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
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
Vaccine Approval Could Mark a Turning Point in CRE Price Discovery
Buyers hoping to capitalize on distress may only have a small window of time to strike as long-term prospects for troubled assets begins to brighten. Beth Mattson-Teig Investors hoping to