CRE

The worst may be over for commercial real estate (CRE) assets, yet a full recovery is still some distance away, according to a recent report from Goldman Sachs. The analysis, shared by analyst Caitlin Burrows on Friday, indicates that while the annual decline in CRE transaction volumes has likely...

DKI had Enrique Abeyta from HX Research on to discuss Talen Energy (OTC: TLNE). We’ve been positive on nuclear energy and uranium so his description of the value of Talen’s nuclear plant and high-priced energy sales contract was welcome. Nvidia reported earnings. Everyone likes to joke...

Regional bank stocks, as represented by the SPDR S&P Regional Banking ETF (NYSE:KRE), have experienced a noticeable rebound after recently hitting the 200-day moving average support. This positive movement follows a series of strong earnings aQ1 2024 reports from sector players. Despite this...

This was a big week for connected events. The increase in the CPI was a surprise to the disinflation crowd that’s been screaming for lower interest rates for almost two years. Higher CPI leads to higher for longer interest rates which pushes up the dollar against the yen. That’s about...

The Federal Reserve’s indication of upcoming interest rate cuts injected optimism into the real estate sector, particularly benefiting stocks under pressure due to exposure to the office industry or elevated debt levels. A Shift Towards Speculation Thursday’s session suggests the rally...

Blackstone Inc. (NYSE:BX) President Jon Gray believes now is a good time to invest in commercial real estate, with discounted assets and potential for growth, suggesting investors to consider looking at the asset class. Speaking with Bloomberg‘s Francine Lacqua during his attendance at the...

Shares in New York Community Bancorp (NYSE:NYCB) continued to fall heavily on Monday after a brief pick-up last week following the announcement of a $1 billion capital raise. On Wednesday last week, it was announced that Steven Mnuchin, former Treasury Secretary, along with a number of other...

Federal Reserve Chair Jerome Powell reiterated Wednesday he would like to have more confidence on inflation moving back sustainably toward the Fed’s 2% target before unleashing the policy easing down the road. During a Q&A session with the House Financial Services Committee, Powell...

Bank of America has downgraded six players in the Commercial Real Estate (CRE) mortgage REIT sector, citing interest rate headwinds and weakening fundamentals that spell a “rocky road ahead” for the industry. Eric Dray, CFA, a research analyst at Bank of America, conveyed in a note to...

A staggering $929 billion of commercial real estate (CRE) mortgages are on the brink of maturity in 2024, representing nearly a fifth of the sector’s overall $4.7 trillion debt, data from Goldman Sachs revealed Wednesday. This critical insight comes at a time when the CRE debt market grapples...

The listing prices of struggling office properties remain prohibitively high and must fall by nearly half to make their conversion into multifamily homes economically viable. Those stark findings came from Goldman Sachs economists Elsie Peng and Vinay Viswanathan, who shed light on the deep impact...

Bad loans in the commercial real estate (CRE) industry have begun to exceed the loss reserves set aside by institutions such as JPMorgan Chase & Co. (NYSE:JPM), Bank of America Corp. (NYSE:BAC), Wells Fargo & Company (NYSE:WFC), Citigroup Inc. (NYSE:C), Goldman Sachs Inc. (NYSE:GS), and...

More than a dozen banks in the U.S. find themselves under the keen eye of financial watchdogs due to their sizable portfolios of commercial real estate (CRE) loans. The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency jointly indicated their intent to...

Office property transactions within Seattle’s central business district (CBD) have experienced a dramatic decline, falling to just $29 million in 2023, a staggering 98.7% drop from the previous year’s $2.3 billion, as Trepp reported this week, citing data from Cushman & Wakefield....

A significant contraction in lending is leading to a rise in defaults across the commercial real estate (CRE) sector. The lending slump also heralds a substantial slowdown in new construction projects across various property types. What Happened: Lenders in the commercial property market,...