The Lede
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Fragmented Small Balance Commercial Market Creates Opportunities
National Mortgage News, Sept. 29, 2015--Finkelstein, BradBayview and Freddie Mac believe they can provide a stable funding supply to underserved to owners of small commercial properties.
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Retailers Raise Number of Store Openings Planned for the Next Two Years
National Real Estate Investor, Sept. 29, 2015--Misonzhnik, ElaineWorries about the fallout from Chinese economic troubles notwithstanding, U.S. chain retailers upped the number of stores they plan to open in the short term, according to the August report from RBC Capital Markets.
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All Eyes on Crowdfunded Loans Tucked Into Commercial Real Estate Bonds
Bloomberg, Sept. 29, 2015--Alloway, Tracy; Scully, Matt Morgan Stanley analyst Richard Hill found something interesting in commercial mortgage-backed security remittance reports: three loans worth a collective $71 million made to Colony Hills Capital and which underpin two CMBS deals have found their way to special servicing.
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News and Trends
Delta: Office Recovery Taking Hold In Large Metros
The office market's resurgence may trail other sectors, but recent office market trends show some good news for the nation's largest metro areas, said Delta Associates, Alexandria, Va.
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Hotels May Be Entering Late Stages of Cycle
U.S. lodging fundamentals remain unusually strong considering the sector recently crossed its 59th consecutive month of growth, reported Fitch Ratings, New York.
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MBA Releases 2Q Commercial/Multifamily DataBook
The Mortgage Bankers Association released its Commercial/Multifamily DataBook for the second quarter today.
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M&M: CRE Can Survive a Rate Increase
Many analysts expressed surprise when the Federal Reserve decided not to raise interest rates on Sept. 17. But commercial real estate could weather a rate increase, said Marcus & Millichap's William Hughes.
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Fitch: Remember 2007
If the adage that commercial real estate follows a 10-year cycle with only a seven-year memory holds true, it would be wise to refresh some memories, said Fitch Ratings Managing Director Huxley Somerville.
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