Property owners, investors and lenders have been challenged determining property values, particularly for hotels and retail assets...
The delinquency rate for CMBS hotel loans during the pandemic peaked at 2346 percent in June That compares to the 1946 percent rate recorded in November 2010, more than a year after the Global Financial...
Capitalization rates, or the initial yields that investors require from triple-net leased properties, last year declined to historic lows as interest rates remained low and investors pushed up prices for the safest properties Cap rates have, in...
The apartment sector enjoyed the quickest recovery of any commercial real estate type following the Global Financial Crisis The hope is for a similar recovery once the coronavirus pandemic comes to an...
December marked the first month since last April that the US economy lost jobs It also brought the largest one-month decline – 08 percent – in apartment rents since the start of the coronavirus pandemic Monthly rents fell by an average...
Commercial property sales volume in New York City last year totaled $214 billion, down more than 48 percent from the $413 billion recorded in 2019, according to the Real Estate Board of New York The number of properties that changed hands,...
Employers are expected to continue giving employees the flexibility, at least some of the time, to work from home, even after widespread vaccinations against the coronavirus take...
Distressed rates for CMBS loans against Manhattan retail properties have climbed noticeably since the start of the coronavirus pandemic, contributing to a wave of retailers filing for...
The CMBS industry has exhibited resiliency throughout the last two decades It's managed to stay on course, largely through the fine-tuning of structure, tighter underwriting and a shift in lending preferences to meet investor...
Commercial Real Estate Direct Staff Report Freddie Mac funded $825 billion of loans and guarantees against apartment properties last year, marking its most-active year in the sector ever and well exceeding the $784 billion of volume it generated in...
