The CBRE Pulse of U.S. office demand showed modest improvement in October with a notable uptick in new leasing requirements, while leasing activity and sublease availability held relatively steady. To gauge the pace of recovery, CBRE has created 3 indices for the 12 largest U.S. office markets -- … [Read more...] about 11.9.21: OFFICE OUTLOOK: TENANT INQUIRIES RISE, BUT SUBLEASE CHALLENGES REMAIN
10.10.19: CMBS CONDUIT LOAN RATES REMAIN AT HISTORIC LOWS
Interest rates for CMBS conduit loans remain at historic lows. After the 10-year swap rate hit a recent low of 1.33% on September 3, the rate began to move upward, creating a concern that the window for record-low CMBS conduit loan rates may quickly close. The 10-year swap rose to 1.79% on September … [Read more...] about 10.10.19: CMBS CONDUIT LOAN RATES REMAIN AT HISTORIC LOWS
6.8.18: CMBS Spreads Remain Steady
CMBS conduit loan borrowers are finding calm waters as spreads on CMBS securities have been stable at attractive levels for most of 2018. This has help offset the rise in the 10-year Swap rate, minimizing the impact on interest rates for CMBS conduit loan borrowers. The 10-year Swap rate, the … [Read more...] about 6.8.18: CMBS Spreads Remain Steady
9.12.17: CMBS Conduit Loan Rates Stable as CMBS Spreads Remain Steady
CMBS conduit loan borrowers are finding calm waters as spreads on CMBS securities have been stable at attractive levels for most of 2017 to date. In addition, the 10-year Swap rate, the benchmark index for setting interest rates on CMBS conduit loans, has remained in a relatively narrow range of … [Read more...] about 9.12.17: CMBS Conduit Loan Rates Stable as CMBS Spreads Remain Steady
4.25.17: CMBS Conduit Loan Rates Stable as CMBS Spreads Remain Steady
CMBS conduit loan borrowers are finding calm waters as spreads on CMBS securities have been stable for most of 2017 to date. In addition, the 10-year Swap rate, the benchmark index for setting interest rates on CMBS conduit loans, has remained in a relatively narrow range of roughly 2.30%-2.60%. … [Read more...] about 4.25.17: CMBS Conduit Loan Rates Stable as CMBS Spreads Remain Steady
4.6.15: SBA Guarantee Premiums Remain at Attractive Levels
It has been a while since we reported on the sale of SBA 7(a) loan guarantees, primarily because pricing has not moved much over the past year. After post-crash premiums peaked at 118.75 in February 2013, pricing gradually declined during the balance of 2013. Then, throughout 2014, secondary market … [Read more...] about 4.6.15: SBA Guarantee Premiums Remain at Attractive Levels
3.17.14: CMBS Prices Remain Firm; Market Stable
CMBS prices remained in a tight range during the last 30 days in which four CMBS deals priced. The benchmark long-term, super-senior bonds from the first issue, a $1-billion offering by Citigroup, Goldman Sachs, MC-Five Mile and Cantor Fitzgerald, priced on February 28 at 93 basis points (bp) over … [Read more...] about 3.17.14: CMBS Prices Remain Firm; Market Stable
6.27.11: SBA Guarantee Premiums Remain Lofty
Recent SBA 7(a) guarantee sales by ValueXpress partner banks confirm tremendous demand from secondary market loan guarantee broker/dealers, even for higher guarantee amounts above the $1.5-million maximum guarantee that existed prior to September 2010. When the SBA 7(a) loan limit was increased to … [Read more...] about 6.27.11: SBA Guarantee Premiums Remain Lofty