Capital Markets

As rent revenue declines, expenses are rising.

This time last year no one could have imagined how 2020 would turn out. But with the contours of a once-in-a-lifetimes Black Swan event now clear, we now have a realistic sense of how 2021 might unfold.

Refinancing of $150 million was recently arranged for the historic 606-key Fairmont hotel on behalf of the borrower, an affiliate of Mirae Asset Global Investments.

Supporting affordable housing development is among the best practices for cities to support growth through the pandemic.

The firm disposed of the Cardinal portfolio, a 10-propery, 1,207-unit garden-style apartment portfolio in central and north Florida.

Office users are reassessing the office space, and office owners will have to pivot quickly to survive.

LIBOR, the world's long-standing benchmark rate, is set to phase out by the end of 2021, with Freddie Mac charging forward to adopt the Secured Overnight Financing Rate as its replacement.

Many CRE players have been predicting a recession for years. Now that it is here, there is more certainty about future project timing.