In this month’s Commercial Podcast, I’m happy to share some good news about the commercial real estate sector from our just-released quarterly outlook. Good news is something we can use a lot more of. Also hear why the upcoming REALTOR® Rally in DC on May 17 is an important event for commercial practitioners—and all REALTORS®—to take part in. The Rally isn’t just about housing; we’re also there to remind Congress about how vital commercial real estate is to the economy. I hope to see everyone there.
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Commercial Markets Stabilize in Late 2011
Commercial real estate in REALTOR® markets moved toward broader stabilization during the fourth quarter of 2011. More
Real-estate Firms Managing Selling Volume of Distressed Commercial Mortgages
Firms, known as special servicers, are dealing with souring loans backed by commercial-mortgage-backed securities, or CMBS: a total of $90.9 billion through the end of September, compared with $73.8 billion at the end of last year, according to credit-rating firm Fitch Ratings. But the pace at which those loans have been resolved has picked up at an even faster rate, with $27.9 billion recovered by special servicers from bad loans in the third quarter, compared with $8.9 billion in the first quarter, according to Fitch. Read more…
NO COST 4th Quarter T & I Briefing Podcast
A no cost resource for identifying and reporting trends in technology and innovative business practices related to commercial real estate. Listen to the 4th quarter podcast as Rob Hamman shares how he closed a commercial real estate transaction with the help of Twitter. Look to NAR for the products and resources you need to stay on top of trends and get more clients. Visit REALTOR.org/RightTools. Read more..
