The Lede
Top National News
Commercial Mortgages: Debt Funds Seek to Fill a Void
Richmond (Va.) Times-Dispatch, Apr. 17, 2017--Andrew Little Debt funds--non-bank lenders formed with contributed equity from institutional investors--are seeking to fill the void left as bank lenders have dialed back their leverage levels.
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Trade Groups in Effort to Fix Bank Lending Rules
Multi-Housing News, Apr. 14, 2017--Paul FiorellaProposed legislation would maintain high-volatility commercial real estate's higher capital charges, but clarify which loans are subject to the rules.
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Office Market Swings in Tenants’ Favor
Wall Street Journal, Apr. 18, 2017--Peter Grant (subscription)The U.S. office market became more tenant-friendly in the first quarter in many big cities as a seven-year expansion slowed, said Cushman & Wakefield.
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The 10 Suburban Office Markets with the Highest Rent Increases
National Real Estate Investor, Apr. 18, 2017--Elaine MisonzhnikAs suburban office markets come back into fashion, some have experienced greater demand from tenants than others.
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Oops! What if Flood Insurance Lapses?
Mortgage Compliance Magazine, Apr. 17, 2017No matter how or why lenders have required flood insurance on a property, if the flood insurance lapses during the term of the covered loan, it's a problem.
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M&T Bank’s Profit Rises on Accounting Change, Margin Improvement
American Banker, Apr. 17, 2017--Andy Peters (subscription)M&T Bank, Buffalo, N.Y., reported double-digit growth in first-quarter profit thanks to a change in its tax treatment of compensation and improved profit margins.
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Builders Bet Tiny Apartments Will Lure Renters
Wall Street Journal, Apr. 15, 2017--Laura Kusisto (subscription)Since Hannah Toth set out a few months ago to move out of her parents' home in suburban Pittsburgh, she has seen plenty of airy apartments of up to 900 square feet. What caught her eye is a 360-square-foot studio roughly the size of her childhood bedroom.
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Manhattan Rental Market Warms Up After a Long Winter
Wall Street Journal, Apr. 13, 2017--Josh Barbanel (subscription)Manhattan rents rose modestly in March across all apartment sizes after months of weak performance, according to market reports released on Thursday.
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Dealmaker of the Week
People in the News
News and Trends
Marcus & Millichap: Hotel Lenders Grow More Conservative
Hotel lenders are tightening leverage and lowering loan amounts as the sector's performance metrics slip, reported Marcus & Millichap, Calabasas, Calif.
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Commercial/Multifamily Briefs
Arbor Realty Trust, Uniondale, N.Y., closed a $360 million commercial real estate mortgage securitization.
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MBA Chart of the Week: Agency Multifamily MBS and Total Private-Label CMBS Outstanding
While volume has held relatively steady in recent years, the composition of securitized commercial and multifamily mortgage debt has changed dramatically.
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Economic Indicators Point Upward for Industrial Real Estate
The industrial sector has faced tough times over the past few years as the economy continues its shift away from manufacturing. However, recent economic data related to the U.S. industrial real estate market pointing in a positive direction, said CBRE Econometrics Advisors, Los Angeles.
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Multifamily Market ‘Springs to Life’ in March; Coastal Areas Face Affordability Issues
The volatile multifamily market perked up in March, with rents rising by 2.7 percent nationwide, reported Yardi Matrix, Santa Barbara, Calif.
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Federal Reserve: Economy Expands While CRE Remains Strong
U.S. economic activity expanded modestly to moderately between mid-January and late March while commercial real estate activity remained strong, the Federal Reserve reported yesterday.
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MBA Chart of the Week: Agency Multifamily MBS and Total Private-Label CMBS Outstanding
While volume has held relatively steady in recent years, the composition of securitized commercial and multifamily mortgage debt has changed dramatically.
Full Story
MBA Chart of the Week: Agency Multifamily MBS and Total Private-Label CMBS Outstanding
While volume has held relatively steady in recent years, the composition of securitized commercial and multifamily mortgage debt has changed dramatically.
Full Story