While it is impossible to sugarcoat the stagnant state of the labor market in August, Grubb & Ellis chief economist Bob Bach says that the yield curve is not signaling a recession.
On a sunny and sweltering Aug. 18 in Midtown Atlanta, hotel developer Jay Patel beamed with pride as he addressed more than 100 people gathered inside an air-conditioned tent to kick off a groundbreaking ceremony.
Thirteen U.S. banks failed in July, raising the total number of failures to 61 through the first seven months of 2011 and putting the annualized pace between 100 and 120, according to New York-based Trepp LLC.
Two steps forward, one step back. That’s a fitting description for the performance of the commercial mortgage-backed securities (CMBS) market as a whole over the last three months.
While the conventional wisdom in the seniors housing industry is that capitalization rates are clearly headed downward, the results of a newly released study conducted by NREI show a much murkier outlook.
Although real estate fundamentals and valuations in the U.S. hotel sector are clearly on the rise, the overhang of distressed properties remains significant.
The Southeast continues to be plagued by a rash of bank failures caused by an excessive exposure to commercial real estate, and analysts say the trend isn’t expected to dissipate anytime soon.
One of the hazards that Bob Bach, chief economist for Grubb & Ellis, runs into when compiling his “Good News Friday” report each week is that sometimes the news isn’t so good
LAS VEGAS — The U.S. economy finds itself caught in a tug of war between economic headwinds and real recovery, says Hessam Nadji, managing director of research and advisory services for Marcus & Millichap. The biggest headwinds are the ailing housing ...
LAS VEGAS — The U.S. economy finds itself caught in a tug of war between economic headwinds and real recovery, says Hessam Nadji, managing director of research and advisory services for Marcus & Millichap.
VEGAS — Any projection calling for annual domestic commercial mortgage-backed securities (CMBS) issuance to reach $60 billion this year is unrealistic, said Roddy O’Neal, CEO of Goldman Sachs Commercial Mortgage Capital at RECon 2011
There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?