Source: Business Wire — The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralize CMBS climbed to 86.9% as of February 29, 2012 from 86.4% as of January 31, 2012. Loan values were 79.9% as of February 28, 2011.
“CRE loan prices in February continued the upward trend of the past year,” said DebtX CEO Kingsley Greenland. “CRE loan prices rose due to the continued tightening of credit spreads, despite a moderate rise in treasury rates during February.” Read the full press release here…
Source: The Real Deal — Real estate in the Americas experienced a slowdown in 2011, as the European debt crisis and economic fits and starts at home inhibited the volume of commercial leasing and sales, but fundamentals point to a brighter 2012, according to Cushman & Wakefield’s Economic Pulse report, released today. Read the full story…
Commercial real estate loan rates just updated today. Keep in mind these rates are for information purposes and that you may be able to improve on these by submitting a loan request and speaking with a loan advisor. There are deals being made and projects are funding fairly well now, we have also recently lowered our minimum to $400k as we’ve added a few new funding sources. Any questions about loan rates for qualifying properties submit your loan request here.
Source: Bloomberg TV — Daniel Neidich, chief executive officer of Dune Real Estate Partners, talks about the U.S. housing and commercial real estate markets. Neidich speaks with Betty Liu and Dominic Chu on Bloomberg Television’s “In the Loop.”
Source: WSJ Online — While the high debt levels tied to commercial real estate caused significant worry among analysts and federal regulators in the early days of the economic downturn, banks have gradually been finding their footing more than three years after the collapse of Lehman Brothers. Read the full story…
Source: Washington Post — Zillow, Redfin, Trulia: all familiar names to anyone who’s looked for a home lately. But where in this digital landscape would you go to look for office or other commercial real estate space? Starting today, 42Floors is finally the answer to that question. It’s a web service aimed squarely at helping companies find office space easily–and also those listing leasable space.
But could it really have taken five to seven years for office space search to finally be optimized by the Internet?
Yes, says 42Floors co-founder Jason Freedman, who blames the commercial real estate industry’s lack of a consumer focus and reliance on hapless brokers for keeping the opportunity at bay for so long. It’s hard to believe, but in an era when software is eating the world, it hasn’t yet taken a bite out of this $11 trillion industry, which has a very poor Internet presence. Read the full story…
Commercial real estate loan rates just updated today, with some lower rates for the smaller balance portfolios. There are deals being made and projects are funding fairly well now, especially in the multifamily sector. Any questions about loan rates for qualifying properties submit your loan request here.
Source: Reuters – U.S. banks increased lending for commercial real estate and apartment buildings for the first time in nearly two years in the fourth quarter of 2011, another sign of confidence in the improving U.S. economy.
Banks expanded their loans for apartment buildings and commercial real by $5 billion in the fourth quarter, with the bigger, healthier banks leading the way, according to a report released on Wednesday by Chandan Economics, which tracks real estate bank lending. It was the first expansion of commercial real estate loans since the first quarter 2010, the report said.
Read the full story here…
Commercial real estate loan rates have been updated for the week. Noticeable drops in rates lately, especially in the multifamily sector. Any questions about loan rates for qualifying properties please call us at 1-800-713-922.
