Hotel Lenders Growing More Cautious

Hotel lenders are growing more cautious and believe asset valuations are at or near peak, sector analysts say.

Mortgage Action Alliance Asks Members to Share Shutdown Stories

Since the federal government shutdown began on Dec. 22, the Mortgage Bankers Association has worked with the Trump Administration and Congress to minimize its impact on mortgage lenders, servicers and customers. Now, MBA is asking its membership for anecdotal evidence to support its continued efforts.

Investors Plan to Increase Allocations to CRE

Institutional investors expect their allocations to commercial real estate investment will rise slightly in the future, reported the Pension Real Estate Association, Hartford, Conn.

Treasury, IRS Issue Final Regs on Section 199A Pass-Through Deductions

The Treasury Department and the Internal Revenue Service on Friday issued final regulations providing guidance requested by the Mortgage Bankers Association on the section 199A pass-through deduction included in the Tax Cuts and Jobs Act.

Hotels Buck Larger CRE Trends

The hotel sector registered record-breaking performance last year and hotel cap rates are bucking larger trends by remaining stable as interest rates rise, said STR and Marcus & Millichap.

Commercial/Multifamily Briefs

ORIX Corp. USA, Dallas, closed OREC 2018-CRE1, a $350 million commercial real estate collateralized loan obligation.

How Policy Decisions Affect Property Markets

Government policy decisions such as zoning and land-use regulation carry important implications for real estate professionals evaluating potential acquisitions and developments, said Green Street Advisors LLC, Newport Beach, Calif.