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One Weak Sector of the Commercial Real Estate Market Has Begun to Turn Around, Despite U.S. Economic Sluggishness

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Clearwater, FL (Vocus) October 18, 2010

This year the number of hotels being sold, as a percentage of investment volume within the CRE property sector has increased from below 8% at the peak of the market to over 10%. But more than one-third of hotel transactions that closed through the end of last summer involved distressed conditions, such as foreclosures, auctions or short sales. But the numbers alone can be misleading.

According to Ira J. Friedman, COO of Guardian Solutions, a commercial loan restructuring firm specializing in various segments within the commercial real estate market, they have seen a significant and steady increase in the number of hotel owners facing imminent foreclosure that are able to save their properties.

This latest trend is an indication to us that commercial real estate may be finally on the right path to mend itself. Lenders and special servicers that we work with closely seem more willing to restructure, workout or negotiate discounted buyouts than they did in the past; specifically, there was $ 1.29 billion in distressed properties that sold off in the first half of 2010, compared with $ 1.04 billion in first-half 2009, said Friedman.

Data from Smith Travel Research released recently shows U.S. hotel occupancy rose more than two percentage points in the first five months of this year from the same period last year, to 54.7%. However, there is no doubt that many commercial properties such as hotels remain very deeply in debt and will require a restructuring of some kind if they are to make it.

One hotel owner who was able to save his distressed property with the aid of a commercial loan restructuring firm was Tom LaSalle, owner of LaSalle Management Limited II, who had this to say, From the time they accepted my case until the closing resolution, I found Guardian Solutions to be a very professional, goal-oriented firm that demonstrated a high level of expertise in the financial field throughout our presentations and negotiations. Two months prior to Guardian Solutions closing resolution on my case I could not have anticipated such a positive result.

But the picture is not all wine and roses for the industry; the situation remains difficult for commercial property owners with hotel loans that are coming due in 2012, many of which were originated when hotel values (commercial real estate values) were much higher than today.

The basis to any successful workout negotiation is ensuring that it is a win-win for both the property owner and the lenderthe difficulty arises in creating a clear view of what is at stake for both parties as well as how they both can make the best of a tough situation with the most favorable terms, added Friedman.

According to Foresight Analytics, of the $ 5.1 billion in securitized mortgages that are coming due in 2012, a whopping 64.5% are currently underwater. Those properties not generating enough revenue to cover their interest payments represent 42.2% of that balance due in 2012.

This pending debt foreshadows more turbulent times before any real recovery for the hotel sector takes hold; hotel owners would be well advised to take immediate steps to save their properties through a comprehensive loan restructuring plan sooner rather than later.

While we expect the hotel industry to eventually come back strong, I would advise any hotel owner facing an untenable balloon payment, or already in default to act aggressively now to keep his property by engaging a reputable commercial loan restructuring firm to represent the property, added Jeramie P. Concklin, CEO for Guardian Solutions.

About Guardian Solutions

Guardian Solutions is the one of nations largest commercial loan restructuring companies and is committed to helping commercial property owners save their properties. The companys knowledgeable mitigators are experienced in a variety of disciplines to provide customized restructuring solutions. For more information, visit http://www.GuardianSolutions.org

Contact:

Jamie Sene

Senior Vice President, Marketing

Guardian Solutions

727-442-8833

jvs(at)guardiansolutions(dot)org

http://www.GuardianSolutions.org

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Altos Research and 1010data Partner to Deliver Real-time Real Estate Data to the Financial Community

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Orlando, FL (PRWEB) February 8, 2011

Altos Research, the premier provider of real-time real estate data, announced at the American Securitization Forum 2011 the availability of their market analytics data via the industry leading 1010data platform. Launched in 2006, Altos Research tracks the leading indicators for residential mortgage-backed securities (RMBS) default risk, loan-to-value (LTV) adjustments, and forecasting asset valuations on over 20,000 zip codes across the U.S., offering analytics and forward valuation models that are updated weekly with three, six, and 12-month forecasting horizons.

We monitor the real estate market in real-time and this lets us offer the most accurate market forecasting available, said Scott Sambucci, vice president of sales and analytics, Altos Research. By making our data available on the powerful 1010data platform, we will be able to reach more customers via their hosted service.

With decades of Wall Street experience, 1010data understands the data management and analytical needs of financial services institutions, and knows how to provide solutions that make it easy to manage and analyze large volumes of data for a business-critical advantage. The company combines the power of a high-performance back-end database with a Web-based, front-end user interface, empowering financial institutions with the tools they need to analyze, manage and present data. Optionally delivered as a service, the solution is implemented quickly so that companies experience high speed-to-value and very rapid ROI.

