Tag Archives: market

Dan Smith: CMBS Market Poised for a Comeback

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Dan Smith: CMBS Market Poised for a Comeback
Brokers and lenders are heavily competing for new loans. All collateral types are favored, with Fannie and Freddie still dominating multifamily. Interest rates remain low, LTV ratios are more conservative, and rating agencies are becoming more transparent.
Read more on D Magazine

Congress Called Out by MBA to Improve FHA Multifamily and Healthcare …
“Recently, the FHA told Congress that it is on pace to exhaust its commitment authority for multifamily and healthcare program loans for fiscal year 2013 and will require additional authority to insure these loans. Failure to provide the additional …
Read more on LoanSafe

Focus back on Coachella Valley affordable housing
There's an effort statewide to make apartments more affordable as well as improve existing multifamily housing, officials said. Claudia Cappio, keynote speaker and executive director of the Sacramento-based California Housing Finance Agency, said her …
Read more on The Desert Sun

California bank entering the Houston market with loan office

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California bank entering the Houston market with loan office
That means the 14th most-active Small Business Administration lender in the U.S. is entering the Houston market. As of the fiscal year 2012, Seacoast has made 205 SBA loans and had a yucky approval amount of $ 135 million, according to the U.S. Small …
Read more on Houston Business Journal (blog)

WOJTOWICZ: Prepare, then apply for small-business loan
Among government-helped alternative programs, the U.S. Small Business Administration supported 1.3 million 504 and 7(a) loans in the first quarter of fiscal year 2013, an increase of 11 percent over the previous year. The average amount of those SBA …
Read more on Indianapolis Business Journal

Yadkin Valley reorganizes underwriting departments
A second unit, which specializes in underwriting small business loans (loans under $ 250,000, including SBA loans), is located in Monroe and will be called the bank's Small Business Banking Center. Yadkin Valley operates under the American Community …
Read more on Charlotte Business Journal (blog)

Silicon Valley commercial real estate market will continue to sizzle, report says.

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Silicon Valley commercial real estate market will continue to sizzle, report says.
What's more, the tech employment and expansion boom that has gobbled up office and research space at a dazzling pace the last couple of years is showing few signs of slowing down, the report released by commercial real estate firm Colliers …
Read more on San Jose Mercury News

Looming Sequestration Expected to be a Villain to Commercial Real Estate …
Because the federal government is omnipresent–as an office tenant, as a builder of roads, bridges, military facilities, prisons and even offices–the revenue that the federal government contributes to the commercial real estate economy will be missed.
Read more on World Property Channel

Variant Buys 3709 Unit Babcock & Brown Portfolio Through Receivership Sale
BUSINESS WIRE)–Variant Commercial Real Estate, L.L.C. (Variant), a private real estate investment company, is pleased to announce the acquisition of a portfolio consisting of 14 multifamily properties it bought from court-appointed receivership.
Read more on EON: Enhanced Online News (press release)