This article is sponsored by Fitwel Joanna Frank The power of research and data to inform real estate work is the foundation of Fitwel: for nearly a decade we have led global efforts to translate public health research to demonstrate the value of prioritizing people in the built environment. In collaboration with the Centers for Disease Control and Prevention, we reviewed more than 7,000 public health research studies to identify strategies that have the greatest measurable impact on health, including mental and physical health, social health, and equity considerations. Over the past two years, we’ve taken a similar approach to…
Author: Private Lending Agent
For real estate investors, credit strategies jumped to the top of priorities when the relative attractiveness of debt and equity began to shift following the sharp base rate increase two years ago. Managers that didn't previously have real estate debt strategies launched new products to meet investor demand for credit, and those that already had lending doubled down on their debt fundraising efforts. The result? In 2022, credit funds raised the largest share of annual real estate capital in the past five years, according to PERE data. However, this growing momentum for debt strategies was overshadowed by a sharp decline…
Federal Reserve Chairman Jerome Powell and his colleagues voted Wednesday to keep interest rates at their highest in 23 years as the central bank tries to tame stubborn inflation. Justin Sullivan/Getty Images Hide caption Toggle caption Justin Sullivan/Getty Images Federal Reserve Chairman Jerome Powell and his colleagues voted Wednesday to keep interest rates at their highest in 23 years as the central bank tries to tame stubborn inflation. Justin Sullivan/Getty Images The Federal Reserve on Wednesday decided to keep interest rates at their highest in 23 years as it tries to tame stubborn inflation, and investors now believe it will…
WASHINGTON (AP) — The Federal Reserve on Wednesday underscored that inflation has remained stubbornly high in recent months and said it doesn't plan to cut interest rates until it has “greater confidence” that price growth is sustainably slowing toward its 2 percent target. The Fed announced the decision in a statement after its most recent meeting, leaving interest rates unchanged at about 5.3%, the highest level in two decades. Several recent better-than-expected reports on prices and economic growth have shaken the Fed's belief that inflation was steadily easing. The combination of high interest rates and persistent inflation has also emerged…
WASHINGTON—The Health Care and Financial Services Subcommittee held a hearing titled, “Removing Regulatory Impediments to Ensure the Health and Continued Strength of the Commercial Real Estate Market,” to examine the current state of the commercial real estate market and discuss how Biden Administration policies and regulations have impacted significantly increased costs and vacancies. Highlights: President Biden's policies during the pandemic have created an inflationary crisis that has led to high interest rates and record refinancing put-offs. At the last Health Care and Financial Services Subcommittee hearing, the Subcommittee examined how the Democrats' so-called Inflation Control Act (IRA) did not control…
Apollo Commercial Real Estate Finance (NYSE:ARI) Q1 2024 Earnings Call Record April 30, 2024Apollo Commercial Real Estate Finance Inc. wasn't among the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here).Operator: Please be advised that today's conference call and webcast are being recorded. They are the property of Apollo Commercial Real Estate Finance, Inc. and any unauthorized broadcast in any form is strictly prohibited. Information regarding an audio replay of the conference call will be available in our earnings press release. Please also refer to the safe harbor disclosures customary in…
The Federal Reserve decided on Wednesday to keep interest rates on hold, postponing a highly anticipated rate cut, as rising inflation continues to put a strain on American households.The announcement came days after new government data showed the economy was cooling.The slowdown comes amid months of persistent inflation, putting pressure on the Fed to keep interest rates high despite the risk that high borrowing costs could cripple economic activity.”The economic outlook remains uncertain and the Committee continues to pay close attention to inflation risks,” the Federal Open Market Committee, the Fed's interest rate-setting body, said in a statement Wednesday.Given the…
Today, volatile market conditions continue to be a challenge for mortgage brokers. As the market shifts, mortgage products change, withdrawals are made on shorter terms, and lenders of all sizes are trying to keep up with new market conditions. But as Acre CEO Justus Brown points out, it's important to remember that “all of this is outside the broker's control.” “This has been a challenge for them, leading many to re-evaluate their operations and look for new ways to add value to their customers while improving efficiency,” he continues.This has posed challenges for mortgage brokers, but mortgage provider Freddie Mac…
Best Business Loans for Veterans BEST FOR SHORT-TERM LOANS OnDeck Editor’s Take OnDeck was founded in 2006 and has since been a leading provider in the business lending space, offering both term loans and lines of credit. Today, they have extended $14 billion in funding to small businesses. We picked OnDeck for its variety of business lending products and same-day funding. OnDeck offers a term loan from $5,000 to $250,000 with repayments terms of up to 24 months. You can also access a credit limit of $6,000 to $100,000 through its line of credit with a 12-month repayment term that…
According to the Gallagher report, commercial property is expected to see an improvement in property insurance conditions in 2024, while the general insurance market is struggling with rising claims costs due to litigation abuse. Commercial property owners and operators are experiencing improving property insurance market conditions in early 2024, but the property/casualty insurance market remains tougher for buyers, according to a recent report from Gallagher. The report, which explored trends brokers are seeing in the commercial real estate and hospitality markets, predicts that property renewal rates will remain flat to rise by 10% for most non-CAT risk assets that have…