We recently closed and continue to actively work on new CMBS conduit hospitality loans in Corpus Christi, Texas. Hotel owners are puzzled by all the concern about the potential decline in room demand as owners simply are not seeing it. January and February 2015 were both up in terms of revenue over … [Read more...] about 2.25.15: CMBS Lenders Beginning to Differentiate Among Oil-Related Markets
Archives for February 2015
2.20.15: Excitement Builds for National Alliance of Commercial Loan Brokers (NACLB) Annual Conference & Expo
The first National Alliance of Commercial Loan Brokers (NACLB) Annual Conference & Expo at the Red Rock Casino in Las Vegas, Nevada is rapidly approaching. Preparations are in place to make this one of the top commercial loan brokerage events of the year. The conference begins on Sunday evening, … [Read more...] about 2.20.15: Excitement Builds for National Alliance of Commercial Loan Brokers (NACLB) Annual Conference & Expo
2.16.15: CMBS Borrower Loan Rates Off Record Lows with Swap Increases
Everyone involved in the origination and underwriting of CMBS conduit loans or the creation and selling of CMBS securities backed by the loans is keenly aware of the swap market. The swap rate is integral to the interest rate charged CMBS conduit loan borrowers and a key factor in the profitability … [Read more...] about 2.16.15: CMBS Borrower Loan Rates Off Record Lows with Swap Increases
2.12.15: Apartment Rents Rise in 2014 Amid Strong Demand, But Is the Party Over?
Reis reports that apartment rents grew by 0.6% nationally during the fourth quarter of 2014, a bit of a slowdown from the pace observed during 2014’s second and third quarters. Nevertheless, the trend in rents is up. Annual rent growth for apartment rents was 3.5% in 2014. This the best performance … [Read more...] about 2.12.15: Apartment Rents Rise in 2014 Amid Strong Demand, But Is the Party Over?
2.3.15: Fixed-Fee CMBS Loan Programs Continue to Expand
“A colleague of mine for over 15 years announced the formal launch of a new fixed-fee CMBS conduit loan origination platform at the 2015 MBA Commercial Real Estate Finance Convention (CREF) held in San Diego, California,” commented Michael D. Sneden, Executive Vice President of ValueXpress. “I was … [Read more...] about 2.3.15: Fixed-Fee CMBS Loan Programs Continue to Expand
2.2.15: Join the Mortgage Action Alliance
“If you only take away one thing from this year’s MBA convention, please join the Mortgage Action Alliance,” David H. Stevens, President and CEO of the Mortgage Bankers Association said in his opening remarks at 2015 MBA Commercial Real Estate Finance Convention (CREF) held last week in San Diego, … [Read more...] about 2.2.15: Join the Mortgage Action Alliance