Market Update Blog

U.S. defeasance activity hit a post-crash high of $20.9 billion last year, driven largely by refinancings that allowed borrowers to pocket cash or improve their properties. The volume of defeased…
February 25, 2015
U.S. stocks were little changed Wednesday as traders watched the second day of testimony from Federal Reserve Chairwoman Janet Yellen . “People are hanging onto every word Janet Yellen speaks,”…
February 18, 2015
The commercial real estate lending landscape is a moving target, effected by market developments, current events, and boardroom decisions. Different lenders have different goals, as well as disparate reactions to…
February 11, 2015
Early refinancing is a trend in CMBS 2.0, says Fitch Ratings, which expects the trend to continue as interest rates remain low and property fundamentals improve. Accordingly,  borrowers increasingly have…