National
TODAY’S DEALS: KeyBank Secures Delaware Acquisition Financing
KeyBank lands a $20.4 million Fannie acquisition loan; Greysteel closes a 16-unit sale in Washington, D.C.; and Essex Realty brokers the sale of a six-unit building for $805,000.
Economy Watch: Growth in the Euro Zone Might Benefit US Real Estate
Ahead of the spring meetings of the International Monetary Fund and World Bank in Washington this weekend, the IMF released its World Economic Outlook and the Global Financial Stability Report.
Economy Watch: Beige Book Says Economy Growing, But…
The Federal Reserve’s Beige Book might be anecdotal in nature, but they are high-quality anecdotes.
Economy Watch: Apartment Industry Benefiting from Student Debt
The U.S. economy in the first quarter of 2015 seems to have been a little soft. However, apartment owners and developers are also fortunate in that a very large generation is coming of age right now, and they want to form households.
TODAY’S DEALS: Loan Saves Queens Condo from Auction Block
Madison Realty Capital closes $14 million for a mixed-use condo property in Flushing, N.Y.; URS Capital Partners completes its third apartment acquisition in Charleston; and NorthMarq Capital arranges a $16.8 million refinance through PPM.
Economy Watch: Good Times for Hotels, But Properties Are Harder to Develop
Apartments have been the darling of the recovery since the recovery started, but the hotel market has snapped back from the dark days of 2009 and ’10 almost as dramatically.
TODAY’S DEALS: NorthMarq Closes $32.6M for Kansas Community
NorthMarq arranges refinancing for a 298-unit asset; Hunt provides two Fannie Mae loans in Wisconsin; and iStar Atlanta condo sales hit $12 million in the first quarter.
Economy Watch: ULI Predicts Healthy Real Estate Markets Through ’17
With its weakened job growth, sluggish GDP expansion, and uncertainty about interest rates, the first quarter produced some jitters about the economy, and thus the potential for further real estate growth.
Economy Watch: When Will Interest Rates Rise?
The monetary policy question of the year is: When are interest rates, so low now, going to be a little higher?
Economy Watch: Apartment Absorption Outruns Construction
The development of new apartments nationwide has been nothing if not brisk since the end of the recession, but it does have its ups and downs.