A report from the Wall Street Journal. "In mid-November, bond investors got an unwelcome surprise from one of the main ratings firms in a hot corner of the bond market: About 25% of the bonds that it had rated were…
A report from Multi-Housing News. "'It’s a great time to be a quality sponsor,' Stephen Rosenberg, CEO of Greystone, told Multi-Housing News. 'Right now, the market is extremely frothy and awash with capital. While Greystone hasn’t loosened its underwriting standards…
This is the selection of posts from the second half of 2019. I've focused on lending, US markets only and there's much more at each link to read. I'll have more in the comments below later. Thanks for dropping by.…
A report from Inc Magazine. "To find the most overpriced cities, GOBankingRates combed through data on the nation's 722 biggest housing markets, comparing median listing prices in 2019 (through November) to Zillow's estimate of median home value, which is based…
A report from the Dallas Observer in Texas. "Khraish Khraish is no longer in the low-rent landlord business. Three years ago, Khraish was among several large-scale landlords targeted by the former mayor and City Council in a campaign to drive…
A report from WTBW in South Carolina. "An off-campus student apartment complex near Coastal Carolina University could be foreclosed on after a bank accused it of owing more than $24 million. One of the newer off-campus housing options is The…
A report from the Wall Street Journal on New York. "Two New York landlords with large portfolios of rent-regulated apartments are behind on payments on more than $200 million in real-estate loans, a sign that new state rent laws are…
A report from Bloomberg. "Residential starts fell 9.4% to a 1.26 million annualized rate on weakness in the multifamily category after an upwardly revised 1.39 million pace in the prior month, according to government figures released Thursday that missed estimates in…
A report from Reuters. "Citibank has agreed to pay a $30 million fine to settle charges of repeated violations of real estate holding rules and for failing to meet its commitment to take corrective actions, the U.S. Office of the…
A report from Multi-Housing News. "Rezoning or 'upzoning' of entire neighborhoods is undertaken to, on the one hand, increase the density of housing and, on the other, provide cheaper rental units. Neighborhoods that were occupied strictly by single-family homes and…