Commercial Real Estate & Business News – November 9, 2016
Two Perspectives On CRE Bank Lending Banks tightened lending standards on commercial real estate loans in the third quarter, according to the Federal Reserve’s October 2016 Senior Loan Officer Opinion Survey on Bank Lending Practices. It noted that: a moderate net fraction of banks reported tightening standards for loans secured by nonfarm nonresidential properties…» Higher […]
Commercial Real Estate & Business News – November 8, 2016
Commercial Multifamily Originations Up 2% from Last Year’s Pace Commercial and multifamily mortgage loan originations for the first nine months of 2016 increased 2% compared to the same period last year, according to the Mortgage Bankers Association’s (MBA). Third quarter 2016 commercial and multifamily mortgage loan originations were 5% higher …» Phoenix’s Financial-Services Help Drive […]
Commercial Real Estate & Business News – November 7, 2016
Market Holds Steady Amid ‘Tumultuous’ Election Market conditions have remained steady throughout a year marked by economic and political turbulence and commercial real estate industry executives expect to close out 2016 on an even keel, according to the Real Estate Roundtable’s Overall Q4 Sentiment Index, released Thursday. That being said, the three indices derived from […]
Commercial Real Estate & Business News – November 4, 2016
Plaza Companies Gets Negotiating Rights to Parcel Along Loop 101 The City of Peoria is continuing to push its economic development efforts with a new agreement with Plaza Companies on a critical 14-acre parcel at the southwest corner of Loop 101 and Peoria Avenue. …» Apartment Investment Conditions Looking Up Multifamily investing fundamentals continue strengthening, […]
Commercial Real Estate & Business News – November 3, 2016
“Problem” Loans Create a Drag on CMBS Refinancing There is no question that the mountain of CMBS loan maturities hanging over the commercial real estate market has been shrinking. Yet there is still a heavy load of high-leverage loans searching for refinancing capital at a time when the CMBS market is battling its own liquidity […]
Commercial Real Estate & Business News – November 2, 2016
Rusty Lyon, Arizona Mall Developer, Dead at 86 The next time you are shopping at Scottsdale Fashion Square, having dinner at the Arizona Biltmore or dropping your kids off at Chandler Fashion Center, thank Rusty Lyon. He’s the visionary developer who saw metro Phoenix’s growth coming and launched…» Drug Store Cap Rates Jump, Reversing Long-Term […]