CMF Newslinks Archive

“Whether it’s by keeping interest rates well below the normalized rate such as the U.S. or by moving forward with the additional capital injections occurring in many other countries, the bottom line is that [central banks] will continue to take extraordinary measures to prolong this business cycle. And more likely than not, those extraordinary measures will continue to create a highly robust–albeit highly uneven–real estate environment.”–Kevin Thorpe, Chief Economist with Cushman & Wakefield, New York.

“Property incomes are rising, interest rates are low and property values are up. We expect the momentum to continue into 2016 and to support both the demand for and supply of commercial and multifamily mortgage capital.”
–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.

“Engagement is the key to sustainable success. Overcoming challenges and achieving these goals to maintain a strong commercial/multifamily marketplace only occurs when we work together.”
–MBA President and CEO David Stevens, CMB.

“Liquidity of debt financing in the hotel sector remains robust, which is good news for borrowers.” –Stephen O’Connor, Principal with RobertDouglas, New York.

“The financial and real estate markets appear stable as we begin 2016, but variables now surfacing could undermine short-term prosperity. The year ahead seems to be the waning days of a prosperous cycle–perhaps even a cyclical top in liquidity, pricing and transaction velocity.”–Avison Young Chair and CEO Mark Rose.

“We continue to believe that the multifamily housing and residential healthcare agency markets should not be subject to the proposed margin requirements during the multifamily agency financing and securitization process.”–MBA President and CEO David Stevens, CMB.

“With strong market fundamentals and 10-year loans made during 2006 and 2007 maturing this year and next, lenders also anticipate strong demand from borrowers.”–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.

“Everyone has benefited from a lift from the capital markets. But now you need to be more precise in asset selection and how you operate properties. Obtaining above-mean returns will hinge on the ability to derive real NOI growth at the property level.”–Principal Real Estate Investors Senior Managing Director Martin Cropp discussing the Federal Reserve’s decision to raise short-term interest rates.

“Every major investor group and property type except one has seen increases in year-to-date lending volumes, and we expect year-end numbers to continue that trend.”–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.

“While executives see New York real estate values topping out in a pretty definitive way, they’re hardly concerned that today’s international crises will slam the market.”
–Marks Paneth LLP Partner in Charge of Real Estate William Jennings.