Moody's Affirms Ten Classes of MSBAM 2016-C28

Moody's Affirms Ten Classes of MSBAM 2016-C28

The largest loan with a structured credit assessment is the Penn Square Mall Loan ($90 million — 9.5% of the pool), which represents a pari-passu portion of a $206.5 million senior mortgage loan. The other pari-passu notes are held in MSBAM 2016-C29 and MSC 2015-PSQ. There is also additional
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Ban on foreign buyers in New Zealand unlikely to have much impact on sales

'Given international buyers are such a small part of the market we're interested to understand what impact the Government believes the foreign buyer ban will actually have. We know when looking at Australia that a similar policy there has had little impact with Australia still remaining the third most
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Trump Seeks to Open Most US Coastal Waters to New Drilling

The Trump administration is proposing to open almost all U.S. coastal waters to oil drilling, including those off California and Florida where activists have fought for decades to spare delicate ecosystems from oil spills. The proposal released Thursday will go far beyond President Donald Trump's April
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Trump's Momentum Vanishes After Wolff Book Leads to Bannon Split

President Donald Trump entered 2018 with momentum: the massive tax cut he signed just after Christmas, he hoped, would give his legislative priorities a lift early in the New Year. But all of that energy vanished after publication of excerpts from a bombshell book detailing dysfunction, backstabbing and
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Toronto, Vancouver home sales fall in 2017 as prices jump

In Vancouver, the market was also split, with surging condo demand in stark contrast to slower sales of detached homes, according to a report from the Real Estate Board of Greater Vancouver (REBGV). Overall, sales dropped 9.9 percent compared to 2016, with the typical price of a home in the
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$126 million in funding for Village apartments' new 'Main Street'

Over the last two decades Lincoln Property has torn down some of the oldest apartments at the Village and replaced them with newer rental units. Invesco Real Estate – which is a partner in the $3 billion Legacy West development in Plano – is a longtime partner in the Village. HFF's Andy Scott, Michael
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Meet Student Housing Needs And Grow Your Business

The student housing market is sizeable and growing every year, so it's a very important market for property managers to consider.
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Online Lender LendInvest Lent £500 Million to Finance c.1800 UK Homes in 2017

Online lending platform LendInvest announced on Thursday it lent £500 million to help professional property investors, developers and landlords buy, build or renovate c.1800 homes in 2017. The online lender revealed that this marks a 33% increase on 2016's £375 million lending record. LendInvest
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Report: Philly housing prices at the start of 2018

Real estate number-cruncher NeighborhoodX analyzed the current housing stock in 18 Philly neighborhoods and found that overall, there are properties available at every price point. For the neighborhoods and properties covered in this analysis, the price for market-rate properties ranged from $58 to
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Perth's property market decline eases

Perth's lacklustre property market appears to have bottomed out with the rate of decline easing, new CoreLogic data shows.
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How money-laundering works in real estate

If Michael Wolff's reporting is to be believed, Stephen Bannon's assessment of the most dangerous threat posed by special counsel Robert Mueller's investigation is not the one you might have assumed. “You realize where this is going,” Bannon reportedly told Wolff. “This is all about money laundering.
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Mortgage Rates Fall at Start of Year

Mortgage rates fell at the start of the year, with the 30-year, fixed rate averaging 3.95 percent, down from 3.99 percent the week prior, according to Freddie Mac's Primary Mortgage Market Survey® (PMMS®). The 15-year, fixed rate is averaging 3.38 percent, down from 3.44 percent the week prior, while
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Top D-FW commercial real estate transactions for the week of Jan. 1

One Oak Over the Line has sold the 95,232-square-foot Arlington Oaks Office Park on 8.6 acres at 301 Osler Dr. in Arlington to ReyCo Holdings LLC. Shane Benner of Coldwell Banker Commercial Advisors DFW brokered the sale with Daniel Miller of Rubicon Representation. Phoenix-based
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Black Knight's Chip McAvoy elected to Real Estate Standards Organization board

RESO develops, adopts and implements open data standards and processes across all real estate transactions, and has more than 700 active members, including the National Association of Realtors, multiple listing service organizations, real estate associations, brokerages and technology providers.
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Eye On The Industry

Freddie Mac has announced an expansion of its Agency Credit Insurance Structure (ACIS) program with ACIS Forward Risk Mitigation (AFRM), a front-end credit risk transfer offering. This latest credit risk transfer (CRT) offering allows Freddie Mac to transfer mortgage credit risk simultaneously with the
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SA housing market strong, but shortage may loom

Yun was among the panels of experts addressing a roomful of Realtors Thursday at the the 2018 Housing Forecast put on by SABOR at the La Cantera Resort and Spa. He also said the housing market should continue to sizzle because the city's job market looks hot. Jenna Saucedo-Herrera, CEO of the
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Federal jury convicts defendants in mortgage fraud scheme involving Modesto homes

Prosecution evidence presented in the trial indicated the defendants fraudulently obtained more than $9.3 million in residential mortgage loans. The prosecutors said Surjit Singh recruited people with good credit to act as “straw buyers” for residential properties owned by his relatives and associates.
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Northwest Properties Snags 216-Unit Houston Community

Additionally, HFF's Tyler Ford secured a fixed-rate Freddie Mac acquisition loan for the buyer. The new deal comes a few weeks after Greystone provided a $36.4 million loan for the acquisition of Parkside Place, a 384-unit luxury Northwest Houston community located less than four miles from
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Immigration Plan Depends on Trump Willingness to Compromise

A U.S. Border Patrol agent stands for a photograph while keeping watch along the U.S. and Mexico border in Santa Teresa, New Mexico. Photographer: Luke Sharrett/Bloomberg. Senate Republicans angling for bipartisan immigration legislation say they're optimistic that a deal can be struck soon, but it
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See Harrowing Footage of Icy Floods Along East Coast

Along with an expected 12 and 18 inches snow, icy conditions, and frigid temperatures, winter storm Grayson is causing devastating flooding along the New England coast. On Thursday afternoon, the National Weather Service issued a coastal flood advisory along parts of Cape Cod Bay until Friday at 4
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