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Report: More Loans Pay Off at Maturity
The percentage of loans paying off at maturity has hit the highest level since December 2008. That’s according to the recent Trepp March Payoff Report, which finds that the percentage cracked the 50 percent threshold for only the second time since that time, with 55.5 percent of loans reaching their balloon date paid off in March.
Public REITs Arrange Joint Ventures
By Jonathan Morris, Jones Lang LaSalle
Much has been written about the heroic rebound of REIT share prices since the dark days of spring 2009. REIT executives watched in shock as their stocks were at prices lower than they had been in decades. In response, enormous amounts of equity was raised, share prices rallied and REITs were quickly back in favor, executing significant transactions and generally getting busy quickly.
Investors Must Live in the Now
By Steven Fogel, Westwood Financial Corp
If we can embrace the facts with uncompromised and fresh eyes instead of the voice in our heads, particularly in this current marketplace, then it is possible to train ourselves to differentiate between the facts of our existing situation and let go of “coulda, woulda, and shoulda.”
Time to be Thoughtful about Interest Rates
By Paul Daneshrad, StarPoint Properties L.L.C.
There is no question that commercial real estate values have increased over the past 12 months. But how has this happened?
Recovery Rates on Defaulted CRE Loans by Property Type
Source: Real Capital Analytics Inc.
Restaurant Properties Back on the Menu for Net Lease Investors
By Reed Hudson, Stan Johnson Co.
While some caution still lingers with respect to the restaurant industry, signs of optimism among net lease investors who are increasingly pursuing these properties, including sale-leaseback transactions, are evident.
Introducing CPE City Pages
CPE is pleased to announce the launch of a new section, CPE City Pages, designed to provide local details about top real estate markets. These city-specific sites offer up-to-date trend information plus headlines from around the Web. Topics include major deals, new construction, demographic data, neighborhood highlights and other real estate, municipal and related news and information. Log on to https://www.commercialsearch.com/news/city-pages for the latest news from each city — with more coming soon!
CPE Blog: Richard Green on What to Do With the GSEs
Richard Green, director of the USC Lusk Center for Real Estate, offers insights into the best alternatives for reforming Fannie Mae and Freddie Mac.