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At this week's NMHC Annual Meeting, Berkadia's Ernie Katai heard repeatedly that “there is just a need to continue to get capital out,” he tells GlobeSt.com.
<i>Real Estate Forum</i> is inviting industry members to submit the past year's significant transactions for the magazine's upcoming “Best of 2017” section. Nominations are due Feb. 1.
The most common incentives being offered for multifamily financings are from the agencies and involve pricing discounts, such as affordable components and green rewards, NorthMarq's Ory Schwartz tells GlobeSt.com.
Chosen by a special Federal Reserve committee as its preferred alternative to Libor, the Secured Overnight Funding Rate is tied to "the extremely liquid, high-volume repo market,” Mission Capital Advisors' Jillian Mariutti tells GlobeSt.com.
The flagship InterContinental is the newest high-rise hotel to be developed in San Francisco and the only hotel that is contiguous to the Moscone Convention Center, which is completing a 300,000-square-foot expansion.