The trend of higher delinquency rates for commercial properties continued its storied climb this month, for the fifth month in a row, finishing at 6% last month. Hotels continue to be the hardest hit, with Extended Stay America now delinquent on a large loan and contributing greatly to the 129 basis-point increase. Most analysts predict the increase will [...]
Posts Tagged ‘commercial loans’
Hotels Top the CMBS Delinquency List
Posted in commercial real estate, Forecast, rental rate, square feet, tagged cmbs, commercial loans, commercial real estate, delinquency, extended stay, rental rate, square feet, vacancy on February 11, 2010 | Leave a Comment »
The Call of the Distressed
Posted in building sale, commercial real estate, downsizing, Forecast, lease, office brokerage, office space, oregon, portland, retail brokerage, square feet, Trends, Vacancies, vancouver, tagged cmbs, commercial loans, costar, default, delinquency, distressed properties, flex, industrial, office, plummeting values, retail, specially serviced loans, square feet, vacancy on September 24, 2009 | Leave a Comment »
According to a new report from Costar News, the number of properties under distress and delinquent loans are up by 50% in 2009. Some eye-popping statistics include: Specially Serviced CMBS Loans – loans that are delinquent or reached maturity without pay off or have ongoing issues with credit problems involving tenants or borrowers. Jan. 2009 – [...]
High Times For Tenants in 2010
Posted in building sale, commercial real estate, data centers, downsizing, Forecast, lease, new office, office brokerage, office space, oregon, portland, retail brokerage, square feet, start up, sublease, Trends, Vacancies, vancouver, tagged commercial loans, commercial real estate, cost basis, DCR, debt coverage ratio, lease, loan to value, LTV, office space, retail space, tenants on September 15, 2009 | Leave a Comment »
Many industry experts are predicting 2010 as one of the best year’s for tenants in a long, long time. Why? Because as more commercial properties exchange hands (whether through foreclosure or preemptive moves by distressed owners/banks) the cost basis for new owners will be significantly lower than for the previous asset holders. This will, in turn, push rents [...]
Community Banks May Bite the Dust
Posted in build to suit, building sale, commercial real estate, downsizing, Green Building, office space, Trends, tagged banking system, commercial loans, commercial real estate, community banks, default, delinquency, office development on May 7, 2009 | 1 Comment »
While the fed report indicates our banking system can further endure a recession (pass the stress test), there is still a river full of troubled waters ahead for many. For starters, banking system discussions by the government have largely focused on big institutions with little or no information shared regarding smaller banks. But more than 150 small and medium-sized U.S. banks are currently failing and expected to [...]