They’re back! The market for commercial real estate collateralized loan obligations (CRE-CLOs) evaporated in the wake of the financial crisis. But that all changed in 2018 with volume reaching nearly $14 billion, according to Commercial Mortgage Alert. And then 2020 topped that figure with more than $20 billion. Pros say today’s offerings are not the risky collateralized debt obligations (CDOs) of old that were around pre-recession.
BANKRUPTCY AUCTION – 38.56 Acres on the Las Vegas Strip • Offered in Whole or Parts • Most significant development site available on the Las Vegas Strip • Prime location for Hotel, Gaming, Retail, Parking, etc. • Located in a Qualified Opportunity Zone • Directly across from Mandalay Bay, walking distance from the new Las Vegas Raiders stadium • Offers reviewed in advance of the bid deadline
Are apartments counter-cyclical and immune to economic shifts that negatively impact other types of real estate? Will multifamily maintain its position as the darling of the industry?
In this episode of Common Area Podcast, David Bodamer discusses the recent mega-merger between Simon Property Group and the Taubman Company. David explores the early days of the retail mall industry, which began with these two retail real-estate giants, to uncover what finally brought these two rivals together.
What lenders want to see in order to finance a retail construction project. Prominent commercial real estate economists offer their outlook for 2020 trends. Read these and other stories in the January/February 2020 issue of NREI.
Watch this on-demand webinar for an expert panel discussion on the state of fintech relevant to real estate and how your business can first assess, then leverage, the right technology to add efficiency for sustained success and scalable growth in 2020.
Democratic presidential candidate Joe Biden on Monday unveiled a $640 billion housing plan that includes tax credits for first-time homebuyers and low-income renters, as well as more federal assistance for the country’s poorest renters.
Fears surrounding coronavirus spread could cause the Federal Reserve to cut interest rates in March, reports MarketWatch. Apple has signed a 220,000-sq.-ft. lease in New York City, according to the New York Post. These are among today’s must reads from around the commercial real estate industry.
