According to a recent report from the Commercial Real Estate Finance Council (CREFC), CRE debt markets are still in for a rough ride in the coming months, and we have yet to enter the “eye of the storm.” What will be crucial to weathering that storm, however, is close collaboration between borrowers and lenders dealing [...]
It’s official: The first half of 2023 saw a sharp drop-off in commercial real estate (CRE) mortgage loan originations as compared to a year ago. That’s the takeaway message from the data presented in the last two Mortgage Bankers Association (MBA) quarterly surveys. The surveys cover mortgage originations across all major CRE property types, in [...]
In an already tricky financing environment, the last thing most commercial real estate (CRE) borrowers want to hear is that banks may soon have to tighten their requirements even further. A new proposal from the Federal Reserve, Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (FDIC), however, is aimed at [...]
For the first time since 2014, the threshold on what constitutes a “large loan” according to the Federal Housing Administration (FHA) has been raised, from USD75 million to USD120 million, making it easier to secure finance for multifamily projects. The higher threshold means that only loans above the new USD120 million threshold will be subject [...]
There’s been a lot of talk recently around the role of commercial real estate (CRE) in the current economy. More than a few news sources have speculated that CRE may be the ‘next shoe to drop,’ after bank failures left many wondering about the broader exposure of financial institutions to real estate. One sector that’s [...]
For most of 2022, there was a little bit of light for the beleaguered office sector in the form of Class A offices. Where Class B and C buildings struggled, Class A showed a steady uptick through the year. This was largely due to the ongoing efforts to provide best-in-class amenities, designed to tempt occupiers [...]
2022 was a bumper year for the data center industry. A Q4 market report from industry analysts datacenterHawk outlined massive growth, showing that data center absorption jumped 2.5x, smashing the records previously set in 2021. The report adds: “Transactions are getting larger and a wider pool of companies are executing large-scale leases. These companies are [...]
Among the commercial real estate (CRE) sectors that outperformed last year, multifamily was one of the stars of the show. Many areas saw red-hot demand for apartments in early 2022, and the trend only really started slowing towards the end of the year. Even with that slowdown however, 2022 will go down in the books [...]
A new report from the Mortgage Bankers Association (MBA) shows that Mortgage delinquency rates have dropped in Q3 2022. According to the data, “98.3% of outstanding [commercial and multifamily] loan balances were current or less than 30 days late at the end of the third quarter, up from 97.6% at the end of the first [...]
According to the Wall Street Journal (WSJ), there may be even more business incoming for the already-booming industrial real estate sector. As the price of energy climbs in Europe, manufacturers are turning their eyes to the US as a go-to option for reshoring their operations. As WSJ explains: “Battered by skyrocketing gas prices, companies in [...]
