The percentage of loans paying off on their balloon date hit a 12-month low last month, according to the just-released Trepp July 2012 Payoff Report. With only 26.3% of loans reaching their balloon date paid off, the July total was well under the 12-month average of 41.6%. (This number simply sums … [Read more...] about 8.7.12: July Payoff Report: Percentage of Loans Paying Off Hits New 12-Month Low
2.10.12: Report from the 2012 MBA CREF Convention
Last year at the MBA Commercial Real Estate Finance Convention (CREF) “cautious optimism” prevailed regarding CMBS conduit originations, tempered by disappointment in the size of the minimum loan balances sought by CMBS conduit originators ($20mm and up), required debt yield (13%-14%) and … [Read more...] about 2.10.12: Report from the 2012 MBA CREF Convention
6.18.11: AAHOA Report: Debt Available for Hotel Owners
Hotel owners who attended the recent Asian-American Hotel Owners (AAHOA) Convention and Trade Show in Las Vegas, NV were encouraged by the improvement noted in room sales in late 2010 and 2011 to date after poor business conditions resulted in revenue declines of at least 10%-30% during the … [Read more...] about 6.18.11: AAHOA Report: Debt Available for Hotel Owners
2.10.11: CMBS Conduit Loan Origination in 2011 & Beyond: Report from the MBA CREF Convention
The prognosis for CMBS conduit loan origination in 2011 and beyond was discussed at this year’s MBA CREF convention by three of the most active originators of CMBS loans right now, Richard Schlenger of Citigroup, Roddy O’Neal of Goldman Sachs and Dennis Schuh of JPMorgan. In addition, Warren DeHaan … [Read more...] about 2.10.11: CMBS Conduit Loan Origination in 2011 & Beyond: Report from the MBA CREF Convention