Financial Markets - Real Estate Investor Pulse

For US regional banks, commercial real estate is seen as next big worry

May 2, 2023 Mark Paul Cervantes Comments Off

Regional banks, already under financial stress and the eye of regulators, now face another potential crisis in the shaky commercial real estate sector The recent collapse of several regional banks, including Silicon Valley Bank (SVB) […]

U.S. officials lead urgent rescue talks for First Republic

April 28, 2023 Mark Paul Cervantes Comments Off

NEW YORK, April 28 (Reuters) – U.S. officials are coordinating urgent talks to rescue First Republic Bank (FRC.N) as private-sector efforts led by the bank’s advisers have yet to reach a deal, according to three sources familiar […]

First Republic Bank shares plummet day after hitting record low

April 26, 2023 Mark Paul Cervantes Comments Off

April 26 (Reuters) – First Republic Bank’s (FRC.N) shares fell nearly 10% in premarket trading on Wednesday as analysts highlighted concerns about the troubled lender’s plans to turn around its business. The company’s shares were last trading […]

Investors flock to one-month bills on U.S. debt ceiling jitters, shun others

April 25, 2023 Mark Paul Cervantes Comments Off

(Reuters) – Rising concerns that the U.S. Treasury Department could hit its debt limit in the coming months are leading investors to shun certain Treasury bills and pour into others as they seek out low […]

US banks are fretting over falling commercial real-estate valuations as higher interest rates and a credit squeeze bite, top executives say

April 25, 2023 Mark Paul Cervantes Comments Off

US banks are getting increasingly stressed about tumbling commercial real-estate valuations and what that means for their balance sheets, top executives have said, per the Financial Times. Arkansas-based Bank OZK, with a sizable exposure to the […]

US Banks Worry Commercial Real Estate Valuations May Pose Broader Economic Consequences

April 25, 2023 Mark Paul Cervantes Comments Off

US banks are growing increasingly concerned about the drop in commercial property valuations and the possible risk to lenders’ balance sheets, some senior executives worry. Office valuations, in particular, have been hit by rising interest […]

US Fed likely to make final interest rate hike in May

April 24, 2023 Mark Paul Cervantes Comments Off

The US Federal Reserve will deliver a final 25-basis-point interest rate increase in May and then hold rates steady for the rest of 2023, according to a Reuters poll of economists. The poll also showed that a […]

WORLD’S FIRST BITCOIN REAL ESTATE MARKETPLACE LAUNCHES THROUGH COINBASE INTEGRATION

April 21, 2023 Mark Paul Cervantes Comments Off

MyEListing, a commercial real estate marketplace, is set to launch the world’s first bitcoin-enabled real estate marketplace through a Coinbase integration. This new platform allows buyers to purchase U.S. real estate properties with bitcoin or […]

Blackstone sees US real estate boon from tight credit

April 21, 2023 Mark Paul Cervantes Comments Off

THERE’S a silver lining to the pullback in US commercial real estate and tighter construction lending – it should act as a boon in the long term, according to Blackstone’s Jonathan Gray. While vacancy rates of […]

Bitcoin falls below US$29,000, Ether slumps, U.S. equities stall on inflation concerns

April 20, 2023 Mark Paul Cervantes Comments Off

Bitcoin slid below the US$29,000 mark for the first time in 10 days on Thursday morning in Asia. Ether also fell to lose hold of the US$2,000 price support in a sell off across all […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]