Life After the Refi Boom
When the residential refinancing wave finally subsides which some analysts anticipate will occur before the end of the year title companies will be ready....
CMBS Loan Delinquencies Up in Second Quarter
The balance of U.S delinquent loans jumped from $2.8 billion to almost $3.4 billion during the second quarter, reports Fitch Ratings. That brings the...
Have We Hit Bottom?
If, indeed, the U.S. is in the early stages of a long anticipated rebound, there were no signs of it in the commercial real estate industry in the first...
Economy Feels Worse Than It Actually Is
Like the rest of the economy, commercial real estate is awaiting a rebound in the job market. The Federal Reserve has served notice that while it likes...
No Slowdown for CMBS Lenders
After two years of falling net operating income in commercial real estate, the lending community has begun to tighten its underwriting standards. Yet...
Top 25 Direct Lenders
The Top Direct Lenders & Intermediaries rankings were originally published in May 2003 and are based on responses to NREI's Top Lender Survey questionnaire....
No. 2 Middle Man Gains Momentum
Even as real estate fundamentals continue to decline, incredibly low interest rates have enabled many borrowers to refinance their loans on commercial...
Top 25 Financial Intermediaries
1. Bank of America/Banc of America Securities LLC100 N. Tryon St.Charlotte, NC 28255Web site: www.bofa.comEugene J. Godbold, EVP/Head of Real Estate Group;...
Two REITs Test Publicly Traded Waters
Amid a protracted IPO drought, two real estate investment trusts (REITs) are testing publicly traded waters. Los Angeles-based office landlord Maguire...
Fed Cuts Rates Again
The Federal Reserve has slashed a key short-term interest rate by one-quarter percent, bringing the rate to its lowest level in nearly 50 years. That...
No Simple Rules for Debt Risk
Recession-driven pressure on debt losses won’t match that of last decade’s recession, says a new report from Torto Wheaton Research. While the Boston-based...
Moody’s Still Bullish On Freddie Mac
Despite Freddie Mac’s recent accounting and management woes, Moody’s is confident in Freddie Mac’s risk management capabilities and overall financial...
Senior Level Shakeup At Freddie Mac
Freddie Mac, the second biggest U.S mortgage finance company, has fired its president and COO over his apparent unwillingness to cooperate with an audit...
S&P Economist: You Call This A Recovery?
Standard & Poor Chief Economist David Wyss praised consumer spending during New York University’s Hospitality Investment Conference earlier this week....
Cap Rates Continue To Wane, Reports Torto Wheaton
Analysts and investors have been concerned about an apparent disconnect between the real estate capital market and space-market fundamentals for many...
Fitch: Corporate debt took a hit in 2002
The corporate debt markets last year weathered the worst credit conditions in a decade, reports Fitch Ratings. A three-pronged storm was to blame as weak...
Mortgage Bankers Association praises new HUD proposal
SAN DIEGO — President George W. Bush’s proposed HUD budget for next year was roundly praised by the Mortgage Bankers’ Association of America at the group’s...
Report: CMBS servicers to consolidate this year
The number of U.S. commercial mortgage-backed securities (CMBS) servicers will continue to thin out this year, according to New York-based Fitch Ratings....
Fitch: CMBS outlook not so grim
U.S commercial mortgage-backed securities (CMBS) upgrades will outpace downgrades in 2003, predicts Fitch Ratings. Still, Fitch projects that the performance...
Will Simon’s bid for Taubmansucceed in round three?Wall Street weighs in
Wall Street is divided as to how successful Simon’s continued attempts to acquire Taubman Centers will be. Today, Taubman’s board of directors unanimously...
Grabbing Market Share
The nation's four largest title insurance companies are competing to develop technology capable of delivering complex commercial real estate transactions...
NAREIT Speakers Offer Solemn Take On Markets
SAN FRANCISCO — The weather outside last Thursday was frightful as a howling storm ravaged the Bay Area, causing power outages and widespread wind damage....
Fitch: CMBS default rates rising
Increasing default rates among the three core property types in commercial mortgage-backed securities (CMBS) drove the cumulative default rate up in 2001,...
Commercial Lending Volume Remains Flat
For commercial mortgage bankers, the first half of 2002 might best be described as two steps forward, one step back. The momentum of record-low interest...
Enronitis Dampens Loan Market
A STOCK-MARKET DRUBBING and general business anxiety have finally made their presence felt on the market for commercial mortgage-backed securities (CMBS)....
