While there is concern about distress in the short term, lenders of all kinds are willing to finance the right office transactions. Patricia Kirk A decline in office utilization if it
Can Ground Leases Provide Equity Relief for Operators Navigating the COVID-19 Pandemic?
In a Q&A with NREI, Dan Amer, of Kawa Capital Management, talks about the pros and cons of ground lease transactions. Liz Wolf As commercial real estate owners continue grappling with vacancies,
Eight Takeaways from Ben Bernanke’s Conversation with Marcus & Millichap
The former Fed chairman discussed his outlook on the broader economy and what it might mean for commercial real estate demand. Elaine Misonzhnik What does the man who oversaw the
Hot Mortgage Market Is the Fed’s House of Cards
If the central bank ever steps away from backstopping mortgage bonds, the consequences could be dire. Bloomberg (Bloomberg Opinion)—When the definitive story is written about U.S. financial markets during the
CMBS Delinquency Rates Show Signs of Stabilizing
Help from lenders and the CARES Act helped keep CMBS delinquencies below the prior cycle’s peak. Elaine Misonzhnik Lenders granting forbearance periods to struggling borrowers continued to bring the CMBS delinquency rate
Fannie-Freddie Plan Could Face Race to Finish After Biden’s Win
Trump administration officials have roughly two-and-a-half months to free Fannie and Freddie from government control. Bloomberg (Bloomberg)—A White House-backed effort to free mortgage giants Fannie Mae and Freddie Mac from
A $50 Billion Housing Bond Market Is Stuck in Regulatory Limbo
Questions are arising about the long-term viability for agency-backed credit-risk-transfer securities. Bloomberg (Bloomberg) — A $50 billion bond market once heralded as the future of housing finance has been stuck
What Do Lenders’ Decisions Tell Us About the Future of Various CRE Sectors?
A global pandemic has led to wary investors, but some deals are still moving ahead. Steve Lurie Amongst a global pandemic, social and political unrest, and wide-scale economic disruption, 2020
Fed Stays in Holding Pattern with Rates and Asset Purchases Unchanged
The Fed kept the federal funds target rate at zero to 0.25 percent range, where it has been since March. (Bloomberg)—Federal Reserve officials kept monetary policy in a holding pattern,
CRE CLO Issuance Picks Up After Coming to a Halt in the Spring
The CLO market is beginning to see more issuance, though the volume trails considerably behind last year’s. Sebastian Obando After a pause earlier in the year, the CRE CLO market is