“The unique Altos Research data perfectly complements our list of hosted MBS datasets,” said Greg Munves, executive vice president, 1010data. “Access to real-time data is of growing importance to our customers, and allows them to do more timely analysis.”

Altos Research data is now available via the 1010data platform, for more information please visit 1010data.

ASF 2011

Altos is participating in the American Securitization Forum 2011 at the Orlando World Center Marriott February 6 9th. The company is providing demonstrations of the AltosEvaluate FVM at booth #108. To schedule a demonstration, please contact Scott Sambucci at 888.819.7775.

About Altos Research

Altos Research is the premier provider of real-time real estate information. As the only national source of primary research in the active housing market, Altos Research produces unique statistics, leading indicators, and web applications used for analysis. Altos watches the active housing market, about two million properties each week, in 20,000 zip codes, and calculates price changes, supply and demand statistics and market psychology statistics for local market understanding. Altos clients are anyone with exposure to real estate; financial institutions, investors, and thousands of real estate professionals around the country. For more information visit http://www.AltosResearch.com

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Real Estate Forecast Shows Slip, Then Slow Recovery

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Santa Ana, Calif. (Vocus/PRWEB) March 29, 2011

Veros Real Estate Solutions (Veros), an industry leader in enterprise risk management and collateral valuation services, has announced the real estate market forecast for March 1, 2011 through March 1, 2012. According to data calculated by Veros real estate market forecast product, VeroFORECAST, Anchorage, Alaska holds the lead position for the strongest home price appreciation having made a significant move from its rank in tenth position in the previous quarter.

The strong areas prevailing in the forecast span the map showing Texas and Louisiana in top positions, before stretching northeast to include Buffalo, New York and Pittsburgh, Pennsylvania. Additional areas showing some strength include Oklahoma, Texas, Louisiana, North Dakota and South Dakota. Signs of life are also present in areas of Hawaii, Colorado and the Washington D.C. metro area.

Projected Five Strongest Markets*

Commercial Real Estate: Trending Toward the Cliff

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Richmond, VA (PRWEB) April 26, 2011

Just as the commercial real estate market finally appears to be on the road to recovery, the recent surge in interest-only loans is causing muted concern that borrowers and lenders are careening in a perilous and all-too-familiar direction. According to Trending Toward the Cliff, the latest podcast produced by John B. Levy & Company (available online at http://www.jblevyco.com), more than a few market watchers blamed interest-only loans for the current financial state, and the first quarter of 2011 shows that these loans are once again in high demand.

Interest-only loans are back, says Andy Little, principal at John B. Levy & Company, and theyre back in a big way. A full 24 percent of the loans that were securitized in the first quarter of 2011 through conduit lenders were structured with some sort of interest-only period. What makes this so curious, according to Little, is that a lot of people were convinced that the real estate finance car wrecked and rolled off the cliff because of these types of loans. And yet here we go again.

Despite any concern caused by a heavier weighting of interest-only loans, other trends in the CMBS world have emerged that are sending positive signals about the health of the commercial real estate market. The first trend is pricing, which has been reined in significantly over the past six months. A second trend is the inching up of leverage.

Pricing has come in quite a bit, says Little. Conduits pull together loans and then sell them as bonds, and what weve seen recently is encouraging. Triple A bond yields are trading down. Bonds trading in the 140 range from four to six months ago are now in the 125 range, even trading as low as 100 just over a month ago. Were seeing the same kind of trend with Triple B bonds a 400 range in October is 300 today.

Leverage, meanwhile, is creeping up as more money enters the market via conduits. During the last three quarters of 2010, leverage as measured by the rating agencies – averaged about 79 percent. Today, with about $ 8 billion securitized in the first quarter, loan-to-value is about 89 percent. According to Little, this does not mean that borrowers will necessarily get a loan-to-value of 89 percent, but it does reflect a positive trend. Money is available, and it is coming into the market.

The outlook for multifamily housing is somewhat tricky, says Little, because its tied to Fannie Mae and Freddie Mac . . . or, simply put, the government. Fannie and Freddie are going to be shrinking over the next three to five years, and that has implications for multifamily borrowers. But theres good news in this trend, adds Little. From what weve seen in first quarter 2011, life insurance companies are ready to lend and their pricing is more aggressive than Fannie and Freddie. The impact of this on the single-family market is another matter.

