A year ago, most people thought interest rates were moving up. The reality has been just the opposite. Treasuries have plummeted and pulled lending rates down with them.
CMBS lenders may be gaining in popularity with multifamily borrowers as Freddie Mac and Fannie Mae slow down in the race to make loans on apartment properties.
The founder of IWG Plc is planning to spin off the firm’s U.S. business into a separately listed company in New York, Sky News reported, citing people familiar with the matter.
A once-unthinkable collapse in global bond yields is forcing pension funds to buy bonds that offer negative returns -- putting the financial security of future retirees in jeopardy.
The yield curve has inverted to its lowest level in 12 years, reports CNBC. The three major dollar store chains sold expired over-the-counter drugs and motor oil obsolete since the 1930s, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
