Behind RXR’s $1B Loan Modification of its Manhattan Office Tower
RXR Realty, one of the largest real estate owners and developers in New York City has some of the Big Apple’s most notable properties in…
How High Interest Rates Are Changing Commercial Property Lending
This has been a perfect storm for the commercial real estate lending industry. Higher interest rates have slowed down the economy and made loans prohibitively…
Country Garden’s Default Further Shakes Investor Confidence
China's largest developer, Country Garden, just announced that it will default on $187 billion of its debt. There is no guarantee that the company will…
Mandates Fuel Banks’ Move to Green Property Financing
In today’s topsy-turvy commercial real estate market, getting a loan with favorable terms seems like an impossible dream. Interest rates were not hiked in the…
Zillow’s 1% Loans Have Little to Do With Helping First Time Home Buyers
Zillow has become the most popular residential real estate portal in the U.S. They did this by becoming masters of lead generation. Their first big…
Where Are the Office Foreclosures Everyone is Warning About?
Examining the office industry's future amid doomsday predictions: data challenges the severity of the situation. Despite alarming statements, foreclosures remain below 1% and high-profile cases…
Federal Reserve Leaves a Window Open for Commercial Real Estate Loans
The sudden collapse of Silicon Valley and Signature Bank rightfully raised alarms for many about the health of the banking system. There have been countless…
Loans Supporting Troubled Multifamily Deals Near Maturity, Causing Concern
Commercial real estate minds have been fixated on the office market crash in the aftermath of the pandemic lockdowns, and justifiably so. Remote work has…
Government Lending Agencies a Beacon of Stability Amid Volatile Multifamily Conditions
As regional bank issues, economic volatility, and high interest rates continue to dominate commercial real estate conversations, government lending agencies (Fannie Mae, Freddie Mac, and…
Commercial Real Estate Might Save First Republic Bank
The stability of First Republic Bank is shaky but its management claims to have some ideas for regaining solvency. One of those may include selling…