{"id":1004093817,"date":"2014-04-02T09:21:41","date_gmt":"2014-04-02T17:21:41","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004093817"},"modified":"2022-12-07T04:22:50","modified_gmt":"2022-12-07T12:22:50","slug":"fast-and-furious","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/fast-and-furious\/","title":{"rendered":"Fast and Furious"},"content":{"rendered":"<p style=\"text-align: left\" align=\"center\"><i>By Mark Scott,\u00a0<\/i><i>Founder &amp; President,\u00a0<\/i><i>Commercial Mortgage Capital \u00a0<\/i><i><a href=\"mailto:mscott@newcommercialmortgage.com\">mscott@newcommercialmortgage.com<\/a><\/i><i>\u00a0<\/i><\/p>\n<p style=\"text-align: left\" align=\"center\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/Mark-Scott.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004090885\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/lenders-ready-to-move-money\/mark-scott\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/Mark-Scott.jpg\" data-orig-size=\"356,336\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;14&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;Canon EOS 5D&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1242777644&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;135&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0.01&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Mark Scott\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/Mark-Scott.jpg?w=356\" class=\"alignleft size-thumbnail wp-image-1004090885\" alt=\"Mark Scott\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/Mark-Scott.jpg\" width=\"150\" height=\"150\" \/><\/a><\/p>\n<p>Leasing activity has heated up considerably over the past few weeks and not only for multi-family products, but also office and industrial assets. This acceleration may be due largely to new Federal Reserve Chair Janet Yellen\u2019s foggy indications of Fed patience when it comes to interest rate escalation as well as the fate of QE3 bond buying. During her first press conference, Yellen noted in an exceptionally noncommittal manner that the Fed could hike rates \u201caround six months or that type of thing\u201d after the U.S. Central Bank ends its bond buying program \u2013 otherwise known as QE3 &#8211; which sent stock and bonds into a downward tailspin.<\/p>\n<p>Though Yellen has since claimed in an equally vague remark that the Fed\u2019s \u201cextraordinary commitment is still needed and will be for some time,\u201d her comments are counter to the market\u2019s perception that the Fed would raise interest rates nine or 12 months after the end of QE3. As a result, borrowers are eager to capture new leases and secure financing before rates rise.<\/p>\n<p>Meanwhile, lenders are looking to hit their budget goals early and thus pricing (loan spreads) are typically tight in the first quarter of the year. According to Jaime Woodwell, Vice President of Commercial Real Estate Research at the Mortgage Bankers Association, \u201cEarly indications are that commercial and multi-family lenders increased originations by 15 percent in 2013. This year will once again see fewer loans coming up against their maturities. But with still low interest rates, improving property fundamentals, a rebound in property prices, and higher loan maturity volumes on the horizon, we anticipate mortgage originations will continue to increase in 2014.\u201d<\/p>\n<p>Though we can expect to see more transactions in 2014, there is still a level of uncertainty in the market, especially as the unemployment rate continues to rise \u2013 hitting 6.7 percent in February, up from 6.6 percentin January &#8211; combined with continued confusion about the fate of interest rates. As a result, now is the time for borrower\u2019s to lock in today\u2019s low rates with a seasoned mortgage professional.<\/p>\n<p><i>\u00a0<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Mark Scott, Founder &amp; President, Commercial Mortgage Capital: Leasing activity has heated up considerably over the past few weeks and not only for multi-family products.<\/p>\n","protected":false},"author":1596,"featured_media":1004090885,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1004093817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Fast and Furious - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/fast-and-furious\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fast and Furious\" \/>\n<meta property=\"og:description\" content=\"By Mark Scott, Founder &amp; President, Commercial Mortgage Capital: Leasing activity has heated up considerably over the past few weeks and not only for multi-family products.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/fast-and-furious\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-04-02T17:21:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T12:22:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/Mark-Scott.