A longstanding practice in commercial real estate may be costing property sellers hundreds of thousands of dollars without their knowledge, according to Connecticut broker Jeff Kravet. Major national brokerages, he says, routinely refuse to cooperate with competing brokers on investment sales, limiting the pool of buyers and often resulting in lower sale prices for their ...
Developers nationwide are finding it increasingly difficult to make multifamily projects financially feasible as construction costs remain high and access to capital tightens. Lisette Calderon, CEO of Neology Group in Miami, argues that the only reliable solution is a level of vertical integration that most firms have not attempted. Calderon says Neology Group now performs ...
Miami’s industrial real estate market is seeing a shift in how new warehouse properties are bought and sold. According to Irene Dakota, Senior Commercial Advisor at Metro 1 Commercial, the latest wave of amenity-rich warehouses in Miami’s urban core is being absorbed almost entirely by cash-paying owner-occupants. These buyers prioritize operational efficiency and proximity over ...
The idea that banks can indefinitely extend troubled commercial real estate loans is likely overstated, according to Bill Bymel, founder and CEO of First Lien Capital LP. While regulatory forbearance and creative loan restructuring have allowed banks to avoid recognizing losses, Bymel contends that structural and political forces will eventually require banks to confront the ...
The commercial real estate default crisis is deeper than official bank reporting suggests, according to Bill Bymel, founder and CEO of First Lien Capital LP. While major banks currently report default rates between 3% and 5% on their commercial real estate loan portfolios, Bymel contends the true level of distress is much higher once loans ...
After a failed development proposal, Burr Ridge, Illinois, has changed its strategy for handling large, strategic properties. Instead of waiting for developers to pitch ideas, the village is investing in its own planning process – a notable departure from the traditional, reactive model of suburban development. “If we made an error in the beginning, we ...
Established hotel owners are increasingly lending money to other hotel owners and operators, stepping into a role traditionally filled by banks and debt funds. As credit tightens and acquisition opportunities shrink, these experienced operators are using their own balance sheets to finance deals, effectively becoming lenders, but with the ability to step in and operate ...
The idea that regional banks have pulled back entirely from commercial real estate lending oversimplifies the reality, according to Stephen Haase, Director of Capital Markets at Greysteel. While regional banks have not exited hotel lending altogether, they have become much more selective based on deal size. Haase says this shift is creating a clear split ...
Across the hospitality sector, fewer hotel deals are getting done, and the reason is largely practical rather than macroeconomic. As the cost of bringing properties up to current brand standards continues to climb, renovation budgets are increasingly breaking the math on potential transactions. In many cases, the added capital required upfront makes deals harder to ...
Institutional investment firms are significantly reducing their minimum deal size requirements in South Florida’s industrial market, with thresholds dropping from over 100,000 square feet to as low as 50,000–60,000 square feet. This adjustment comes as large firms seek to capture momentum in the mid-market sector, according to Jason Abitbol, Senior Investment Advisor at APEX Capital ...
South Florida’s industrial development is increasingly focused on multi-tenant properties, as builders respond to slowing absorption in the large single-tenant sector and heightened demand for smaller, flexible industrial spaces. According to Jason Abitbol, Senior Investment Advisor at APEX Capital Realty, developers are shifting priorities to align with current market realities. Current Development Assessment Absorption rates ...
A massive reclassification of bank loans mandated by federal regulators in 2024 has revealed a $1.5 trillion exposure that may represent one of the financial system’s most significant hidden risks, according to a veteran distressed debt investor who tracks regulatory developments. Bill Bymel, founder and CEO of First Lien Capital, says the Federal Reserve’s requirement ...
Lancaster, Pennsylvania’s residential market is booming with 10.7% year-over-year home price appreciation and multiple high-rise apartment projects coming online. But according to one veteran developer, the assumption that residential density automatically revitalizes downtown commercial districts is proving dangerously wrong. John Meeder, President of Meedcor Development, has watched Lancaster add hundreds of new units in apartment ...
The hotel financing market faces an unexpected risk in 2026 that could undermine any benefits from Federal Reserve rate cuts: the possibility that political influence over monetary policy could backfire and actually push borrowing costs higher. Stephen Haase, Director of Capital Markets at Greysteel, says the anticipated replacement of the Fed chair in May 2026 ...
The hotel financing landscape has quietly split into two distinct markets, with regional banks retreating from larger deals and debt funds aggressively filling the void, according to a capital markets expert tracking the shift. Stephen Haase, Director of Capital Markets at Greysteel, says the division occurs around the $20-25 million transaction threshold, where regional banks’ ...
