Lenders with the ability to use their own strong balance sheets are flexing their muscle on both sides of the risk-reward matrix: winning deals by offering attractive pricing for both core and value-add deals and making it difficult or impossible for both CMBS lenders and non-institutional funds to compete for those deals.
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The broader market’s increasingly conventional wisdom regarding the intersection of the banking sector and commercial real estate has compartmentalized the nation’s regional banks as a focal point for increasing commercial mortgage woes. The negative perception stems from the rapid rise in the delinquency and default rates of CMBS and bank-held commercial mortgages and its coincidence Read More
If you work in commercial real estate, best to forget all that talk about an imminent economic recovery. The sad truth is that while the rest of the economy shows early signs of improvement, commercial real estate is proving the laggard.
Data released by research firm Real Estate Econometrics indicates that, nationwide, commercial Read More
