My Fellow Americans,
It is an honor to be able to contribute to The CRE Review. I look forward to helping this fine blog and its readership stay abreast of what's going on in real-estate.
If you need to reach me: creJingleMale@gmail.com
Now let's get back to business. Here is what has been going in this sphere recently:
- Demand for Commercial Real Estate Loans is on the Rise - SoberLook
- According to JPMorgan, interest-only loans (equivalent to "balloon" mortgage) are on the rise and average loan coupon has been declining.
- Wall Street Sees Promise in Multifamily Loans - WSJ Developments
- “Multifamily loans lead the pack in terms of how aggressive the lenders will get” within commercial real estate, said Christopher Haynes...
- Germany to Sell Real Estate to Lone Star for $1.4 Billion - Bloomberg
- It’s the country’s biggest commercial-property deal of the year.
- Blackstone, Ranieri Betting on Bad FHA Loans: Mortgages - Bloomberg
- The FHA’s recent auction had 13 loan pools that sold for 24.8 cents to 59.3 cents per dollar of unpaid principal balance. The sales prevented $1 billion in fiscal 2013 losses for the agency’s insurance fund, Galante said
- Starwood Books Upgrade as Hotel Demand Slows: Corporate Finance - Bloomberg
- The company plans to generate 65 percent of its earnings from fees, Chief Executive Officer Frits van Paasschen said on an Oct. 25 conference call.
- Jingle Male
5 comments:
dear jingle,
just in time for the holidays! so should I be loading up on 2007 AJs? (mmmph)
crABS
@ CrABS
2007 AJs? I like where your heads at. I know a few widows and orphans out in Ohio that could use them as stocking stuffers.
JM
wouldn't you pay $40 for CMSC 2007-C1? Someone just did. I guess they didn't figure on most of their interest getting cut off two weeks later.
It was probably the desk at Credit Suisse...
I used to work for the head of their desk. I think they are smarter than that.
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