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 see that we should be worried about? In other words, there is nothing obviously… Continue Reading
Today’s headlines may cause you to think that office transactions have quietly dropped off the radar screen for lenders. But as multifamily activity slows, office is once again on the rise. Over the last five years according to RCA, multifamily… Continue Reading
What was a takeaway from the 2018 Building Owners and Managers Association International (BOMA) Middle Atlantic conference? The biggest take-away we saw from the conference and the Upstate New York market as a whole is the adaptive repurposing of the… Continue Reading
By John Beuerlein, chief economist, Pohlad Companies The stronger than expected May employment report that was released on June 1 showed non-farm payrolls increased 223,000 during May. This reinforces the likelihood that the Fed will increase the Federal Funds rate… Continue Reading
By John Beuerlein, chief economist, Pohlad Companies The initial reading for 1Q-18 GDP is 2.3 percent, down from the 4Q-17 reading of 2.9 percent. This was somewhat expected as first-quarter GDP has exhibited weakness in five of the last six… Continue Reading
Fannie Mae’s green lending program was extremely popular last year, but the business has fallen slightly this year. Fannie Mae’s green lending program has been extremely popular—and because the business falls outside of Fannie’s lending caps, there is plenty of… Continue Reading
