Commercial real estate lending in Maryland fell by 0.15 percent in 2012, according to the Baltimore Business Journal. CRE lending on a national scale increased by 0.94 percent during Q4 2012. The largest increase in lending (7.38 percent) was among … Continue reading →
The European Court of Justice (ECJ) delivered a victory to Spanish mortgage holders by striking down a law that proscribed Spanish courts from halting evictions even if the fairness of the mortgage agreement was in dispute. The court noted that … Continue reading →
Commercial mortgage-backed securities (CMBS) issues are expected to reach $26 billion for the first quarter of this year – more than four times the amount issued in the first quarter of 2012 , according to The Wall Street Journal. Bank … Continue reading →
A zero cash flow property (“zero property”) is a property with a long-term (20+ years), stable lease by a credit tenant attached to it. The investment is highly financed and all of the rent usually goes to the lender. Values for zero … Continue reading →
RevPAR (revenue per available room) – a metric of hotel occupancy is increasing at a slower pace than it did in the initial years following the 2008 economic downturn, according to a CoStar report (quoting data and analysis from Wells … Continue reading →
Within a few years, new accounting standards – agreed upon by FASB and IASB and aimed at increasing transparency – may require landlords and tenants to include operating leases on their balance sheets as either assets or liabilities – a … Continue reading →
SBA-504(Commercial Real Estate & Equipment) SBA-7a(General Purpose) Loan Amount $125K (min.). $10 million (max.). $50K (min.). $5 million (max.). Interest Fixed. Variable or Fixed. Terms 10 years – Equipment. 20 years – Real estate. Up to 10 years – Equipment/Business … Continue reading →
The Basel III rules, which take effect next year, require European banks to hold more capital against loans secured by commercial property. As a result, banks are expected to sell more commercial loans and distressed assets, according to The Wall … Continue reading →
Diana Olick of CNBC reports that the Fed’s QE3 (quantitative easing) could spur additional investment in commercial real estate if U.S. Treasury rates remain steady or drop. According to John O’Callahan of CoStar Group (quoted in the report), high-yield bond … Continue reading →
The London Inter Bank Overnight Rate (LIBOR) is set by a panel of 18 banks that report daily estimates of what interest rate they would need to pay to borrow money for three months from other banks. The top four … Continue reading →