Commercial

The development, construction and ongoing operations within commercial real estate supported 6.25 million American jobs and pumped $861 billion into U.S. GDP during 2016
The development, construction and ongoing operations within commercial real estate supported 6.25 million American jobs and pumped $861 billion into U.S. GDP during 2016, according to the annual study “Economic Impacts of Commercial Real Estate,” published by the NAIOP Research Foundation.   Last... Keep Reading....
The delinquency rate for U.S. commercial real estate loans in commercial mortgage-backed securities (CMBS) reached 5.18 percent this month
The delinquency rate for U.S. commercial real estate loans in commercial mortgage-backed securities (CMBS) reached 5.18 percent this month, a drop of five basis points from December’s 14-month peak, according to new data from Trepp LLC. On a year-over-year basis, the rate is above the January 2016... more
The delinquency rate for U.S. commercial real estate loans in commercial mortgage-backed securities (CMBS) reached 5.18 percent this month
As a commercial mortgage underwriter, broker and lender with more than 30 years of experience, I am constantly asked by residential lenders and brokers to explain the mechanics of commercial mortgage underwriting. Residential lenders are accustomed to asking about a borrower’s income, credit, net... more
MISMO, the Mortgage Industry Standards Maintenance Organization, has extended the public comment period for the proposed data standard for the exchange of rent roll information on commercial property. The public comment period has been extended through Wednesday, March 15, 2017. MISMO released the... more
A new survey by the Mortgage Bankers Association (MBA) of the nation’s top commercial and multifamily mortgage origination firms is offering an optimistic forecast for lending in 2017. Nearly two-thirds (63 percent) of the survey’s respondents predicted originations will increase this year, with... more