The good news for mortgage bankers is flowing as fast as the capital these days. Commercial/multifamily mortgage originations rose 3% in the fourth quarter of 2006 over the same period a year earlier, and total annual...
With a population of 1.1 billion, a GDP that's projected to grow about 8% annually until 2020, and a burgeoning middle class, India is on the radar screen of several hotel companies. It helps that the market is...
Gauging the future direction of the economy is similar to the football team captain who calls the coin toss. Economists have a 50/50 chance to get it right. On one side of the coin is a call for a strengthening...
Huey Lewis may sing that it's “Hip To Be Square,” but the commercial real estate community is now singing it's hip to be green. Taking their cue from the public sector, private developers are embracing sustainability...
Forecasting the movement of long-term interest rates months in advance is like predicting early in the season which Major League Baseball teams are going to make it to the post season. Given all the variables on the...
There's an old saw in commercial real estate that grizzled veterans love to repeat: “Why do developers develop? It's because they can.” Every boom and bust cycle begins with a construction spike, which leads to over...
When John B. Levy began writing a monthly column for Barron's in 1983, Ronald Reagan was in his first term as U.S. president, Tiger Woods was a 7-year-old golfing sensation, and the birth of CMBS was still almost a...
Listed under the definition of supply and demand in any business textbook should be the following words: “See New York hotel market.” It's a classic case study. The occupancy rate in New York City this year is running...
While the real estate community ponders the impact of the rising cost of capital and flattening cap rates, lenders and borrowers appear unfazed. Commercial and multifamily mortgage debt outstanding in the first...
The sky-high prices at which shopping centers are trading hands today are leading some private equity players to greener pastures in Florida. Apollo Real Estate Advisors, in partnership with the Adler Group of Miami...