Investment Strategies

Short sellers are starting to build up wagers against CMBX 9, which has outsized exposure to hotel debt.

Year-to-date through July, hotel prices fell 4.4 percent, retail prices 2.8 percent office prices 0.9 percent, according to Real Capital Analytics.

The recently launched company would like to make 15 or more acquisitions across the U.S. over the next year.

The two government-sponsored enterprises are on track to match 2019 origination volumes.

New York’s rate of positive Covid-19 tests fell to the lowest since the pandemic began last week. Yet tourism is down, crime is up and as many as a third of the city’s small businesses may never reopen.

Led by loans backed by hotel and retail properties, $54.3 billion in CMBS debt has been transferred to workout specialist since March.