Investors are refinancing apartment deals before rates head up. Advanced Real Estate Services has closed nearly $252 million in financing deals, with refinancing transactions representing a majority of the bunch. Of the eight deals, all of which were secured by… Continue Reading
These days, it is more than just the temps that are white hot in Phoenix. Competition among both buyers and lenders is heating up in the Phoenix apartment market. Transaction volume is down from levels set in 2016, but demand… Continue Reading
By John Beuerlein, chief economist, Pohlad Companies Most recent economic reports continue to paint the picture of a strengthening economy. While history is important, the bigger question is whether or not this momentum is likely to continue into the second… Continue Reading
July 2018 – Labor Department reports 213,000 jobs added in June The Labor Department reported on July 6 that employers added 213,000 to their payrolls during June, following an upwardly revised 244,000 increase in May. While payrolls rose, the unemployment… Continue Reading
Rising Interest Rates Haven’t Slowed Agency Activity The agencies are seeing another strong year. To date in 2018, Freddie Mac has funded $22.9 billion, an 18% year-over-year increase, and Fannie Mae is on par with the tremendous volume that it… Continue Reading
The commercial real estate environment is so strong, not only for Texas, but the rest of the nation, that observers can’t help but wonder, what don’t we see that we should be worried about? In other words, there is nothing obviously… Continue Reading
