Bendix Anderson

Articles by Bendix Anderson

Wall Street Analysts Cautious on Multifamily REITs

New construction of apartments and a revived market for single-family, for-sale homes will provide more competition for rental apartments this year, dimming prospects for apartment REITs.

Ground Shifts for Fannie, Freddie

But recent news, including a set of reports from the FHFA, the rising value of the GSEs and the strengthening market for single-family homes outline the large potential cost of stripping Fannie and Freddie of their government guarantee.

Moody’s Warns Against High Leverage

Commercial properties are taking on larger and larger loans relative to their stabilized income—and that could mean trouble down the road.

Are Multifamily Prices Peaking in NYC?

Sky-high prices for Manhattan apartment properties and rock-bottom low yields for investors may have reached the limit.

Secondary Markets Begin to Reemerge

Top real estate markets like San Francisco, Seattle and Boston have benefitted from favorable demographics buoyant economies during the recovery. But what about, say, Oklahoma City?

B-Piece Investors Back in Buying Mode

B-piece buyers have poured money back into the CMBS sector and the added investor demand is helping drive conduit loan issuance higher.

CRE Loan Delinquencies Continue to Ebb

Despite warnings from experts, another wave of delinquencies, defaults and foreclosures did not strike commercial real estate in 2012.

Life Companies Look to Gain Multifamily Market Share

Life companies are in a strong position to lend in 2013–especially to the high-quality apartment properties they often target.

Fannie Mae, Freddie Mac Reduced Targets Will Create Room for Competitors

Other lenders might finally have a chance to compete with Fannie Mae and Freddie Mac’s loan programs.

Rental, For-Sale Markets Buck Odds, Rise Together

Rental demand and housing sales are rising at the same time.

WinnDevelopment Looks to Revive Downtown Rochester

WinnDevelopment is still committed to the landmark Sibley Department Store building in downtown Rochester, N.Y., even after a setback that could rob the firm of its anchor tenant.