Finance
Real Estate Expo Special Report: Knakal Terms NYC Sales Market “Phenomenal”
Robert Knakal, chairman of Massey Knakal Realty, said the New York City commercial property investment sales market is currently red hot, but warned that sustained periods of low interest rates typically lead to real estate bubbles.
Special Report: Commercial Mortgages Returned 4.7% for Life Companies, Pension Funds in 2012
Life companies and pension funds increased their market share of commercial property financing last year despite ongoing industry deleveraging, according to the Giliberto-Levy Commercial Performance Index, and the mortgage loans yielded a total return of 4.7 percent for the institutions in 2012.
Crescent Resources Starts Construction of $67M M-F Project in Buckhead
The project will add 355 units to the Terminus master-planned development when is complete next spring.
Financing the Largest FHA 221(d)(4) in Texas
Bud Malone, CEO of Mortgages USA, describes how he was able to take on a loan that other lenders had declined.
SPECIAL REPORT: Fannie Mae Stresses Loan Quality, Risk-Sharing & Profitability for U.S. Taxpayers
Fannie Mae’s priority in 2013 will be to continue focusing on loan quality, said Jeffrey Hayward, senior vice president, Head of the Multifamily Mortgage Business, Fannie Mae.
SPECIAL REPORT: MBA Predicts M-F Funding Market Share May Fall Slightly in 2013
Mortgage originations for commercial properties will increase by 11 percent in 2013, the Mortgage Bankers Association (MBA) forecasted. Multifamily financing may tick down this year as capital supply to the other commercial real estate sectors make a comeback.
SPECIAL REPORT: Liquidity Returns to Commercial Real Estate
The commercial real estate financing industry cautiously greeted the rapid return of liquidity into the sector during the Mortgage Bankers Association’s 2013 Commercial Real Estate Finance/Multifamily Housing Convention & Expo.
Ed Indvik: Outlook 2013
Lee & Associates CEO Ed Indvik talks about prospects for the commercial real estate market and the brokerage sector.
MEPT Obtains $105M Mortgage for Chicago’s 200 W. Madison
More than a year after paying $217.5 million in cash for 200 W. Madison, a Class A office tower in Chicago’s West Loop, Multi-Employer Property Trust has taken out a $105 million mortgage on the 928,040-square-foot property.
Economy Watch: Job Creation Off to Slow Start; Personal Income, Mortgage Delinquencies Show Slight Uptick
The U.S. economy created 157,000 jobs in January, but that marked an increase of only 0.1 percentage points. Personal income saw a small movement in anticipation of higher 2013 taxes. Mortgage delinquencies rose, too, but only slightly.