November 11, 2011 (Download your copy of the MylesTitle Advisory Council Breakfast Seminar Materials)

THE FATE OF $90+ BILLION IN COMMERCIAL REAL ESTATE LOANS:
 

WHO are “Special Servicers”? 
WHAT do they do? 
WHERE do they operate? 
WHEN are the deals happening? 
WHY, most importantly, does it matter to you? 

INVESTORS & DEVELOPERS: Learn about immediate opportunities that exist for Developers & Investors, and […]

Due to the intense competition for the small number of qualified and viable commercial real estate deals in the marketplace today, underwriting is starting to get very competitive, which in turn is getting a bit loose these day.A recent NY Times article outlines this trend, especially in the Commercial Mortgage Backed Securities (CMBS) market. Back at […]

Roughly half of the $346 billion of commercial mortgages that mature this year have principal balances greater than the value of their collateral, according to Trepp LLC. Trepp, a New York research firm.
And 63 percent of the $360 billion of loans held by banks, insurance companies and CMBS trusts that come due […]

BEWARE — U.S. commercial property prices may fall within a year, as building owners attempt to refinance $1 trillion in mortgages. Rents in some cities don’t justify the rising prices being paid and may force owners to give up properties when their loans mature. 

The market is “due for a correction” in the next 12 months […]

An interesting review of commercial deals, lending, CMBS, and other related trends. Worth a watch ….

Daniel Indiviglio at The Atlantic just published an interesting article, “Is the Commercial Mortgage Market healing?”Frankly, it is not wholly clear that the commercial mortgage market is, or will, become better in the very near future. However, Indiviglio lays down a fairly solid argument that is more than worthy of a quick  look. For quite some time […]

FINALLY, SOME GOOD NEWS : The latest review of the Federal Reserve Board’s Flow of Funds data by the Mortgage Bankers Association reveals that the level of commercial/multifamily mortgage debt outstanding decreased in the second quarter, to $3.24 trillion

The declines were driven by drops in commercial and multifamily mortgages held in CMBS and loans held by […]

This just in from Fitch Ratings …
While the pace of defaults remains elevated, a record number of loan resolutions in August again tempered the effect of $3.1 billion of new delinquencies, according to the latest U.S. CMBS delinquency index results from Fitch Ratings.
Recent defaults on five loans greater than $100 million contributed to a 23-basis […]

As an increasing number of commercial property owners face upcoming debt maturities, more of them have started to use threats of strategic default as a bargaining tool in negotiations with lenders.
Knowing how reluctant lenders are to take back assets, borrowers of every kind, from big publicly traded REITs to private players with only a handful […]

Everyone in the real estate development industry are trying to read the tea-leaves. Will there be disaster or can the unthinkable be avoided?
With more commercial mortgage-backed securities (CMBS) loans on the verge of default this Fall 2010, Special Servicers are being forced to accelerate these loans through the Real Estate Owned (REO) process to […]