Market Update Blog

July 20, 2016

Barry Slatt Mortgage principal Michael Kaplan arranged $8,800,000 in debt to finance the acquisition of two free-standing Albertsons/Safeway stores located in the cities of Renton and Milton, WA. The two stores were recently awarded back to Albertsons/Safeway as part of…

July 13, 2016

The Federal Reserve should not be in any hurry to raise U.S. interest rates because inflation is so low and the economy is still short of full employment, a top Fed official said on Tuesday. “We feel like we can…

July 6, 2016

The global economy has impacted what was predicted to be a rise in interest rates in 2016. Last December was the first time since 2006 that the Fed raised the federal funds and discount rates. Thereafter it was assumed that…

July 1, 2016

Here are some thoughts on the impact of Brexit on the economy according to the economists at Wells Fargo Bank: UK exiting the EU adds greater risk to the global economy. UK will likely go into a recession. The EU…

June 23, 2016

If you own commercial real estate with a maturing loan in the next couple of years, you’re not alone. The industry is calling it the “wall of maturities.” According to the Mortgage Bankers Association, a combined total of $523 billion…