Where are rates heading? thats the million-dollar question, says Little. While we dont have a crystal ball to look into the future, we do have the yield curve ball, and heres what were seeing. The yield curve is very steep right now, and its been that way for the past six to nine months. A steep yield curve tells us that rates are going to be moving upward.

Firm Background

John B. Levy & Company, Inc. is a real estate investment-banking firm headquartered in Richmond, Virginia. Since John Levy founded the company in 1995, the firm has structured over $ 3.5 billion in financing for developers and owners of commercial and multi-family projects nationwide, often investing its own proprietary funds into transactions with its clients.

For more information about John B. Levy & Company, please visit our website at http://www.jblevyco.com or call Andrew Little at 804-644-2000, extension 260. You can also follow us on Twitter at http://www.twitter.com/jblevyco and become a fan on Facebook.

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Veros Real Estate Solutions Marks 10 Years of Business

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Santa Ana, CA (PRWEB) May 25, 2011

Veros Real Estate Solutions (Veros), an industry leader in enterprise risk management and property valuation services, is celebrating its 10-year anniversary.

Veros is a significant provider of property valuation analytics, including automated valuation models (AVMs), automated fraud and risk analytics, as well as forecasting for the real estate and mortgage industry. Veros products and services allow users to manage the entire spectrum of collateral valuation products while simultaneously monitoring workflow for compliance.

The company began business in 2001 with the release of its lead AVM product, VeroVALUE. Considered to be the first secondgeneration AVM, VeroVALUE provides the necessary transparency the industry needs for reliable confidence scoring and sophisticated predictive modeling.

Veros was formed on the belief that the future of properly understanding and analyzing collateral risk depended on leveraging strengths of all available valuation methodologies and data sources, said Darius Bozorgi, Veros president and chief executive officer. Our mission was to respond to what mortgage stakeholders truly needed. We continue to pursue this today through advancement of our core analytics and through the development of flexible, efficient, and transparent property valuation ordering, review and scoring solutions.

Veros went on to successfully develop and release additional analytics that included collateral risk scoring solutions, real estate market forecast tools, distressed-market AVMs, condition reports, and a variety of targeted analytics and solutions for use by top lenders and servicers. The company also was on the forefront in identifying the need for automated property valuation platforms and offered its first platform solution in 2007.

In 2010, Veros was chosen by Freddie Mac and Fannie Mae to build, support and maintain their joint platform, the Uniform Collateral Data Portal (UCDP), which provides electronic appraisal data delivery to these government-sponsored enterprises (GSEs). Previous to that, Veros was selected in 2009 to be the technology provider for Fannie Maes Collateral Data Delivery system, which requires originating lenders to provide appraisal data prior to loan delivery on loans purchased by the GSE. Additionally, Veros was named the exclusive provider of valuation analytics for Standard & Poors Fixed Income Risk Management Services efforts to provide loan-level property valuation information.

The partnerships Veros has formed in the past 10 years, and those to be formed in the future, all strive to provide the long-term benefits that come from mutually beneficial enhancements to improve the mortgage industry. Our forward-looking focus is on providing the tools and insights that will bring much-needed stability back to the housing finance system, said Bozorgi.

Veros has hosted the Predictive Methods Conference and published The RiskWire for the past 10 years. Both are educational forums geared to increase dialogue on important issues surrounding predictive mortgage technology. Recognized by its peers, Veros was the recipient of Mortgage Technology Magazines 2010 Synergy Award for its efforts around UCDP. Additionally, Mortgage Banking Magazine named Bozorgi a 2011 Technology All-Star for his thought leadership and technological innovations.

Bozorgi sees steady growth through continued high-tech product advancements to meet the strategic needs of business partners and professionals. Analytics will always be a primary focus for us. We are working hard to continually enhance our products to meet the ever-changing demands of the industry, he said. To that note, the development of the next generation of collateral tools and platform services is also critical to the success of the industry, he said. Veros commitment to on-going development equates to faster, more accurate, more informed and more profitable business decisions.

In line with business demands, the company has seen a steady uptick in its workforce and continues to add highly qualified individuals from the sales, engineering, computer information systems, operations, marketing and human resources fields. The majority of Veros employees are staffed at its headquarters in Santa Ana with additional satellite offices throughout the country.

About Veros Real Estate Solutions

Veros Real Estate Solutions, a proven leader in enterprise risk management and collateral valuation services, uniquely combines the power of predictive technology, data analytics and industry expertise to deliver advanced automated decisioning solutions. Veros products and services are optimizing millions of profitable decisions throughout the mortgage industry, from loan origination through servicing and securitization. Veros provides solutions to control risk and increase profits including automated valuations, fraud and risk detection, portfolio analysis, forecasting, and next-generation collateral risk management platforms. Veros is headquartered in Santa Ana, Calif. For additional information on Veros, visit http://www.veros.com or call (866) 458-3767.

