John Maclean
What Does the Current Economic Situation Mean for Commercial Real Estate Investors?
There’s no doubt that coronavirus has disrupted much of our daily lives. Just about every industry has been hit by the pandemic, and there’s no sure way of knowing the outcome. So far, residential prices have remained pretty steady, but many expert investors predict that will change. Similarly, the commercial real estate market has been significantly impacted by COVID-19-induced temporary
How Risk Retention Affects Lenders, Borrowers, and Bond Investors
One of the most significant benefits of being a CMBS lender is having the money that is loaned to the real estate investors replenished as soon as the bonds are sold to investors on the open market. Because these loans are not kept in the lender’s portfolio, the money paid for the bonds heads back through the securitizers to replace
What Are the Benefits of Micro-Apartments?
As large cities are increasing their population and urban living is becoming more popular, residing in a good location has become incredibly unobtainable for many. However, the rise in interest of tiny living spaces has boomed over recent months and years, and micro-apartments may be the next big thing. Micro-apartments are small living spaces in desirable neighbourhoods that may offer
Why is a Debt Service Coverage Ratio (DSCR) Needed?
DSCR, or Debt Service Coverage Ratio, is a calculation used typically in commercial lending transactions involving real estate. It measures a property’s cash flow compared to its current debt obligations. The evaluation of a company’s DSCR gives the lender a general idea on whether a business can pay a loan back on time and with interest. The higher the DSCR
What is Non-Recourse Loan Financing?
The Basics About Non-Recourse Loan Financing A non-recourse loan is a loan secure by collateral, which is usually property. If the borrower defaults, the issuer can seize the collateral but cannot seek out the borrower for any further compensation, even if the collateral does not cover the full value of the defaulted amount. In short, lenders can collect the collateral
What is a Treasury Swap Rate?
The U.S. Treasury Yield is calculated by the U.S. Department of the Treasury from the daily yield curve. It is also referred to as the Treasury Yield Curve Rate, Constant Maturity Treasury Rate, or CMTs. These rates are essentially the return an investor would receive from the purchase of a U.S. government debt obligation, such as a bill, note, or
Best Practices for Commercial Real Estate Experts
Top Tips to Help Commercial Real Estate Pros Excel As a commercial real estate professional, you know the value of exposure and a lucrative reputation. These are goals you may constantly have in mind. Despite advances in data solutions and numerous technologies, there is no magic solution for becoming a great commercial real estate expert. To help, we’ve rounded
The COVID-19 Impact on Commercial Real Estate
How the Pandemic is Affecting Commercial Real Estate It’s safe to say that the COVID-19 pandemic has affected us all. People can no longer meet, work, eat, shop, and socialize like they used to. The working world has moved from business as usual to cautious travel and remote working. The pandemic has not just sparked health and personal financial
CMA Conference: Mixed Use Commercial Real Estate Underwriting
Our January Seminar At Fidelity Mortgage Lenders, we like to keep you up to date with our latest news. One of our latest ventures was to give a speech at the CMA conference in January. Our own Peter, Glenn Goldan, and Dane Valadao from ReProp Financial (a direct private mortgage lender) gave a 1.5 hour presentation on “Mixed
California Department of Real Estate – Real Estate Broker No. 00388229 |Corp NMLS ID # 1726526
Non-consumer, Business Purpose Loans secured by commercial or residential property.
