Market Update Blog

September 9, 2014

Commercial MBS spreads are trending back in after blowing out last month. As issuers shopped two conduit deals this week, the initial indications were that the spreads on the benchmark classes could be 4-6 bp tighter than the 90 bp…

August 27, 2014

All businesses must be mindful of cash flow, but the real estate community is particularly susceptible to fluctuations in the ebb and flow of income. In fact, poor cash flow management tops the list of failed real estate development enterprises,…

August 20, 2014

Investors are taking advantage of fixed rate financing during recent market swings. Although a different animal altogether than the market swings prior to the downturn, the recent volatility in the CMBS market brings back uncomfortable memories for a few investors….

August 13, 2014

Commercial MBS prices dropped sharply this week, erasing the remaining gains from a big rally last month. The benchmark class of the latest conduit deal priced at 85 bp over swaps—far wide of the post-crash low of 71 bp achieved…

August 6, 2014

Interest rates have been at historic lows for several years now. With recent rumblings from the Fed about the future of the stimulus program and economic pundits stoking the rumor mill, the big question in the financial world is when…

The State of California has enacted legislation in two key areas of the Energy Code. If you’re involved in commercial real estate operation or construction, here’s what you need to know. Any commercial real estate or construction project permitted after…