The 10-year swap rate and 10-year Treasury rate have dropped gradually since May. This is despite an economic rebound that would suggest higher interest rates as the world recovers from the COVID-19 pandemic. The Federal Reserve, however, indicates it will be “highly accommodative for many years” … [Read more...] about 7.31.21: CMBS LOAN RATES NEAR RECORD LOWS AS TREASURY AND SWAP RATES FALL
Archives for July 2021
7.18.21: U.S. LODGING MARKET UPDATE FROM LW HOTEL ADVISORS
LW Hotel Advisors (LWHA) recently released its third-quarter U.S. lodging market update. According to Daniel Lesser, President and CEO, the U.S. lodging industry has shifted dramatically over the past 12 months. Looking back to this time last year, the world was fiercely battling the Coronavirus, … [Read more...] about 7.18.21: U.S. LODGING MARKET UPDATE FROM LW HOTEL ADVISORS
7.8.21: FORMER BANK OFFICIALS CONVICTED OF DEFRAUDING THE SBA
Five former officers and employees of the now-defunct Banc-Serv Partners LLC in Westfield, Indiana have been convicted by a federal jury in Indianapolis. The defendants were found guilty in a 13-year-long scheme to defraud the U.S. Small Business Administration (SBA) of $5 million. The U.S. … [Read more...] about 7.8.21: FORMER BANK OFFICIALS CONVICTED OF DEFRAUDING THE SBA
