Remarks last week by Federal Reserve Chair Jerome Powell about a spate of coming bank failures related to the faltering commercial real estate sector have sent shockwaves through the financi...
Landlords are facing many challenges that include variable rates, financing and maturing debt. A prolonged period of elevated interest rates –– compounded by rising operational costs &nda...
But trying to tease out exactly what is due when, and to whom, is confusing. According to Newmark, there is now a $2 trillion maturity wall of CRE loans facing banks over the next three years. A dizz...
A big slowdown in job growth raises the question of what might start happening in other states. California has a massive jobs engine that drives its economy. Whether in tech, agriculture, entertainme...
Slight rate drops are coming. But that may not necessarily lower mortgage rates. Investors in commercial real estate and multifamily housing should be less concerned about the Federal Funds rate and ...
At the end of 2023, inflation was on a decided downward trend. Headlines proclaimed that the Federal Reserve was signaling at least three cuts in the Effective Federal Funds Rate during 2024. The mark...
Commercial real estate lenders have responded to increased risk and higher costs of capital in the market by clamping down on the amount of debt they offer to borrowers, dropping loan-to-value ratios ...
Past due multifamily loans have risen 81.3% year over year. Banks are starting to feel the effects of distress in the multifamily sector with the volume of multifamily loans that were at least 30 day...
Commercial property prices declined last year by 5.3%, according to the Trepp Property Price Index, while the rate of properties selling at a loss increased. Prices dropped by 0.82% from the...
The sector’s 80 bps increase was higher than any other commercial real estate segment. BriefMultifamily distress outpaced all other commercial real estate sectors in February, jumping 80 basis ...
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