Industry Sectors
Barclays Capital estimates that as much as 70 percent of the CMBS loans written in 2007 and maturing this year will not be able to be refinanced “easily.”
There are many paths to earning university degrees in real estate development, and a wide variety of disciplines and subjects quite reasonably provide grist for that education mill.
Stephen R. Blank, ULI’s senior fellow, finance, shares what he learned about the current state of commercial mortgage–backed securities at the recent Commercial Real Estate Finance Council Conference.
Waiting for reaction to the downgrade of sovereign debt in Europe.
New lending by European banks is likely to remain strictly conservative, limiting liquidity for the European property market.
According to Trepp LLC, commercial mortgage-backed securities delinquency rates increased 7 basis points (0.07%), to 9.58 percent, in December. Trepp predicts delinquencies rates could increase 75 basis points over the next six-to-12 months as the bulk of the five-year mortgages originated in 2007 mature and will require refinancing.
Dating from the 1700s, the Boston-area Baker Chocolate Factory has been adapted for use as housing, including the conversion of three historic mills into a 143-unit residential complex.
Surprise! Real estate investment trusts 3-peat, outperforming the Dow Jones Industrial Average, the Standard & Poor’s 500 Index, the NASDAQ Composite Index and the Russell 2000.
Of all the powers wielded at the local level of government, it is the use of land, of private property, that stands out as distinct from the powers exercised by the federal and state governments.
According to an analysis completed by Trepp LLC, “U.S. banks are going to face increased challenges in 2012, with slow earnings growth, a mild improvement in loan performance and continued bank failures.” Banks, it was noted, are continuing to face a tough regulatory environment, compounded by fewer and fewer opportunities for future earnings growth.