The refinancing will enable Denholtz to complete an extensive renovation plan throughout the portfolio that includes replacing all parking areas and roofs, as well as facade repairs to each building.
The CRE community feels that 150 basis point increase is about as high as it can tolerate before material adverse effects set in, according to Seyfarth Shaw's Real Estate Market Sentiment Survey.
HALL Structured Finance has opened a Reg. A debenture offering in an effort to raise $50 million in investments to meet the growing demand for construction financing.
Generally, the new tax plan is seen as something positive, a move that will allow investors to put more money into real estate because of the tax savings, Real Capital Markets' Tina Lichens tells GlobeSt.com.
Despite some headlines, panelists at the recent MBA CREF/Multifamily Housing Convention and Expo 2018 say that as ecommerce continues to grow, the risks and opportunities for lenders remain difficult to forecast.
Much has been discussed about the relatively less-favorable tax treatment for residents in high-tax states incentivizing moves to lower-tax locations, but Wells Fargo's Daniel Adams tells GlobeSt.com that a lot of this has been exaggerated.