The volume of CMBS loans in special servicing declined in November by $5.1 billion, the largest-ever one month decline, to $70 billion, according to Morningstar Credit Ratings. Volumes are at a three-year low and have fallen for nine months...
Thanks to the current low interest rate environment, an increasing number of borrowers in New Jersey are now electing to accept prepayment penalties in an effort to lock in historically low interest rates for the long term. Oftentimes what...
Since the financial crisis, many banks have all but abandoned financing for commercial real estate. Many financial institutions are still struggling under the weight of non-performing commercial real estate (CRE) loans and increased regulation...