MBA Survey Shows Continued Strength Through Second Quarter
Commercial and multifamily lending volumes posted large increases during the second quarter of 2003, up 56% from the first quarter and up 29% from the...
Offshore Fund Buys Heavy Stake In Manhattan Office Building
Australian ING Office Fund has acquired a 49% interest in 900 Third Avenue, a 36-floor Manhattan office tower. For $163 million, ING acquired the stake,...
Greenwich Capital Refinances LA Trophy Towers for $510M
Los Angeles' landmark tower U.S Bank Tower and the Wells Fargo Tower have been refinanced by two loans totaling $510 million. RBS Greenwich Capital's...
The Grocery-Buying Binge
Everybody loves grocery-anchored shopping centers. Private equity investors, shareholders of public REITs and especially brokers who see fat commission...
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...
Legg Mason Sells Real Estate Divisions
Baltimore-based asset manager Legg Mason will sell the commercial mortgage banking and mortgage servicing operations of its wholly owned subsidiary, Legg...
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;...
Wachovia Securities: Recovery Slow To Take Shape
Northern California, Denver, Indianapolis, Atlanta and several Texas metros top the list of Wachovia Securities’ weakest real estate markets at mid-year....
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...
LaSalle Buys Resort Near D.C for $115.8M
In one of the largest single asset hotel sales this year, a struggling Washington D.C.-area resort hotel has traded for $115.8 million. LaSalle Hotel...
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...
Make plans to attend UCLA Extension’s Real Estate Finance Conference
Mark your calendars to hear today’s most active dealmakers discussing their views on key challenges and opportunities in the market. The 10th annual UCLA...
Morgan Stanley Buys Lend Lease’s U.S Real Estate Assets
After weeks of speculation, Morgan Stanley has agreed to buy most of Lend Lease’s U.S real estate investment arm. The purchase will bring Morgan Stanley’s...
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....
MBA: Another Record Breaker on Tap for Loan Originations
A whopping $3 trillion worth of mortgages will be written during this year, reports the Mortgage Banker’s Association of America. If the MBA is correct,...
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...
Will the Buying Frenzy in Retail Real Estate Continue?
While other sectors in commercial real estate saw transaction volume sink last year, anybody in the retail end of the business will tell you that 2002...
