Archive for the 'Developers' Category
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, […]
Tags: Cignal Corp., Joe Maranto, Maryland Commercial Real Estate Lending
Posted in construction, Baltimore, Developers, Bankers, Commercial Title Companies, Commercial Real Estate |
By: Myles, July 20th, 2010
Finally, some good news. Commercial real estate markets across the U.S. continued on their trend of improvement in the second quarter 2010, according to Moody’s. The news is more than welcome, in that some upward pricing movement is always a good sign for the market, if not for the industries psyche. But the long-standing problems are […]
Tags: commercial real estate, Green Shoots
Posted in Cresession, CMBS, Extend and Pretend, Modifications, CMBX, Developers, Commercial Title Companies, Market Trending, Historical Perspective, Commercial Real Estate |
By: Myles, June 11th, 2010
Fitch reported today the commercial real estate (CRE) values continue to decline giving rise to greater loan losses on CRE. On the average throughout 2009, lenders recovered ONLY 43 cents on the dollar on distressed loans. And there’s more bad news; they see the loss rate only going up.
The average loss severity rate or the ratio […]
Tags: CRE Future Outlook
Posted in Foreclosures, Foreclosure, CMBS, Debt, Cresession, CMBX, Commercial Title Companies, Market Trending, Historical Perspective, Developers, Commercial Real Estate |
By: Myles, June 9th, 2010
So you thought commercial construction has been off? You’re right and in a big way ….
Completed construction projects in downtown Baltimore fell by 62 percent in 2009 as money for new offices, homes and shops virtually dried up across the region.
Downtown Partnership of Baltimore Inc., the marketing group for city businesses, released the figures in […]
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Posted in construction, Baltimore, CMBS, Economy, Developers, Cresession, Commercial Real Estate |
By: Myles, May 26th, 2010
Funds giving investors money back? If ever there was a red flag, and in the end a litmus test regarding the state of Commercial Real Estate (CRE), here it is. According to a just published WSJ article, Dearth of Properties Spurs Fund Giveback some real-estate funds, which raised billions of dollars hoping to pounce on […]
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Posted in Foreclosure, CMBS, Debt, CMBX, Developers, Commercial Title Companies, Bankers, Commercial Real Estate |
By: Myles, February 11th, 2010
We normally would NOT reproduce language from a prospectus filed with the SEC. HOWEVER the following language is culled directly from a very interesting and timely filing made by First Mariner Bank on Tuesday (2.9.10).
It is so related to our recent posts – regarding the collapse of the commercial real estate market and the heavy-weight […]
Tags: First Mariner Bank; Commercial Real Estate
Posted in Foreclosures, Delinquency Rates, Foreclosure, CMBS, Debt, CMBX, Developers, Commercial Title Companies, Market Trending, Bankers, Attorneys, Commercial Real Estate |
By: Myles, February 11th, 2010
Here’s what MarylandCommercialTitle.com has been saying for more than two (2) years now. Could this truly be our reality?
Over the next several years, a watchdog group concludes that failed commercial real estate loans could litter American cities with empty stores and office complexes, cause hundreds of bank failures and weaken the economy.
Banks face up to […]
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Posted in Cresession, CMBS, Debt, Delinquency Rates, CMBX, Commercial Title Companies, Market Trending, Developers, Commercial Real Estate |
By: Myles, September 16th, 2009
It is September 2009 and here are the headlines: Lack of Opportunity to Purchase Quality Assets Surprises Investors ….. Commercial Real Estate Sectors Expected to Deteriorate Through 2010. Who would have guessed that a full year post the Lehman collapse, we’d be here.
Despite a still-struggling U.S. economy, ill credit markets, deteriorating property fundamentals, and precipitous […]
Tags: 2009 3rd Quarter CRE Survey, Korpacz Real Estate Investor Survey
Posted in Cresession, CMBS, CMBX, Developers, Market Trending, Commercial Real Estate |
By: Myles, August 7th, 2009
YEP … It is official: Commercial real estate (CRE) markets are now down into a severe and historic recessionary decline. Earlier this week the MIT Center for Real Estate released their Q2 2009 read on the nation’s commercial property market showing a stunning:
All commercial structures (as an aggregate PRICE): Down 32.07% year-over-year decline !!!
Decline of 36.33% in DEMAND.
Worse […]
Tags: commerial real estate, Q2 2009
Posted in Developers, Market Trending, Commercial Title Companies, Commercial Real Estate |
By: Myles, July 31st, 2009
A heads up for real estate professionals: H.R. 2454, the cap and trade legislation approved by the U.S. House of Representatives on June 26, 2009, if passed into law, would have a profound effect on the real estate sector.According to an excellent article by Leanne Tobia of Reuters, entitled, How the Cap-And-Trade Bill Could Transform […]
Tags: Cap And Trade, Energys Impact on Real Estate
Posted in Cap and Trade, Legislation, Home Builders, Residential Real Estate, Developers |