Cap rates for net lease banks are at their lowest point in eight years, according to research by Calkain Companies. Net lease banks cap rates are averaging 5.93 percent so far in 2014, compared with 6.08 percent during the previous … Continue reading →
Speaking recently at the Mortgage Bankers Association conference in Las Vegas, Timothy J. Mayopoulos, President and CEO of Fannie Mae announced the GSE will again be offering a 97 percent LTV product to all of their customers. price of cialis … Continue reading →
The number of new homes completed in the European Union fell by a third between 2011 and 2013, according to The Economist. Meanwhile, demand for housing continues to rise, particularly in Health ailments: Health conditions that are poor can cause … Continue reading →
Last year, home prices Dubai and Abu Dhabi increased by 24 percent and 21 percent respectively – among the highest rates of increase in the world. Average rental yields in Dubai and Abu Dhabi are below the historical averages by … Continue reading →
Capitol Real Estate Development recently secured a $5 million loan to begin construction on Phase I of a housing development in DC’s Congress Heights neighborhood. This phase includes 26 homes with prices ranging between $240,000 and $360,000 and is expected … Continue reading →
The European Insurance and Occupational Pensions Authority (EIOPA) classifies assets into two categories: The Type A category of assets includes consumer-related products such as residential mortgages, auto loans/leases and SME loans. The Type B Category of assets includes most other … Continue reading →
The Commerce Department reported sales of new single family homes at 444,000 (seasonally adjusted annual rate) for October – a 25 percent increase over the previous month’s rate and the highest level in six months. The October median sales price … Continue reading →
In commercial real estate, early repayment of a CMBS loan may entail high penalties. This is because such loans are often bundled together and sold to investors as debt securities with a guaranteed rate of return. An early repayment would … Continue reading →
Banks are taking a more aggressive approach toward lending in the commercial real estate market and as a result, underwriting standards are eroding. According to Moody’s Investors Service, underwriting standards have gone from very good in 2010, to just O.K. … Continue reading →
San Francisco-based Union Bank (owned by Bank of Tokyo-Mitsubishi UFJ) is buying a $3.7 billion portfolio of CRE-secured loans from PB Capital – a unit of Deutsche Bank – for an undisclosed amount,
Continue reading →