Foreclosure Nation

> SBA Opens Temporary Refinancing Program to Real Estate Mortgages Maturing after December 2012 > > > WASHINGTON, D.C. –Small business owners with eligible commercial real estate mortgages maturing after Dec. 31, 2012, will be able to secure more stable, long-term financing through the U.S. Small...

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Swaps do not generate new funding; rather, they convert one interest rate basis to a different rate basis (e.g., from floating to fixed, or vice versa). The payments on a swap are a function of the notional principal amount, interest rates, and time. ...

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A crucial part of the securitization market — the Wall Street credit machine that helped set off the financial crisis — is kicking back into gear. In the last few weeks, a number of big banks have successfully bundled and sold new securities backed by commercial real estate loans. Morgan Stanley an...

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MIAMI-After struggling through the downturn, Miami's hotel market is starting to return to health. Indeed, as a key international gateway market, Miami is attracting investor interest once again. So says Jones Lang LaSalle's Hotel Intelligence Miami report. In fact, hotel transaction volume in the ...

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Confident that a long-anticipated meltdown won't happen, real estate investors are aggressively returning to the commercial real estate market. Some of the region's biggest deals since the nation went into a recession closed in the last six months. In most cases, the transactions were not propertie...

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While the housing crisis is what triggered the economic downturn and pushed so many lenders under early on in the receession, it seems the biggest threat has now shifted from residential mortgages to souring commercial real estate (CRE) loans. Commercial real estate seems to have been the downfa...

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WASHINGTON -- A top government financial regulator said on Friday banks have taken only about half the hit they will experience from commercial real estate losses, and that while banks will remain under strain from commercial properties, no systemically important firms appear at risk. "While we exp...

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The recovery of the apartment market exceeded expectations both in timing and magnitude, laying the foundation for extraordinary improvements in operations in 2011. All 44 major U.S. apartment markets are forecast to register employment growth and extremely limited construction this year. As...

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Fitch Ratings says approximately 2,000 commercial mortgage loans are due to mature over the next 12 months, representing an outstanding balance of $22.5 billion. According to a new report released by the ratings agency Friday, the maturing loans, which have an average balance of $11.4 million, were...

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Fitch Ratings says approximately 2,000 commercial mortgage loans are due to mature over the next 12 months, representing an outstanding balance of $22.5 billion. According to a new report released by the ratings agency Friday, the maturing loans, which have an average balance of $11.4 million, were...

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MIAMI-Ask 10 people for their take on Downtown Miami's office market and you'll get at least three different answers. Some pundits expect a faster recovery than others-and some don't predict much of a recovery for the next decade. The overall office vacancy rate for Miami-Dade County fell to 18.1% ...

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Finally a “Buy” Signal? Washington, D.C. – (January 18, 2010) Despite a lack of placement opportunities in 2009, foreign investors in real estate say they remain committed to the U.S. as their preferred real estate investment opportunity. The sentiment is underscored by a dramatic increase in the...

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Commercial real estate in the U.S. encompasses a wide diversity of building types and sizes. Recent problems with declining commercial space sales and prices, stagnant and declining rents, troubled assets, and financing illiquidity began with the onset of the Great Recession. The market performan...

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Here are the top five issues facing commercial real estate in 2011, according to consultant Deloitte LLP. 1. The market remains uncertain. The recovery isn’t following previous trends. While there is some indication that the worst may be over, some markets continue to decline. 2. Impact of "am...

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The best time to sign a lease may have just passed, as the apartment rental market has strengthened, Bloomberg reports. Good news for landlords, bad news for tenants. Vacancies in U.S. apartments declined in the third quarter, which ended last Thursday, for the first significant yearly drop since...

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Vacancy rates will trend higher this year and older properties will become obsolete. Hopefully with the job market expected to turn for the better later this year, we’ll see rising demand for office and warehouse space, but probably not until 2011. Consumer confidence could hasten recovery in the r...

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Default rates on office, retail, hotel, and industrial loans are up to 3.8% as of Q4 2009 verses 1.6% in Q4 2008. Real Capital Analytics reports: Defaults on multifamily mortgages soared even higher – a staggering 250% jumping from 1.8% to 4.4% There are 8,942 commercial properties in the...

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Survey says.... * Forty-three percent of respondents to Jones Lang LaSalle’s annual survey expect their loan production to range from $2 to $4 billion in 2010-a number that is more than double the 21 percent that reported sourcing in this range for 2009. * Showing even more future optimism...

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