Latest News and Reports

Bank Lending and Default Report Q1 2014 bank lending and default data tables are available for download.
Changing Patterns of Office and Retail Space Use Watch Sam Chandan's interview at the Federal Reserve Banking Outlook Conference.
Chandan's landmark study Secondary Market Investment and Lending Dynamics available now from NAIOP.

November 9 | National Real Estate Investor

Nontraditional Lenders Gain Multifamily Market Share | by Susan Piperato | As apartment fundamentals continue to strengthen, a broad range of lenders is reengaging with investors in support of property sales and new construction. NREI Managing Editor Susan Piperato writes:

November Economic Review

Economy Buffeted By European, Domestic Headwinds If equity markets offer any indication, investor optimism in the outlook for business profits increased measurably during October. The Dow Jones jumped more than 1,000 points during the month, rising by 9.5 percent. A broader market measure, the S&P 500 spiked 10.8 percent, its best one-­‐‑month result since 1991. REIT stocks performed even better.

November 3 | Austin Business Journal

Lenders Eye a Project's Location | by Cody Lyon | Lending conditions are improving even as historical loan performance trends remain mixed, explains Cody Lyon. Among other examples, Lyon cites a $35 million construction loan for RiverView Apartments in Austin made by Bank America. Jones Lang LaSalle Capital Markets' Jimmy Board tells Lyon that banks are among the sources of credit reengaging with borrowers:

November 1 | Multi Housing News

Volume of Delinquent Loans Declines The health of banks' multifamily and commercial real estate balance sheets is improving. In its November edition, Multi Housing News reports on the findings of Chandan Economics' latest analysis of mortgages held by US depository institutions. The default rate on apartment mortgages showed the largest decline, falling to 3.3 percent in the second quarter.

Read the full story in the November digital edition of Multi Housing News magazine.

November 1 | Reuters

Coach Commits to Moving to New York City's Hudson Yards | by Ilaina Jonas | Related Companies' 26-acre development on Manhattan's West Side has announced its first major commitment, explains Ilaina Jonas. Retailer Coach said it intends to purchase 600,000 square feet in one of the project's towers. Construction at Hudson Yards is expected to begin in mid-2012 with completion projected for 2015.

Read the full story at the Reuters website.

October 27 | Snohomish Business Journal

Coming Technology Wave to Sap Real Estate Values | by Tom Hoban | Coast Group's Tom Hoban writes about the role of technology and changing consumer habits in driving economic and labor market outcomes. Hoban explains that some of the changes will prove challenging:

The bad news is that, unlike the roughly 24-month jobless recovery period after the last much shorter recession, the efficiencies coming our way through the cloud and new emerging technologies inside it will be so significant that many economists are anticipating the longest jobless recovery in modern history.