Life insurance companies have maintained a steady appetite for commercial real estate debt over the past several years. And some see recent interest rate volatility as an opportunity to edge out the competition.
One-third of REIT CEOs saw their total compensation packages decrease last year, according to a new study on REIT Executive Compensation Trends by FTI Consulting Inc. The firm found that 33 percent of the 146 CEOs of publicly-traded REITs it tracked got a pay cut in 2018. A year ago REIT CEO compensation rose 3.3 percent.
A loan request at this time last year would have received a quote in the low 5.0 percent range, but now, that quote is 4.5 percent because of the decline in the 10-year Treasury, according to Rob Murphy, vice president of the structured finance group with real estate services firm Transwestern.
Research firm Real Capital Analytics (RCA) came out with its new CPPI today, showing that the national all-property price index rose by 6.3 percent year-over-year in July. The index was also up by 0.7 percent compared to June.
Neighborhoods will see fewer corner drugstores as Walgreens has revealed recently it will shutter 200 U.S. stores, and less than a day later, CVS announced it’s pulling back on the number of new store openings annually. Is the drugstore sector undergoing a major transformation like other retail sectors?
The surge in institutional investment in the multifamily sector is making it harder for smaller-scale “country club” equity players to win deals, according to Hugh Allen, head of the Charlotte, N.C.-based South division of TD Bank’s commercial real estate business.
Borrowers looking to increase their assets and diversify their portfolios have more financing options today than ever before. Yet securing the proper financing for a real estate project can prove to be challenging, especially considering investment strategy is not a one-size-fits-all approach. Investors can choose to borrow from a traditional bank or a private lender and it’s important to note the complexities of each to see how they fit into your overall plan.
