Betting on Interest Rates
How long do we really think interest rates will stay down? Its probably the most important question facing real estate players today. Low interest rates have allowed many borrowers to sidestep default or foreclosure and enabled refinancing at lower rates than original mortgages. In fact, low rates have allowed the industry to steer mostly clear of the cliff of hundreds of billions of dollars of commercial mortgages refinancing in an environment where many borrowers struggle with balances at or above property values. Simply, they have prevented a debacle.
CHICAGO—The Dodd-Frank regulation will mean opportunities for well-capitalized lenders and B-piece buyers, according to PGIM Real Estate Finance’s Richard Flohr and Alison Jacobs.
IRVINE, CA—No longer sterile, institutional-looking properties, today’s healthcare facilities are borrowing from the warm, lifestyle-inspired and community-oriented designs of modern retail and hotel development, LPA executives tell GlobeSt.com.
WASHINGTON, DC--The benefits for CRE are many: a 15% tax rate for pass-through entities, a greater preference for rental housing, more equity in the capital stack and did we mention a 15% tax rate?
LOS ANGELES—Demographic diversity is going to help keep our economy thriving, and the next generation is already taking the reigns, Hessam Nadji of Marcus & Millichap said in his keynote speech at RealShare Los Angeles.