Commercial real estate Archives

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Commercial property owners in Chicago, NYC shoulder heaviest tax burden

Shehryar JoyiaJune 21, 2024

The report standardizes comparisons using an effective property tax rate, calculated by dividing the total tax bill by the assessor's determination of fair market value. The rates for other cities...

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Commercial mortgage debt rises due to slow loan payoffs

Shehryar JoyiaJune 19, 2024

“Every major capital source increased its holdings of commercial mortgages, as fewer loans than usual were paid off through property sales or refinancings,” said Jamie Woodwell, head of commercial real...

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How casual investors lost big in commercial real estate

Shehryar JoyiaJune 10, 2024

The model proved extremely profitable during the pandemic housing boom as home prices and rents soared amid severe supply shortages. But it has quickly unraveled as the Federal Reserve's aggressive...

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Commercial real estate loans put 67 banks at risk of collapse

Shehryar JoyiaJune 5, 2024

The analysis screened the 157 biggest banks with over $10 billion in assets. It used public government data to calculate each bank’s total CRE exposure as a percentage of equity....