Commercial

When it comes to property taxes in commercial real estate world, New York City is the reigning champ
When it comes to property taxes in commercial real estate world, New York City is the reigning champ. According to a new analysis released by COMMERCIALCafé, 19 of the 20 highest taxpaying buildings are found in the Big Apple.   Leading the list with an astonishing $71 million property tax bill is... Keep Reading....
The National Association of Realtors (NAR) is predicting a stable near-term commercial real estate environment, according to its latest quarterly forecast for this sector.   NAR foresees office vacancy rates dropping by 1.1 percent to 12.1 percent over the coming year, while the vacancy rate for... more
Silver Hill Funding, a division of Bayview Loan Servicing LLC, has announced that they will now offer 80 percent loan-to-value (LTV) financing on small-balance commercial mortgages
Silver Hill Funding, a division of Bayview Loan Servicing LLC, has announced that they will now offer 80 percent loan-to-value (LTV) financing on small-balance commercial mortgages from $250,000 to $2 million.   With this new program update, business owners and investors can qualify for 80 percent... more
Commercial and multifamily mortgage originations saw a 20 percent spike between the third and the fourth quarters of 2016, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. However, fourth quarter originations were down... more
LRES has announced that Paul Bush has been promoted to its vice president of technology
LRES has announced that Paul Bush has been promoted to its vice president of technology. In this role, Bush will strategize the future direction of LRES’ proprietary technology, as well as implement and maintain its current systems. He is also responsible for driving growth by delivering secure... more