Category Archives: Articles

U.S. Market Recon – May 2017

Economy
Housing
The US economy grew in the past quarter, though not as strongly as it had previously. Unemployment continues to fall, with the headline rate ticking down to 4.4%. Workers’ earnings continue to rise, with average earnings climbing to $901/week. Rental vacancies are trying to escape their downward trend, with the national rate ticking up to 7.0%. Home ownership continues to fall, with the national rate declining to 64%. Home building applications continue to rise this month and quarterly housing prices continue to rise a further 0.8%. Continue reading
May 6, 2017

U.S. Market Recon – April 2017

Economy
Housing
The US economy grew in the past quarter, though not as strongly as it had previously. Unemployment continues to fall, with the headline rate ticking down to 4.5%. Workers’ earnings climbed to $897/week this month, though the long-term trend is negative. Rental vacancies are trying to escape their downward trend, with the national rate ticking up to 6.9%. Home ownership is trying to escape its downward trend, with the national rate climbing to 64%. Home building applications continue to rise this month and quarterly housing prices continue to rise a further 0.8%. Continue reading
April 7, 2017

Let’s Go Green

Freddie Mac’s new “Green Advantage” Loan Program

Freddie Mac’s new “Green Advantage” program can provide both better pricing and higher proceeds for multifamily projects that will undergo energy saving upgrades. Continue reading

May 22, 2017

To Yield or not to Yield?

Prepayment Penalty Choices in the Era of Rising Interest Rates

Most commercial mortgages, particularly fixed-rate mortgages, have some sort of prepayment penalty. Lenders impose such a penalty to earn back some, or all, of the interest income they would have earned had the mortgage remained outstanding for its entire term.

Prepayment penalties generally come in one of three flavors: Continue reading

May 22, 2017

U.S. Market Recon – March 2017

Economy
Housing
The US economy grew in the past quarter, though not as strongly as it had previously. Unemployment continues to fall, with the headline rate ticking down to 4.7%. Workers’ earnings continue to fall, with average earnings declining to $895/week. Rental vacancies are trying to escape their downward trend, with the national rate ticking up to 6.9%. Home ownership is trying to escape its downward trend, with the national rate climbing to 64%. Home building applications continue to rise this month and quarterly housing prices continue to rise a further 0.8%. Continue reading
March 10, 2017

U.S. Market Recon – February 2017

Economy
Housing
The US economy grew in the past quarter, though not as strongly as it had previously. Unemployment is trying to escape its downward trend, with the headline rate ticking up to 4.8%. Workers’ earnings continue to fall, with average earnings declining to $895/week. Rental vacancies are trying to escape their downward trend, with the national rate ticking up to 6.9%. Home ownership is trying to escape its downward trend, with the national rate climbing to 64%. Home building applications are losing their upward momentum this month and quarterly housing prices continue to rise a further 0.8%. Continue reading
February 3, 2017

Is It Time to go to the Crowd?

New Loan Alternatives via CrowdFunding

The growth of the CrowdFunding sector in the last 2-3 years has been dramatic, and is likely to accelerate through 2018. Numerous websites and articles have been written to describe what this means for individual investors, but what about for real estate operators? Continue reading

May 22, 2017

U.S. Market Recon – January 2017

Economy
Housing
The US economy grew in the past quarter, though not as strongly as it had previously. Unemployment is trying to escape its downward trend, with the headline rate ticking up to 4.7%. Workers’ earnings continue to rise, with average earnings climbing to $893/week. Rental vacancies are trying to escape their downward trend, with the national rate ticking up to 6.9%. Home ownership is trying to escape its downward trend, with the national rate climbing to 64%. Home building applications are losing their upward momentum this month and quarterly housing prices continue to rise a further 0.8%. Continue reading
January 6, 2017

U.S. Market Recon – December 2016

Economy
Housing
The US economy grew in the past quarter picking up the pace from the previous quarter. Unemployment continues to fall, with the headline rate ticking down to 4.6%. Workers’ earnings fell to $888/week this month, though the long-term trend is positive. Rental vacancies are trying to escape their downward trend, with the national rate ticking up to 6.8%. Home ownership is trying to escape its downward trend, with the national rate climbing to 64%. Home building applications are losing their upward momentum this month and quarterly housing prices continue to rise a further 1.7%. Continue reading
December 2, 2016

U.S. Market Recon – November 2016

Economy
Housing
The US economy grew in the past quarter picking up the pace from the previous quarter. Unemployment continues to fall, with the headline rate ticking down to 4.9%. Workers’ earnings continue to rise, with average earnings climbing to $892/week. Rental vacancies are trying to escape their downward trend, with the national rate ticking up to 6.8%. Home ownership is trying to escape its downward trend, with the national rate climbing to 64%. Home building applications are losing their upward momentum this month and quarterly housing prices continue to rise a further 1.7%. Continue reading
November 4, 2016