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 ‘delinquency’
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 »
Bank Closures Bad in 2009, Worse in 2010
Posted in building sale, commercial real estate, Forecast, office space, rental rate, square feet, Trends, tagged apartment vacancy, bank closures, cmbs, commercial mortgages, commercial real estate, delinquency, fdic, office buildings, rental rate, square feet, vacancy on January 18, 2010 | 1 Comment »
Not to be a dark cloud about our ”recovery” (though those who know me expect nothing less) but there are some serious issues yet to be dealt with in the banking system. These “aftershocks” are going to be felt, the question is how bad will the damage be? In 2009, the FDIC sustained losses of over $36 billion due [...]
CMBS Delinquencies On The Rise
Posted in building sale, commercial real estate, downsizing, Forecast, lease, new office, office brokerage, office space, rental rate, square feet, Trends, Vacancies, tagged cmbs, commercial real estate, delinquency, job losses, leases, mortgage, office space, securities, square feet, tenants, underperforming loans on November 21, 2009 | Leave a Comment »
It would appear the world of commercial real estate is only just beginning to show it’s true frailty as a result of the recession. Continued job losses have led to increased loan defaults. Add on hotel underperformance and you have the makings of yet another increase in Commercial Mortgage-Backed Securities (“CMBS”) delinquencies. CMBS late-pays in the U.S. jumped [...]
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 – [...]
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 [...]
National Real Estate Investor- NYC Remains a Top Investment Target for Multifamily Buyers February 6, 2012
- JLL GreenBlog
- Sustainability’s arch-enemy: short-termismPosted by: Dave Gralnik Energy and Sustainability A United Nations Environmental Programme (UNEP) report last week found that the biggest obstacle to corporate sustainability is “financial short-termism”. Of the 642 experts surveyed, 88 percent see the pressure for achieving short-term financial results as a barrier to companies taking stronger action on […]
- Sustainability’s arch-enemy: short-termism
- Retail Traffic
- DDR Launches Tenant Incubator Program February 3, 2012The program will help new business owners set up shop at DDR properties.
- DDR Launches Tenant Incubator Program February 3, 2012
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