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Archive for the 'Commercial Real Estate' Category

Nearly Half of Commercial Mortgages that Mature in 2011 are Underwater

By: Myles, July 6th, 2011

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 […]

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Institutional Commercial Real Estate Buyers

By: Myles, June 12th, 2011

New buyers, new hope. Institutional investors overtook publicly traded real estate investment trusts as the largest acquirers of U.S. office buildings in the first quarter, a sign of widening demand that may push property prices up.
Buyers including pension funds, insurance companies and sovereign-wealth funds added a net $1.39 billion to their office-building holdings in the […]

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David Fishman’s MSBA 2010 Real Estate Case Hit Parade

By: Myles, May 24th, 2011

 With permission from David Fishman, Esq. we are please to, once again, distribute his now infamous Real Estate Hit Parade of cases from 2o10.Please make sure to click here to access the full piece …  2010 Hit Parade

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$1 Trillion in Commercial Refi’s; Falling Values

By: Myles, May 23rd, 2011

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 […]

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Commercial Mortgage Trends

By: Myles, April 27th, 2011

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

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Quality Developers, Great Track-Records, Yet Tightening Credit

By: Myles, March 17th, 2011

As reported in the January 28, 2011 edition of the Baltimore Business Journal, Maryland’s Cautious Banks Tighten Lending Requirement, the article reflects the current state of lending in Maryland.More specifically, examples are cited of secure, quality developers – with great track-records like Cignal Corp. — who are ready to build, but due to strick lending environments, […]

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Is The Commercial Mortgage Market Healing?

By: Myles, January 5th, 2011

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 […]

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Will Congress Waive Their Magic Foreclosure Wand?

By: Myles, October 19th, 2010

Is it really possible that Congress will waive its magic legislative wand and pass a bill to “forgive” banks for the potentially criminal errors they made in foreclosure proceedings?
In a blog column posted Friday, October 15, 2010 by John Carney, a CNBC editor, argues that lawmakers in DC won’t allow the country’s largest issuers of mortgages to suffer […]

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FDIC Auctioning $1.12B in Real Estate

By: Myles, October 1st, 2010

Bloomberg today reports that the Federal Deposit Insurance Corp. (FDIC) plans to seek bids for about $1.12 billion of commercial and residential real estate loans as part of the agencys sale of assets seized from failed banks.

The scheduled sales are composed of about:

$773 million in residential acquisition, development and construction loans
$351 million of debt related to […]

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Commercial Mortgage Debt Falls in Q2 2010

By: Myles, September 30th, 2010

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 […]

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