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Veros Real Estate Solutions Hosts Inaugural RiskWire Summit

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Santa Ana, CA (PRWEB) May 31, 2011

Veros Real Estate Solutions (Veros), an industry leader in enterprise risk management and property valuation services, is pleased to announced the inaugural 2011 RiskWire Summit. A one-day forum focused on creating high-energy dialogue among mortgage and real estate industry professionals, the Summit provides a unique opportunity for lenders to interact directly with the creators of the industry-changing regulations taking place this year.

VeroFORECAST Shows Significant Improvement in Home Price Index; Acceleration of Gradual Recovery for Real Estate Prices

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Santa Ana, CA (PRWEB) March 26, 2012

Veros Real Estate Solutions(Veros), an industry leader in enterprise risk management, collateral valuation services and predictive analytics, has announced its VeroFORECAST real estate market forecast for the 12-month period from March 1, 2012 to March 1, 2013. The quarterly report shows that the recovery in the housing market is forecast to accelerate. The national home price index (HPI) forecast improved significantly from last quarters 1.3 percent depreciation to this quarters slight depreciation of 0.85 percent.

VeroFORECAST shows fewer significant drags across an increasing number of markets, many of which are beginning to emerge with initial signs of appreciation for the first time since the markets decline. On a national level the gradual recovery in house prices is finally forecast to start accelerating, although the forecast projects the recovery to be market-by-market with not all areas expected to do well. Unemployment and housing supply remain key discriminators between the top and bottom 10 markets.

Phoenix is predicted by VeroFORECAST to be the top performing market with a forecasted five percent appreciation. Its revival is based on the drastically reduced housing supply, great affordability and low interest rates. Also creating demand is Phoenixs 7.9 percent unemployment rate, which is less than the national rate of 8.3 percent.

For the third consecutive quarter, Bakersfield, Calif. stands at the bottom of the housing market with depreciation of 6.3 percent, which is a slight improvement from 6.8 percent in the previous quarter. Unemployment is at 14.3 percent and although housing inventory is coming down, the market is still experiencing a high rate of foreclosure and mortgage delinquency which continues to keep the pressure on pricing.

Projected Five Strongest Markets*

Sneak Preview of New Business Real Estate Expense Podcast from Steelhead Cash

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San Francisco, CA (PRWEB) September fourteen, 2012

Mr. Peter Slaugh experienced the good fortune to send a list of his leading 10 queries about the current developments in the business real estate investing industry to market specialist Mr. Dan Fasulo, Controlling Director of Analysis for Real Funds Analytics.

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(Begin podcast preview.)

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PS: Excellent, ok. Properly lets start at the best of the list. Can you give me a tiny little bit of commentary on and the audience a minor commentary on historic curiosity charges in excess of the very last few years and probably a tiny crystal ball forecast on what you see occurring in the following twelve to 24 months?

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DF: Well, I can undoubtedly explain to you what transpired. My forecasts are notoriously wrong, but that said, however most of our economists forecasts more than the past 10 a long time have been improper. Thanks to a lot of motives weve been the beneficiaries in business actual estate of a low desire rate atmosphere. The 10 several years pushing all 12 months, all time lows. I feel a pair months ago we fell under one-one/2 p.c, which obviously is heading to influence mortgage loan charges, and for an trader looking at a business residence and even for a loan provider, I suggest, the spread among common cap prices or mortgage loan charges and the ten year, its at a ten-year large. Were looking at a 400 to five hundred basis points or far better for particular home sectors and it certainly produced an surroundings where actual estate, particularly commercial true estate seems to be awfully desirable vs . some of the alternative expenditure lessons out there.

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We have a lot of customers, investor consumers and lender clients who battle with where interest charges are going as part of their investigation. I consider its an easy bet to say theyre going to go up in excess of time and back again to much more normalized levels. The Federal Reserve has declared its intentions to consider to preserve the reduced fee atmosphere in area right up until at least 2014, but the wild card is is the economic recovery. And if it truly does choose up steam, we could get an surroundings in which desire rates are heading to arrive up possibly more rapidly than anyone thinks. But the flip aspect of that is if the economys recovering, it indicates the NOIs are strengthening too, appropriate?

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PS: Sure, and what do you see now that we are deeply immersed in a world-wide financial system. Its one thing to speak about the U.S. recovery, but what variables loom out there from Europe or otherwise that could have an influence on our interest prices here in the U.S.?

