F. Scott Fitzgerald once wrote that “there are no second acts in American lives.” And while the author of The Great Gatsby might have been referring to actors, auteurs and elected officials, he clearly missed the boat when prognosticating the resilience of commercial mortgage-backed securities (CMBS). Through the first five months of 2024, the CMBS market is not only back, but thriving. SEE ALSO: Sunday Summary: Talkin’ ’Bout My Generation A year after issuance of conduit CMBS — multi-asset, multi-borrower deals — declined by 27 percent on the year, and issuance of SASB CMBS — single-asset, single-borrower deals — declined a…
Author: Private Lending Agent
Indian public and private banks provide loans to qualifying businesses and charge interest at the start of the equated monthly instalments (EMIs). Businesses with a credible balance sheet and good credit rating score have a better chance of getting business loans. However, getting a loan requires a process of document submission and verification, and only after that the loan is approved. Here we discuss the interest rates charged by public and private banks in India and their assessment process to help you prepare your business loan application. table of contents View more View more Interest rates for business loans offered…
Real estate is a reliable asset class that is often found in diversified portfolios. Real estate investment trusts aren't the top Morningstar fund categories in terms of price appreciation or income generation, but they offer a good balance of both over the long term. Currently, the real estate fund sector offers an average dividend yield of 3.21%, more than double the 1.32% dividend yield of the overall stock market, as represented by Vanguard 500 Index Fund Admiral Share Class (VFIAX), a popular alternative to the widely followed S&P 500 Index. But the real estate fund sector has outperformed rival groups…
Better Homes and Gardens® Real Estate is proud to announce the affiliated agents and teams recognized in this year’s REAL Trends Verified and Top 1000! We are thrilled that these agents and teams have been recognized for their talents and successes. Congratulations and well-done! THE THOUSAND Individual Ranking Leah Williamson, Better Homes and Gardens Real Estate Metro Brokers #149 Medium Team by Sides The Jon Murray Group, Better Homes and Gardens Real Estate Big Hill #58 VERIFIED Mega Team by Volume The Star Home Team, Better Homes and Gardens Real Estate Star Homes The Misty SOLDwisch Home Selling Team, Better Homes and Gardens…
Learn about the exciting Tokyo Derby (JpnⅠ) with 188BET. 16 elite athletes will participate. Introduction Tokyo Derby 188BET Welcome to the thrilling world of Japanese horse racing! On June 5th, the prestigious Tokyo Derby (JpnⅠ) will take center stage, bringing together three-time dirt champions. Starting this year, the Tokyo Derby has been upgraded to a dirt race, and we can expect some exciting, high-stakes racing. With 16 participants, including four from the JRA and 12 from local horse racing, this race is sure to be a heated battle. Let's take a look at the details of this highly anticipated event!…
The Garden State saw nearly $9 billion in investment property sales in 2023, but much of that came from unexpected counties.The Real Deal examined property sales data of $100,000 or more across commercial, industrial, multifamily and vacant development land recorded by the Bergen, Essex, Hudson, Hunterdon, Middlesex, Monmouth, Morris, Passaic, Somerset, Sussex, Union and Warren county recorders between Jan. 1, 2023 and Nov. 19, 2023, totaling just under $9 billion, to see where commercial money is flowing.The lion's share of that volume came from Middlesex County, which sits across from Staten Island and recorded more than $1.5 billion in transaction…
The recent accelerated rise in global interest rates, the fastest in decades, brought the curtain down on an extended period of cheap money but provided little clarity on the longer-term outlook. In 2024, competing forces of tepid growth, geopolitical tension, and regional conflict are creating nearly equal chances of higher-for-longer benchmark rates and rapid cuts. In the banking industry, this uncertainty presents both risks and opportunities. But in the absence of recent precedent, many institutions lack the necessary playbook to tackle the challenge. As rates have risen from their record lows, banks have in general profited from rising net interest…
A $28 million commercial mortgage-backed securities (CMBS) loan secured by an office property in Greenwood Village, Colorado, has been placed into receivership due to imminent default. The loan is secured by Harlequin Plaza, a two-tower, 330,000-square-foot office building owned by Unico Properties at 7600 East Orchard Road, 13 miles southeast of downtown Denver. The five-story glass building opened in 1981 and remains a Class B office building after a 2013 renovation. See also: $235 million loan approved for affordable housing development on Greenpoint Hospital site The $28 million CMBS loan represents 19.66% of the remaining collateral in WFCM-2014-LC16. Harlequin Plaza…
The commercial real estate industry is in a slump, and it could drag the financial sector down with it, according to a new report from Florida Atlantic University (FAU). The root of the problem is the COVID-19 pandemic, which has caused commercial real estate holdings to fall in value due to the shift to remote work, while coronavirus-induced inflation and the resulting rise in interest rates are also putting stress on banks' holdings. With data through the fourth quarter of 2023, FAU reported on the potential for commercial real estate to be a liability for the nation's largest banks in…
The past decade has seen a staggering increase in the number of companies making public commitments about their carbon footprint. With roughly 40% of carbon emissions coming from buildings, no industry is more under pressure to make this commitment than the real estate industry. Since the 2015 Paris Agreement set a goal of achieving net-zero global carbon emissions by 2050, decarbonization goals and efforts have accelerated around the world. In the United States, some of the largest real estate developers and operators have set ambitious targets to significantly reduce their carbon emissions and reach net-zero by certain milestones. Here, we…