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Trump’s Ambitious Fannie, Freddie Overhaul Faces Hurdles
Reuters, July 26, 2019--Pete Schroeder"You're trying to reform what is the financing behind one-sixth of the economy," said Pete Mills, senior vice president at the Mortgage Bankers Association. "You've got to do it in a way that doesn't disrupt the marketplace, and that's the challenge."
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Amazon’s New York Office Hunt Includes WeWork-Owned Lord & Taylor Building
Wall Street Journal, July 25, 2019--Eliot Brown, Suzanne Kapner (subscription)Amazon.com Inc. is scouring New York City for new office space, including the historic building that formerly housed Lord & Taylor's flagship store.
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Transitioning From LIBOR
Commercial Property Executive, July 25, 2019--Jamie Woodwell (MBA Mention)Uncertainty surrounds strategies for managing this watershed change, as many firms wait on the sidelines for others to take the lead.
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CMBS Issuance Focuses on ‘Bulletproof’ Retail Loans
National Real Estate Investor, July 31, 2019--Beth Mattson-TeigInvestors are getting increasingly concerned about the outlook for retail-backed commercial mortgage-backed securities 2.0 loans.
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Goldman Tries to Exorcise Ghost of Real Estate Past With New Fund
Wall Street Journal, July 30, 2019--Peter Grant (subscription)Goldman Sachs's newly reorganized real estate investment unit is reviving a fund business the firm shut down after it suffered steep losses during the financial crisis.
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