LOS ANGELES-The real question is how will all the commercial mortgage loans maturing between 2014 and 2017 qualify for refinancing, says GSP's Gary Tenzer.
LOS ANGELES-Treasuries and spreads gapped out. Now spreads are tightening, but the new equilibrium is at a higher all-in rate. Are there consequences, asks GSP's Mozer in an <b>EXCLUSIVE</b> commentary.
Buyers' balance sheets are healing. Lenders are flush with cash. Interest rates are at generational lows. So… where are all the transactions? Asks GSP's Rifkind.
LOS ANGELES-The relative value of real estate is climbing, especially when compared to other asset classes such as bonds, stocks and operating companies, and investors are back to capitalize.
LOS ANGELES-While equity partners may have been the staple of years past, high leverage financing is now a viable and profitable option, says GSP's Steve Bram.
LOS ANGELES-Driven by the desire of originators to limit their portfolio exposure, CMBS lenders are less willing to hold loans on book for a long time between closing and securitization, says George Smith Partners.