBS Pools Are Increasingly Dropping Loans Before Closing: Fitch
National Mortgage News, Dec. 11, 2015–Peters, Andy
Securitizations that involve commercial mortgages are increasingly dropping loans from their pools before the final transactions close, according to Fitch Ratings.
Rent Increases Finally Slowing
Creators Syndicate, Dec. 12, 2015–Woodard, Jim
An increasing supply of rental units is slowing the rise in rents. The annual rent appreciation has slowed for the past three consecutive months as more apartments become available.
As Commercial Real-Estate Prices Soar, Fed Weighs Consequences
Wall Street Journal, Dec. 11, 2015–Hilsenrath, Jon; Harrison, David
Five Federal Reserve officials-gathered at a conference table in Charlotte, N. C.-had to determine if hypothetical booms in commercial real estate and corporate borrowing risked collapse and damaging fallout for the broader economy.
Commercial Real Estate Boom Won’t End on Higher Rates
The Street, Dec. 14, 2015–Schaffler, Rhonda
The commercial real estate boom that’s sent rent prices soaring won’t end even if the Federal Reserve raises rates this week, said Brian Ward, president of capital markets at Colliers International.
Philadelphia Apartment Market Expands
Wall Street Journal, Dec. 15, 2015–Hudgins, Matt
Philadelphia has an apartment shortage-and big developers are starting to fill the void.