Finance
Special Report: Bernanke Cites Availability of Capital as Constraint on Housing, Economic Recovery
Addressing the National Association of Home Builders, Federal Reserve Chairman Ben Bernanke acknowledged the critical role the single-family sector plays in the economic recovery, and said that the troubles in the single family industry resulted in part from constricted financing availability.
Economy Watch: Retail Sales See January Increase
Retail sales, including those from department stores and gas stations, were up in January. The Volker Rule’s deadline for public comment passed, and quite a bit of commentary was submitted to the SEC. UCLA’s Pulse of Commerce Index dropped in January, contrary to most other indices.
Jere Lucey on Trends in Note Sales
Jere Lucey, Jones Lang LaSalle’s managing director of real estate investment banking, examines the note-sale market at the end of 2011 and looks forward to increased activity in 2012 – from the MBA CREF conference in Atlanta.
CBRE Gets $61M Refi for 3 Nestlé Buildings in Tampa
A 2.2 million-square-foot industrial and office portfolio, leased in its entirety to Nestlé USA Inc., has been refinanced to the tune of $61 million, courtesy of a transaction orchestrated by CBRE Capital Markets.
Distressed Debt & Asset Update: Rough Path to Recovery
Increased transaction flow, driven by real estate investment trusts and distressed deals — in turn aided by improved access to debt and equity capital — has helped revive the commercial real estate markets as property fundamentals continue to improve. By Steven Bandolik and Mark Wojteczko.
Indexes: Equity Trends in 2012
Many leading equity players are finding themselves at a crossroads in the new year — while equity terms will likely continue to tighten, lenders will have to continue to look for new ways of doing business. By Michael Ratliff.
Economist’s View: A Better Economy in 2012?
While the holiday season brought a small jolt of energy to the economy, it did not provide enough fizz to make everyone’s celebration cups full. By George Ratiu.
MBA CREF Special Report: Economists See Slow Improvements, Slightly Higher Interest Rates
After the final day of the MBA CREF conference in Atlanta, the take-home message was that the U.S. economy will grow a bit in 2012, coupled with a rise in interest rates, while the volume of commercial property will continue to expand.
Mesa West Provides $130M to Refi Hyatt Regency San Francisco
Mesa West Capital has provided a partnership involving affiliates of Dune Real Estate Partners L.P. and DiNapoli Capital Partners L.L.C. with a $130 million first-mortgage loan for the refinancing of the 802-room hotel in downtown San Francisco.
Tom Fish on Financing Requirements
Tom Fish, Jones Lang LaSalle’s co-chairman & executive vice president of real estate investment banking, looks at the financing requirements borrowers are seeing in today’s lending environment – from the MBA CREF conference in Atlanta.