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
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
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
Why You Should Consider Buying Non-Performing Real Estate Notes
Buying non-performing real estate notes from banks presents a great opportunity, but it’s not without risks. Hugo V. Alvarez The Great Recession was fueled by bad loans in the real
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