Commercial Lending

Commercial Lending (184)

Will COVID-19 Leave Commercial Real Estate with Lasting Scars?

The economic impact from the coronavirus pandemic could stay with the commercial real estate industry long after the virus is under control. So reports TechCrunch. Read more...

ShareState Unveils Margin Call Relief Program

Real estate crowdfunding company ShareState has announced a relief program for lenders facing margin calls. Read more...

Tom Barrack Warns of Commercial-Mortgage Collapse

Billionaire real estate investor Tom Barrack has sounded the alarm that the commercial mortgage market is on the verge of collapsing. So reports Bloomberg. Read more...

Landlords Grant Retailers Rent Deferrals Due to Coronavirus

Many landlords are offering retailers a temporary break on their rent, according to major landlords and real estate advisers. So reports Yahoo Finance. Read more...

Finance Pros Ring Alarm About Real Estate Fractional Ownership

Financial advisors are sounding notes of caution about what they say are the drawbacks of real estate fractional ownership. So reports Financial Planning. Read more...

New Rent Rules In NY Pose Risk To Multifamily Lenders Says Fitch Study

The New York tenant protection legislation enacted last week by the state Legislature has negative credit implications for multifamily lenders with concentrated exposure to the NY metropolitan area, Fitch Ratings says. The new laws, which strengthen tenant protections in New York City (NYC) and the state, do not necessarily translate into immediate ratings revisions for… Read more...

MBA Survey on LIBOR Transition Finds a Mix of Preparation and Uncertainty Among Commercial and Multifamily Real Estate Firms

Commercial and multifamily real estate finance firms are preparing for the transition away from the London Interbank Offered Rate (LIBOR), but there is little uniformity when it comes to the details, according to the results of a new survey by the Mortgage Bankers Association’s (MBA) LIBOR Outreach Committee. LIBOR is used as the base rate… Read more...

Commercial/Multifamily Originations Increase 12 Percent in the First Quarter

Commercial and multifamily mortgage loan originations rose 12 percent in the first quarter compared to the same period last year , according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. In line with seasonality trends, originations the first three months of the year were 34 percent lower than the fourth… Read more...

Commercial/Multifamily Originations Rise to Record $573.9 Billion in 2018

Commercial and multifamily mortgage bankers closed a record $573.9 billion in loans in 2018, according to the Mortgage Bankers Association’s (MBA) 2018 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation. Commercial bank portfolios were the leading capital source for whom loans were originated in 2018, responsible for $174.0 billion of the total. The government sponsored… Read more...

Greystone Provides $58.8 Million in HUD-Insured Financing 

Greystone has provided a $58.8 million HUD-insured loan to refinance a skilled nursing facility in Southampton, N.Y. The transaction was originated by Fred Levine, a managing director at Greystone. The $58,848,000 permanent FHA refinance carries a low, fixed interest rate and 35-year term and amortization. The non-recourse loan refinances and consolidates the asset’s existing debt.… Read more...

Pembrook Closes $33M Deal in the City of Palms

Pembrook Capital Management invests in commercial real estate with a core emphasis on affordable housing across the United States. The strategy the firm deploys involves commercial real-estate debt, including first mortgages, mezzanine, bridge loans, note financings, and preferred equity. Read more...

Hunt Finances Acquisition of a Multifamily Property in Crab-Cake Capital

Hunt Real Estate Capital it provided a conventional Fannie Mae loan in the amount of $15.68 million to finance the acquisition of a multifamily property located in Baltimore. The Park Raven Apartments is a vintage multifamily apartment community that consists of 253 multifamily units. The property was built in 1949, renovated in 2006, and is… Read more...

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