introduction The loan-level initiative lays out specific information requirements per loan for both asset-backed securities (ABS) and non-marketable debt securities backed by eligible credit obligations that can be accepted as collateral in Eurosystem credit operations (SME and public sector debt securities backed by eligible credit obligations (DECC)). This will increase transparency and provide market participants with more timely information in a standard format on the underlying loans and their performance. Until now, the valuation of ABS has been hampered by a lack of standardized, timely and accurate information on single loan exposures. The Eurosystem believes that the data requirements will…
Author: Private Lending Agent
It’s unlikely that Blondie was referring to real estate investors in her 1980 anthem “The Tide is High,” but for many real estate investors that are struggling to refinance loans in a higher rate environment, the water is awfully high.According to Trepp, LLC, a New York based data analytics firm, there are $300 billion of Freddie Mac and CMBS loans (Collateralized Mortgage Backed Securities) coming due in the next 24 months. Of those, 42% would be cash-in refinances and of the 42%, half would require cash in of more than 25% of the loan balance.Familiar properties to many both in…
Understanding the importance of distressed properties is essential to navigating the unpredictable real estate market. Distressed properties are assets that are in a financially distressed state, meaning the current owners are financially unable to maintain the property. According to data from the MSCI Capital Trends US Distress Tracker, distressed balances in the U.S. commercial real estate market will surge to $85.8 billion by the end of 2023, marking a significant one-year increase of $28.9 billion. This upward trend, although slower in pace, is a notable trend in the current market. Trepp® CMBS research insights highlight the multifaceted nature of the…
The Better Homes and Gardens® Real Estate network extends heartfelt congratulations to its associated brokerages for being named to the 2024 RealTrends 500 list. This prestigious ranking recognizes the nation's leading real estate firms known for their exceptional service and commitment to superior performance. “Being recognized in the RealTrends 500 rankings marks a significant accomplishment, and we are proud to have these distinguished brokerages as part of the BHGRE® network. Their dedication to excellence reflects the core values of the BHGRE® brand and has established them as leaders in the real estate industry.” Top Real Estate Brokers of 2024 The…
The typical home resold in the Lake Charles area sells for double what investors originally paid, according to the data.According to the 2023 U.S. Home Flip Report from ATTOM, a national curator of land, property and real estate data, the Lake Charles area was once again the best market for home flipping in Louisiana and the third best market out of more than 200 MSAs in the U.S., while the national market for home flipping declined. The data showed that the typical gross return on investment for renovated homes there was 107.8%, with a median purchase price of $80,000 and…
Key Takeaways Office properties remain the biggest pain point in commercial real estate loans. Loan burdens are growing and delinquencies are on the rise. Delinquencies are growing amid continued extensions and modifications by lenders. As a result, the amount of commercial real estate loans maturing at the end of 2024 has jumped 41% to more than $900 billion. Commercial office real estate and related lending problems continue to plague the U.S. banking industry, and the nightmare is likely to continue for some time to come. Concerns over their exposure to commercial real estate loans have rattled the shares of many…
No matter where you post a job, whether it's on your company website, Indeed, LinkedIn, or Facebook, you need a carefully crafted job description to attract the most qualified candidates. A business analyst job description should also include details about the job responsibilities, requirements, and skills required, in addition to job description prerequisites such as an equal employment opportunity statement and job benefits. The full details of the job description are often compiled in a one-page document that can be used to attract candidates during the hiring process, define the role, and establish the level of responsibility within the company.…
Those who have lived in Dallas all their lives and those who are new to town agree on one thing: The region’s greatest strength is its can-do attitude. It’s contagious and has helped pull North Texas through some of its toughest challenges. So, it’s not surprising that once again this year, D CEO received a record number of nominations for our annual Commercial Real Estate Awards. It wasn’t just the volume of entries that made judging this year’s program so difficult; it was the caliber of the projects and deals and the impact they will have on our region for…
Dive Overview: Moody's Analytics said office commercial real estate values are likely to fall 26% by the end of next year as many companies downsize their workspaces or relocate to cheaper properties to adapt to the work-from-home trend. Valuations of all CRE types are likely to fall 10% from peak to trough over the next 18 months, Moody's said in a report Thursday, adding that “the office sector will be hit hardest by a large margin.” While CRE accounts for nearly a quarter of bank lending and the largest portion of bank debt, “there is ample evidence that banks are…
In January, New York Community Bancorp (NYCB) announced a big loss in its commercial mortgage reserves, causing its stock price to fall by 70%. Shortly thereafter, financial analysts at Evercore ISI crunched the numbers and found that several regional banks were increasing their exposure to commercial loans, raising concerns for investors.Their research suggests that the four banks face accelerating risks if the commercial sector continues to struggle.Karen/Frost BankerM&T BankSynovus FinancialCitizens Financial GroupJohn Pancari of Evercore, one of the analysts who has studied the issue, said that while loan defaults (or losses) have not reached the levels seen during the financial…