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Commercial, Multifamily Lending Hits Yearly Record With $1 Trillion in Sight

by Melissa Cline | Feb 23, 2022 | Commercial Properties, Real Estate Market

Commercial and multifamily mortgage loan originations hit a record high last year at $900 billion and may not be done climbing, according to the Mortgage Bankers Association’s quarterly survey released this week. Even while the capital markets are widely anticipating...

California Lawmakers Take Step To Extend Media Production Tax Credits

by Melissa Cline | Jan 20, 2022 | Commercial Development, Real Estate Market

California’s film and TV tax credit program is a step closer to being extended five years beyond its scheduled expiration after a key legislative committee passed a measure deemed crucial to keeping Los Angeles and other regions competitive for production business...
CoStar Predicts: Nontraditional Retail Tenants Drive Up Rents

CoStar Predicts: Nontraditional Retail Tenants Drive Up Rents

by Melissa Cline | Jan 20, 2022 | Commercial Properties, Real Estate Market

Retail landlords with tenants such as restaurants, gyms and grocery stores will be more likely to secure even bigger premiums when it comes to rent increases next year, according to a CoStar analysis. Nontraditional retail tenants, be it those that offer experiences...

Nation’s Largest Banks See Signs Property Financing Could Increase

by Melissa Cline | Oct 28, 2021 | Commercial Properties, Real Estate Market

Even Hardest Hit Property Sectors See Improving Values Four more of the nation’s largest banks have joined JPMorgan Chase & Co. in reporting improved outlooks for commercial real estate lending. The holding companies for U.S. Bancorp, Citigroup, Bank of America...
Quarterly Los Angeles Apartment Sales Strongest Since 2019

Quarterly Los Angeles Apartment Sales Strongest Since 2019

by Melissa Cline | Oct 21, 2021 | Commercial Development, Commercial Properties, Real Estate Market

Investors Demonstrate Strong Demand To Acquire Multifamily Assets in Third Quarter Sales volume in Los Angeles County during the third quarter was strong, totaling $2.9 billion, the highest level in a single quarter since late 2019. Average pricing per unit, which had...

Fed Leaves Interest Rates Unchanged

by Melissa Cline | Oct 3, 2021 | Commercial Properties, Homeowners, Real Estate Market

Expected Tapering of Bond Purchases Could Be Decided in October, Powell Says The Federal Reserve’s Open Market Committee voted Wednesday to maintain its current accommodative stance on monetary policy, keeping short-term interest rates low. In a statement, the U.S....
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