Remington Archive - Uncategorized
A Look at the Capital Stack
Capital Stack is a term that gets used a lot in our industry but is not well understood by many brokers new to commercial finance. In a commercial transaction, there is usually a mix of types of financing that combine to create the capital stack. If you were to look at a diagram of the [...]
Read MoreRetail Rebounding
Here is a great article about the retail segment of the commercial real estate market. http://bit.ly/fMTW2H Because of low interest rates, even retail properties with vacancies (other than the anchor) are attracting investors.
Read MoreJoint Venture Financing
Since I brought it up last week, I figured I’d better talk a little bit about Joint Venture financing. This is the financing option that many borrowers will really need when they contact you looking for hard money. Since hard money lenders will only go up to 60% LTV at best, clients looking for higher [...]
Read MoreDoes your client really need hard money?
In many cases, when a borrower with bad credit seems to have a good deal in hand, their first thought is that they need hard money. This is not always true. Hard money deals are fast moving and are based on the value of the collateral. Typically, the LTV on a hard money deal is [...]
Read MoreHotel Distress Helps Stoke Transaction Activity
The return of the hotel transaction market has taken longer than expected, but a splash of high-profile acquisitions and a potential wave of distressed assets coming to market have many believing the dam is about to burst. Jones Lang LaSalle Hotels, which tracks asset sales $10 million and higher, reports more than $1.1 billion of [...]
Read MoreCommercial Real Estate Investors Expect More Sales Next Year
U.S. commercial real estate investors expect more property sales next year as lenders step up foreclosures to meet the hunger for distressed properties, an influential survey said on Wednesday. Respondents expect well financed lenders, such as insurance companies, to be able to negotiate good rates. They also expect well-capitalized borrowers, such as real estate investment [...]
Read MorePrivate Equity is Bouncing Back
Private equity funds raised an estimated $57 billion in the third quarter of 2010, a 16% increase over the $49 billion raised in Q2. The $57 billion figure is but a fraction of the rate the industry was pacing from 2006 to 2008. And while Preqin notes that the industry is still facing serious challenges, [...]
Read MoreInvestor Hunger for Apartment Properties
Multifamily properties in major metro markets remains the asset of choice for many commercial real estate investors, with momentum fueled by a number of large late-summer sales transactions following a solid first half of 2010. Public and private REITs have landed the largest deals of late, but private equity, pension funds, insurance companies, owner-developers and [...]
Read MorePrices Dip Nationally
Continuing along a track of bouncing along the bottom that has prevailed thus far in 2010, US commercial real estate prices took their second consecutive monthly decline in July. The index is now only 0.9% above the recession low recorded in October 2009, and 43.2% below its October 2007 peak. In response, many economists lowered [...]
Read MoreMultifamily Property
Multifamily property in major metro markets remains the asset of choice for many commercial real estate investors, with momentum fueled by a number of large late-summer sales transactions following a solid first half of 2010. Public and private REITs have landed the largest deals of late, but private equity, pension funds, insurance companies, owner-developers and [...]
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