Commercial Real Estate & Business News – December 22, 2016
MBA: Mortgage Delinquency Rates Stay Low in Q3 Loan delinquency rates for both commercial and multifamily mortgage loans remained low during the third quarter of 2016, according to the Mortgage Bankers Association’s (MBA’s) Commercial/Multifamily Delinquency Report…» Apartment Building Buyers Unmoved by Interest Rate Hike Interest rates are finally rising, but that doesn’t mean cap rates […]
Commercial Real Estate & Business News – December 21, 2016
Mixed Outlook For CMBS In 2017 Ratings agencies are giving the CMBS outlook a mixed report card, with Moody’s Investors Service saying Monday that property-level fundamentals will continue recovering unevenly across property sectors and metropolitan areas. At Morningstar Credit Ratings, the forecast calls for a payoff rate between 50% and 60% in 2017 as heavily […]
Commercial Real Estate & Business News – December 20, 2016
2017 Predictions: More Local Shopping Uptown, More Flights, More World Cuisine and Downtown Gilbert The local movement is large and abundant in Phoenix, partly thanks to the work of the country’s largest local business coalition, Local First Arizona. But the places where you can shop local have become a bit more polarized than they once […]
Commercial Real Estate & Business News – December 19, 2016
Interest Rate Hike No Surprise and Will Be Easily Digested, Real Estate Pros Say The bigger news was the Fed’s announcement that it plans to raise rates three times in 2017. Borrowers who have not locked in long-term fixed financing will now need to keep a close eye on the rates, Woodwell, notes. The increase […]
Commercial Real Estate & Business News – December 16, 2016
Special Report: How Rate Hikes Will Affect CRE In the wake of the Federal Reserve’s announcement this week of intentions to raise interest rates, commercial real estate industry veterans assessed its impact on finance and investment. Although the initial consensus suggests that the initial 25 basis-point increase announced Wednesday would do little to discourage lending […]
Commercial Real Estate & Business News – December 15, 2016
What the Fed Interest Rate Increase Will Mean For You This Time Just like it did a year ago, the Federal Reserve on Wednesday sent its key short-term interest rate up by a quarter of a percentage point. In the days before the announcement, traders had put the odds of a rate hike at […]