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"356\" \/>\n\t<meta property=\"og:image:height\" content=\"336\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mark Scott\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fast-and-furious\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fast-and-furious\\\/\"},\"author\":{\"name\":\"Mark Scott\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/3607d7cbc5ea52c15b02a4ecb4a44418\"},\"headline\":\"Fast and Furious\",\"datePublished\":\"2014-04-02T17:21:41+00:00\",\"dateModified\":\"2022-12-07T12:22:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fast-and-furious\\\/\"},\"wordCount\":355,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fast-and-furious\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/02\\\/Mark-Scott.jpg\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fast-and-furious\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fast-and-furious\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fast-and-furious\\\/\",\"name\":\"Fast and Furious - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fast-and-furious\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fast-and-furious\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/02\\\/Mark-Scott.jpg\",\"datePublished\":\"2014-04-02T17:21:41+00:00\",\"dateModified\":\"2022-12-07T12:22:50+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/3607d7cbc5ea52c15b02a4ecb4a44418\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fast-and-furious\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fast-and-furious\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fast-and-furious\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/02\\\/Mark-Scott.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/02\\\/Mark-Scott.jpg\",\"width\":356,\"height\":336},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fast-and-furious\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fast and Furious\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/3607d7cbc5ea52c15b02a4ecb4a44418\",\"name\":\"Mark Scott\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/fb5ee10ab8c0338a324c7f669390a30b49c1348b9700ac60c9cffe065a71e059?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/fb5ee10ab8c0338a324c7f669390a30b49c1348b9700ac60c9cffe065a71e059?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/fb5ee10ab8c0338a324c7f669390a30b49c1348b9700ac60c9cffe065a71e059?s=96&d=mm&r=g\",\"caption\":\"Mark Scott\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/markscott\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Fast and Furious - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/fast-and-furious\/","og_locale":"en_US","og_type":"article","og_title":"Fast and Furious","og_description":"By Mark Scott, Founder &amp; President, Commercial Mortgage Capital: Leasing activity has heated up considerably over the past few weeks and not only for multi-family products.","og_url":"https:\/\/www.commercialsearch.com\/news\/fast-and-furious\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2014-04-02T17:21:41+00:00","article_modified_time":"2022-12-07T12:22:50+00:00","og_image":[{"width":356,"height":336,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/Mark-Scott.jpg","type":"image\/jpeg"}],"author":"Mark Scott","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/fast-and-furious\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/fast-and-furious\/"},"author":{"name":"Mark Scott","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/3607d7cbc5ea52c15b02a4ecb4a44418"},"headline":"Fast and Furious","datePublished":"2014-04-02T17:21:41+00:00","dateModified":"2022-12-07T12:22:50+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/fast-and-furious\/"},"wordCount":355,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/fast-and-furious\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/Mark-Scott.jpg","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/fast-and-furious\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/fast-and-furious\/","url":"https:\/\/www.commercialsearch.com\/news\/fast-and-furious\/","name":"Fast and Furious - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/fast-and-furious\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/fast-and-furious\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/Mark-Scott.jpg","datePublished":"2014-04-02T17:21:41+00:00","dateModified":"2022-12-07T12:22:50+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/3607d7cbc5ea52c15b02a4ecb4a44418"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/fast-and-furious\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/fast-and-furious\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/fast-and-furious\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/Mark-Scott.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/Mark-Scott.jpg","width":356,"height":336},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/fast-and-furious\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Fast and Furious"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/3607d7cbc5ea52c15b02a4ecb4a44418","name":"Mark Scott","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/fb5ee10ab8c0338a324c7f669390a30b49c1348b9700ac60c9cffe065a71e059?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/fb5ee10ab8c0338a324c7f669390a30b49c1348b9700ac60c9cffe065a71e059?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fb5ee10ab8c0338a324c7f669390a30b49c1348b9700ac60c9cffe065a71e059?s=96&d=mm&r=g","caption":"Mark Scott"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/markscott\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/Mark-Scott.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004093817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1596"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004093817"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004093817\/revisions"}],"predecessor-version":[{"id":1004631160,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004093817\/revisions\/1004631160"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004090885"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004093817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004093817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004093817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}