Charles Krawitz, Vice President and Head of Commercial Lending at Alliant Credit Union, shared his perspective on the lending environment and trends impacting commercial real estate lending such as the presidential election, trade wars and coronavirus.
CMF Newslinks Archive
CRE Lenders Grapple with Latest FASB Rules
National Real Estate Investor, Mar. 10, 2020–Beth Mattson-TeigFinanciers adjust as the current expected credit losses methodology has begun to take effect for many players. (MBA Mention)https://www.nreionline.com/lending/cre-lenders-grapple-latest-fasb-rules?
Uncertainty Freezes Hotel Sales in Manhattan
National Real Estate Investor, Mar 9, 2020–Bendix AndersonNew York City hotel sales had crashed to a halt even before coronavirus took a bite out of people’s travel plans and disrupted …
Coronavirus May Stall U.S. Economy, Goldman Sachs Says
HousingWire, Mar. 9, 2020–Kathleen HowleyGDP growth will slow to 0.7% in the current quarter, the worst pace since the financial crisis, and grind to a halt in the second quarter, …
Policy Remedies for Coronavirus Appear Imminent
Commercial Property Executive, Mar. 10, 2020–Paul FiorillaCoronavirus’ impact on the commercial real estate market no longer seems limited to a handful of segments, such as hotels or industrial parks.https://www.cpexecutive.com/post/policy-remedies-for-coronavirus-appear-imminent/
Is the Real Estate Industry Prepared for the Transition Away From LIBOR?
Commercial Observer, Mar. 9, 2020–Zurab Moshashvili; Leena DanielThe London Interbank Offered Rate will cease to exist beyond 2021 without a single universal rate to replace it. The potential disruption has …
Solving Affordability with More Density
Most of us love the idea of having a single-family home on a two-acre lot, big enough to support livestock. But when it comes to housing affordability, says Zillow, Seattle, most of us also say they see a path through adding density.
Landlords Aim to Keep Offices Squeaky Clean as Coronavirus Spreads
The Real Deal, Mar. 5, 2020–Eddie SmallThe coronavirus outbreak wreaking havoc on the stock market and hotel industry is having an impact on the office market as well.https://therealdeal.com/2020/03/05/landlords-aim-to-keep-offices-squeaky-clean-as-coronavirus-spreads/
The Termination of LIBOR An Update on Implications for the Mortgage Market
Urban Institute, Mar. 5, 2020–Laurie Goodman, Edward GoldingThe authors see signs of progress, albeit less than might have been expected. They believe that many market participants will look to Fannie …
Commercial and Multifamily Delinquencies Hover Near Record Low
Mortgage Professional America, Mar. 5, 2020–Candyd MendozaCommercial and multifamily mortgage closed 2019 at or near record low delinquency rates, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Delinquency Report.https://www.mpamag.com/news/investor-mortgage/commercial-and-multifamily-delinquencies-hover-near-record-low-215923.aspx