Commercial Real Estate Markets Hold Steady
April 23, 2008
A new report by Moody’s Investors Service indicates that six of the seven commercial property types held their ground at the end of the first quarter. Read the story by Poonkulali Thangavelu in the April 23 issue of the online version of National Real Estate Investor.
http://nreionline.com/industrynews/commercial_real_estate_hold_steady_0422/
More Good News
April 23, 2008
Predictions of Massive Delinquencies Don’t Seem to be Coming True
So far, commercial real estate has been weathering the credit crunch quite well. Read the whole story by David Bodamer in Retail Traffic Online
“CMBS Continues Rally; Market Improves”
April 1, 2008
The CMBS market’s tone has improved, with spreads on CMBS tightening across the board, in some cases sharply. Spreads on super-senior AAA bonds ended last week at an average of 245 basis points over swaps, in from nearly 309 bp over swaps a week earlier, according to the Commercial Real Estate Direct CMBS Pricing Matrix. The market’s tone seems to have improved markedly and some attribute the market optimism to recent Federal Reserve actions to improve liquidity.” We have great rates & programs for Multi-Family and Commercial Loans. Rates as low as 5.5% for multi-family property & 6% for commercial investment property.
Let’s Talk!
Thanks,
Mike Callis, VP
BMC Capital
800-891-1657 - Toll Free
602-685-9900 - Phoenix
520-495-0029 - Tucson
888-298-1242 - Fax - NOTE NEW FAX #
303-325-7863 - CO Office
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Credit Market for Commercial Mortages
March 27, 2008
For an interesting perspective on the credit market for commercial mortgages, read Spooked: Credit Market Concerns Haunt Commercial Mortgages in the CoStar newsletter.
