Posted on November 28, 2011 in
commercial real estate with
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Commercial Real Estate Investing News: According to the Moody’s/REAL Commercial Property Price Indices the September prices were down by -1.4% over all types of commercial property sales for the first time in four months. In the past 20 months over 20% of the sales have been in distressed categories. In September distressed commercial sales were [...]
Commercial real estate and mortgage banking analyst, Trepp LLC has estimated that mortgage delinquencies in all types of bank loans have declined in the second quarter of 2011. Trepp’s study includes residential and commercial real estate loans as well as construction and business lending. Trepp’s conclusion is that the recovery that stalled in the first [...]
Moody’s reports that commercial prices are bumping up and down along the bottom right now. Some months prices are up a bit, and others they are down. In June prices dropped 4% is what Moody’s called a “choppy drop.” The prices are still higher than they were at the height of the recession in October 2009. Overall commercial prices are 41.4% below their peak recorded in October 2007.
Representative Walt Minnick of Idaho is expected to introduce a loan guarantee program worth $15 to $25 billion to help support refinancing of underwater commercial loans. The bill would introduce a new board at the Treasury Department to prepare underwriting guidelines for the program.
According to commercial research firm Real Capital Analytics, lenders are beginning to reclaim seriously delinquent commercial loans at an accelerated pace.
Posted on May 19, 2010 in
commercial real estate with
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According to Trepp LLC research the default rate of commercial mortgage-backed securities reached an all-time high in April. The rate of commercial mortgages 30 days or more late, in foreclosure, or being sold as REOs jumped to a record high of 8.02% in April. Fitch Ratings pegs the default rate in the commercial sector even higher at 8.14%.