News
Maturing loans are back. Published reports from sources including conventional and securitized commercial mortgage lenders, commercial bankers, and investment bankers show that the real estate industry will continue to be challenged by the amount of loans maturing from 2014 to 2017.
The Trepp survey for the period ending March 14, 2014, showed spreads unchanged across all product categories, with the implied ten-year rate for properties with 50 percent to 59 percent loan-to-value ratios remaining in the 4.25 percent range.
ULI’s Terwilliger Center for Housing is convening Housing Opportunity 2014 on May 14–16 at the Hyatt Regency in Denver to discuss the challenges, opportunities, and best practices for supporting healthy housing in healthy places.
ULI Trustee Roy March and his family have a particular interest in helping communities rebuild after disasters. ULI programs may seem like a far cry from HIV-related health and education projects in Africa, but March sees them all on a continuum of organizations that make the world a better place and improve the human condition.
Happy St. Patrick’s Day. One reaction to last week’s posting: an experienced commercial banker based on the East Coast echoed our concerns regarding current investment activities and underwriting practices, saying spread compression is happening at an alarming pace and risk is being underpriced.
Michelle McDonough Winters, president of Winters Community Strategies and former senior manager for green strategies at NeighborWorks America, has joined the ULI Terwilliger Center for Housing as a senior visiting fellow.
Territoria 3000 is Latin America’s first world-class mixed-use building, hosting premium office and retail space, as well as the W Santiago hotel with 196 guest rooms and 46 residences.
Four developers share their experiences with the market for walkable and bicycle-friendly development.
According to the Mortgage Bankers Association, delinquency rates for commercial real estate mortgages continued to decline during the fourth quarter of 2013, reaching record low levels. CMBS rates were at 6.97 percent, as compared with the high of 9.02 percent during the second quarter of 2011.
The ULI Foundation’s Annual Fund Campaign in 2013 concluded with a record-setting $1.5 million in donations—a 15 percent increase from the previous year, and a 77 percent increase from 2009, when Geoffrey Stack assumed chairmanship of the fundraising effort in the depths of the financial crisis.