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(Stop preview.)

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In this 25 minute podcast, the other concerns about business real estate tendencies contain:

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one. Remark on present desire charges recap last 24 mos and what the forecast is for the up coming twelve-24 months?

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2. Go over upcoming maturing credit card debt how a lot, selection of doing to non-carrying out is there a “white elephant” in the room with regards to distress that nonetheless demands to composed off?

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three. What is the check out of how these offers will find new financial debt?

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four. In which are the conventional banking companies? Are they re-engaging or are they still overwhelmed with culling through their existing portfolios?

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5. Are values intact to assistance refinance of pending maturities?

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6. Give some perception as to asset courses we know multi’s have performed the best during the economic melt-down, but can you provide some coloration on which asset lessons have carried out or not performed?

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seven. Freddie Mac has adopted a securitization method to bundling their condominium financial loans with current information concerning the potential role of agencies in our lending arena what is the role of Freddie, Fannie and HUD shifting on a go-forward foundation?

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8. Has there been a change in abroad money collaborating in US commercial true estate investments?

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9. The larger US institutional REITs and cash appear to be extremely energetic in acquiring true estate assets what are the modest and mid-size players doing in this recent atmosphere?

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ten. The place do you see the possibility in cash markets from a lending standpoint?

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To hear Mr. Dan Fasulo’s riveting responses along with the rest of this distinctive interview, traders and media users are encouraged to pay a visit to information.SteelheadCapital.com, on September 21. (The total twenty five-moment podcast will be pre-introduced to Steelhead Cash publication subscribers on September 19.)

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About Steelhead Capital:

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Because 1998, Steelhead Funds, Inc. has been a premier company of professional actual estate financing answers and advisory solutions for industrial true estate investors. Steelhead Money delivers an extensive network of lending sources, structured finance experience with a focus on acquisitions, and a obvious determination to personalised buyer provider for buyers funding homes in any of the fifty states.

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For added information about Steelhead Funds or to post a no-obligation industrial financial loan request, remember to get in touch with Mr. Peter Slaugh or go to http://www.steelheadcapital.com.

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Nationwide Commercial Real Estate Finance Business Announces Added Lending Plans

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(PRWEB) January sixteen, 2013

Clopton Funds, a nationwide professional true estate finance organization, is announcing the opportunity for owners and operators of industrial belongings to acquire prolonged phrase fastened charge financing at minimal rates.

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Clopton Capital is a provider of equally recourse and non-recourse industrial mortgage loan for all property varieties. The loans funded through the company are funded by insurance firms, CMBS securitizations, and banking companies. The company is searching for borrowers and intermediaries in search of refinance or buy financial debt for which to organize and offer capital. Because of the assorted nature of its funds foundation, the organization is ready to structure loans for any home kind with a extensive range of phrases and amortizations.

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Desire rates have been on the rise just lately, so now is the perfect time to lock in traditionally low fascination rate for prolonged terms.

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Clopton Money ranks as one particular of the most active and dynamic industrial actual estate finance corporations delivering lending choices nationwide for income generating homes. Offering commercial mortgages, design financial loans, bridge financial loans, and CMBS loans to borrowers for a diverse variety of house varieties and ownership buildings, Clopton Money has the ability to fulfill nearly any lending demands of house homeowners and professionals.

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For far more details speak to a loan officer by contacting 866-647-1650 or go to http://cloptoncapital.com

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Clopton Funds Now Supplying Industrial Real Estate Financial loans Nationwide

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(PRWEB) March 22, 2013

Clopton Capital, a nationwide commercial real estate finance company, is announcing the opportunity for owners and operators of all commercial properties to obtain long term fixed rate financing at low rates.

Clopton Capital is a provider of both recourse and non-recourse commercial mortgage for all property types. The loans funded through the company are funded by insurance companies, CMBS securitizations, and banks. The firm is seeking borrowers and intermediaries seeking refinance or purchase debt for which to arrange and offer capital. Because of the diverse nature of its capital base, the company is able to structure loans for any property type with a wide range of terms and amortizations.

Interest rates have been on the rise recently, so now is the perfect time to lock in historically low interest rate for long terms.

Clopton Capital ranks as one of the most active and dynamic commercial real estate finance firms providing lending options nationwide for income producing properties. Offering commercial mortgages, construction loans, bridge loans, and CMBS loans to borrowers for a diverse range of property types and ownership structures, Clopton Capital has the capability to meet almost any lending needs of property owners and managers.

For more information contact a loan officer by calling 866-647-1650 or visit http://cloptoncapital.com







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