The pandemic helped push about $146 billion of commercial real estate into distress or serious risk of bankruptcy last year, according to Real Capital Analytics. Bloomberg (Bloomberg)—Good news about vaccines
WMRE’s Common Area: 2020 Retail Through the Eyes of a Transactional Broker
Tom Lagos, an executive director with Institutional Property Advisors, comes on the podcast to discuss the state of the shopping center investment sales market. WMRE Staff In this episode,
U.S. Multifamily Tenants Owe $70B in Unpaid Rent
Apartment investments are still an attractive bet, but income pressures are mounting on some properties. Bendix Anderson Renters have racked up a stunning $70 billion in unpaid rent since the
What CRE Investors Can Expect from Debt, Equity Sources Right Now
Even amidst a pandemic, there is no shortage of capital sources for the right sponsors. Patricia Kirk The pandemic continues to devastate portions of the U.S. economy, but investor confidence
Shorter Leases are Adding a Wrinkle to Underwriting Office Investments
In addition to the pandemic, some blame the rise of co-working space and growing tenant demand for greater flexibility for driving shorter lease terms. Beth Mattson-Teig There remain ongoing debates in the
Yellen Faces Senate to Sell $1.9 Trillion Stimulus Package
Yellen will need to sell a package that includes a minimum-wage hike and substantial expansion in family and medical leave. Bloomberg (Bloomberg) — U.S. Treasury Secretary nominee Janet Yellen on
Construction Financing Remains Available for Some Multifamily Development
Despite the disruptions in the market, multifamily developers remain busy and lenders have been willing to provide construction financing. Bendix Anderson Notwithstanding notable exceptions including San Francisco and New York
Fannie, Freddie Slump After Mnuchin Rules Out Freeing Companies
Mnuchin indicated he’s not going to pursue any actions that put taxpayers at risk or limit consumers’ access to home loans. Bloomberg (Bloomberg)—Fannie Mae and Freddie Mac plunged Tuesday after
Capital Markets Remain More than Willing to Finance Multifamily Deals
Even with Fannie and Freddie planning to scale back on multifamily loans, other lenders are ready to pick up market share. Bendix Anderson Investors are rushing to buy apartment properties—with a
Yields at Risk of Shooting Up as Fed Defers Bond-Buying Changes
The Fed wants to keep long-term rates down because that reduces borrowing costs for individuals and businesses. Bloomberg (Bloomberg) — The Federal Reserve’s window to tinker with its bond-buying program