Today's challenging macro environment is forcing investors around the world to seek assets that generate stable income, defying both high inflation and high interest rates. Real estate debt is increasingly being seen as such a solution, recognized for its ability to deliver uncorrelated returns in a diversified portfolio. The level of safety of a real estate loan depends on how each loan is structured. Andrew Gordon, head of real estate lending at Invesco, gives the example of a 65% LTV real estate loan: “In theory, if that asset falls in value by a third, it has no impact on your…
Author: Private Lending Agent
As profits continue to recover, real estate resale rates have increased for the second consecutive quarter. While investment returns remain low, they reached 30% nationwide for the first time in over a year. Real estate resale profits also hit their highest level since 2022. IRVINE, CA – June 20, 2024 – ATTOM, a leading curator of land, real estate and property data, today released its U.S. Home Resales Report for Q1 2024. According to the report, 67,817 single-family homes and condominiums were resold in the United States during the first quarter. These transactions represent 8.7% of all home sales nationwide…
For all the concern about bank lending for office buildings, relatively few observers are worried about the mounting burden on corporate borrowers.While stress is nowhere near the levels of the Great Recession, it is building rapidly as companies struggle to keep up with rising inflation and interest rates. Corporate bankruptcies are on the rise, suggesting banks may have to absorb more losses by lending to shuttered businesses.Unlike commercial real estate, where banks can at least take over distressed office buildings, the collateral backing their business loans is typically weaker, meaning they are more likely to take a bigger hit if…
The developments are unfolding as the commercial market struggles to recover from years of turmoil caused by rising interest rates and shaky occupancy rates in the wake of the pandemic.Asset managers with a combined total of 226 billion euros ($242 billion) in assets under management in Britain, Germany, France, Spain and Italy are adapting to tougher energy efficiency requirements that are only now coming into force | Photo: BloombergBloomberg Francis Schwarzkopf Commercial property fund managers say they now hold a significant portion of their portfolios in assets that they consider to be stranded because of energy efficiency requirements being introduced…
Our Top Picks for Best CRM for Real Estate Read our full CRM methodology and see how we test and review products. Salesforce Why Salesforce Stands Out Plans and Pricing Pros and Cons What We Love: Salesforce is a powerful CRM that can store and manage large volumes of data. Who It’s Best For: Real estate professionals who work at a large brokerage that needs a robust CRM to handle a lot of client data Alternatives: HubSpot is a marketing-focused CRM that can handle data for mid-sized brokerages. Market Leader is a real estate CRM that also takes a sales-focused…
People walk in front of the headquarters of the People's Bank of China (PBOC), China's central bank, in Beijing on September 28, 2018. Jason Lee | ReutersBEIJING — Ratings agency Fitch no longer expects China to cut interest rates this year, postponing any forecast cut until next year as the U.S. Federal Reserve keeps rates high.Fitch now expects China to keep its one-year medium-term lending rate (MLF) steady at 2.5% this year and then cut it to 2.25% next year. In March, the ratings agency had forecast one cut in 2024.”There are several factors behind this. First, externally, concerns about…
File photo: “For Sale” signBrandon Bell | Getty ImagesConsumers don't appear to be too impressed with the recent decline in mortgage rates: Total mortgage applications increased just 0.9% from the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) fell from 7.02% to 6.94%, and points for loans with a 20% down payment fell from 0.65 (including origination fees) to 0.61, the lowest level since March.”Last week, the latest inflation data and [Federal Open Market Committee] “At the meeting,” said Mike Fratantoni, MBA's…
According to the Mortgage Bankers Association's (MBA) latest quarterly Commercial/Multifamily Mortgage Debt Outstanding report, total commercial/multifamily mortgage debt outstanding increased by $40.1 billion, or 0.9%, in the first quarter of 2024. As of the end of the first quarter, total outstanding commercial/multifamily mortgage debt increased to $4.70 trillion. Multifamily mortgage debt increased $23.7 billion, or 1.1%, to $2.10 trillion since the fourth quarter of 2023. “Despite weak mortgage issuance activity, commercial mortgage outstandings increased in the first quarter of 2024,” said Jamie Woodwell, head of commercial real estate research at MBA. “All major capital sources increased their commercial mortgage holdings…
Amy Danise is the managing editor for the insurance section at Forbes Advisor, which encompasses auto, home, renters, life, pet, travel, health and small business insurance. She is a highly experienced editor, writer and team leader with an extensive background in the insurance sector. With a career spanning more than three decades, she has focused her work on consumer-oriented publications.Amy DaniseAmy Danise is the managing editor for the insurance section at Forbes Advisor, which encompasses auto, home, renters, life, pet, travel, health and small business insurance. She is a highly experienced editor, writer and team leader with an extensive background…
Amy Danise is the managing editor for the insurance section at Forbes Advisor, which encompasses auto, home, renters, life, pet, travel, health and small business insurance. She is a highly experienced editor, writer and team leader with an extensive background in the insurance sector. With a career spanning more than three decades, she has focused her work on consumer-oriented publications.Amy DaniseAmy Danise is the managing editor for the insurance section at Forbes Advisor, which encompasses auto, home, renters, life, pet, travel, health and small business insurance. She is a highly experienced editor, writer and team leader with an extensive background…