Archive for the 'The Institute' Category

Welcome to the Institute’s Updated Website

Yazan: RECI | 17 January 2010 | No Comments
Categories: The Institute

During the past two years the Institute has been updating the website. Our website continues to change and improve based on your comments.
Thank you for your patience and please feel free to add any suggestions.

New Daily Newscast Updated for Income-Property Capital Yields

Yazan: RECI | 03 May 2008 | No Comments
Categories: News|Views, The Institute

Listeners asked for more extensive coverage of the markets, but wanted us to keep the Rateline brief and simple — RECMD is the solution.

Harold “Skip” Perry Joins the Editorial Advisory Group of the Real Estate Capital Institute®

Yazan: realtycapital | 16 November 2007 | No Comments
Categories: People, The Institute

Leading Industry Veteran Brings Greater Depth to Institute’s Think Tank.

"Dial4News" Technology Launched

Yazan: realtycapital | 10 September 2007 | No Comments
Categories: Education, News|Views, The Institute

Affordable Phone Answering Service System Delivers Automated, Continuous News.

"Go West Young Man"

Yazan: realtycapital | 15 May 2007 | No Comments
Categories: The Institute

Chicago’s Rediscovered Westside.

National Landmark Serves as a Branding Strategy

Yazan: realtycapital | 20 December 2006 | No Comments
Categories: The Institute

Virtual Office Space Tenant Still Needs Visibility.

"City within a City" Celebrates 100 Years

Yazan: realtycapital | 06 November 2006 | No Comments
Categories: The Institute

Formerly World’s Largest Commercial Complex Has New Life.

Historic Sears Headquarters District Finds New Life

Yazan: realtycapital | 06 November 2006 | No Comments
Categories: The Institute

Technology and Research Replace Catalogs in Chicago’s North Lawndale Area.

Chicago – A Successful Urban Redevelopment Story

Yazan: realtycapital | 24 October 2006 | No Comments
Categories: The Institute

The Real Estate Capital Institute is an example of an organization seeking the urban dynamics offered by Chicago.

Chicago's North Lawndale District Gaining Ground

Yazan: realtycapital | 27 August 2006 | No Comments
Categories: People, The Institute

Many employers and academic institutions are within the general area including the Illinois Medical District, the Homan Arthington Foundation and the Real Estate Capital Institute.

US-RateWatch Toll-Free Capital Market Phone Service

Yazan: realtycapital | 14 August 2006 | No Comments
Categories: News|Views, The Institute

News Service Provides Hourly Updates on Commercial Mortgage Rate Changes

Original Sears Tower Celebrates 100 Years

Yazan: realtycapital | 28 July 2006 | No Comments
Categories: The Institute

The Real Estate Capital Institute will be opening a Sears Catalog Plant Museum by donating a collection of artifacts, photographs and rare memorabilia honoring the people, buildings and products that made this area world-famous during the past century.

The Real Estate Capital Institute Announces Relocation

Yazan: realtycapital | 10 June 2006 | No Comments
Categories: People, The Institute

First Sears Tower Nabs Tenant

DePaul University Students Study Original Sears Tower

Yazan: realtycapital | 14 May 2006 | No Comments
Categories: People, The Institute

During the first two decades of the 20th century, this property was the most famous commercial structure in America as it was represented on almost all of the Sears Catalogs printed during this era.

The Centennial Sears Tower

Yazan: realtycapital | 10 February 2006 | No Comments
Categories: The Institute

Landmark Inspires Museum.

Nation's First Real Estate Capital Market Hotline Updated

Yazan: realtycapital | 10 January 2006 | No Comments
Categories: The Institute

Hourly Updates Available By Phone for Commercial Realty Rates and Indices.

MORTGAGE RATES

« "Current permanent loan rates for income-properties start at 5.5%. Dial 773-CAPITAL (227-4825) for the Real Estate Capital Rateline for daily update." »

TOPICS

EDITORIAL CALENDAR

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ARCHIVES

Chicago, Illinois, August 2, 2010 – Mid-year key economic indicators point to a more moderate recovery. During July, benchmark treasuries moved within a quarter point range and settled lower by about 20 basis points for five-year notes, while ten-year notes moved down less than 10 basis points, respectively. Mortgage spreads continued to barely tighten, netting slightly lower overall rates. Throughout the first half of the year, lenders have been scouring the realty markets in search of performing projects with stabilized cash flow. Yet limited opportunities may be found. Simultaneously, scant funding options are available for projects without cash flow performance. Few capital sources reach for deals on longer-term cash flow projects, unless substantial equity exists. With mortgage rates starting in the mid-4% range for longer term debt of seven years or greater, borrowers are migrating from floating-rate to fixed-rate debt. As rates are at historical lows, focus on loan terms - other than pricing - include the following: Loan-to-value sizing dominates underwriting funding limits, as debt service coverage ratios are relatively high due to low rates Subordination and non-disturbance agreements are more important to lenders as various players in the capital stack (e.g., mezzanine and preferred equity) take on new positions in situations where developer equity is reduced or eliminated Real estate tax and insurance collection conditions are more stringent, with lenders seeking tighter control in case of default Property insurance carriers must meet higher standards due to default within the industry Unauthorized transfers are no longer covered by most title policies, adding additional recourse carveouts Skip Perry, Real Estate Capital Institute advisory board member notes that "lenders want quality loans, and are willing to sacrifice yield in return for safety of principal." He suggests, "conservatively underwritten income-property loans are precious commodities capturing premium pricing and terms.”