TOP STORY: Multifamily Sector Feeling the Squeeze By Erika Morphy Representatives from the National Multi Housing Council had quite a sit down recently with James Lockhart, director of the Office of Federal Housing Enterprise Oversight, to find out what he thought about increasing Fannie Mae and Freddie Mac portfolio lending limits.
Boston Office Tower Sale Seen Topping $900M By Joe Clements One of Boston’s newest office towers is going on the sales block--again. Since its completion in 2003, the 36-story, one-million-sf One Lincoln Street has changed hands multiple times.
Impact of Fed Rate Cut on Cap Rates Unclear By Erika Morphy The Federal Reserve Bank’s decision to lower the federal funds rate is a shot in the arm to developers, lenders and shareholders. Whether it will affect stubbornly low cap rates remains to be seen.
Debt Market Fallout Frustrates Investment Pros By Joe Clements For industry watchdogs such as Delta Associates, there is no doubt that commercial real estate sales are finally being disrupted by the debt market mess. While the foundation of commercial real estate is solid, the perception of it is undeniably shakier.
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