Deconstruct - Episodes Tagged with “Federal Reserve”

Will Trump be a net positive for commercial real estate?

The Real Deal — Mon, 02 Dec 2024 05:00:00 -0500

President-elect Donald Trump's campaign promises look to be a mixed bag for commercial real estate. Extended tax cuts would be a boon for dealmaking; tariffs could spark inflation and push the Federal Reserve to throw the cutting cycle in reverse.

Deconstruct sits down with NYU Schack Institute of Real Estate Associate Dean Marc Norman and partners at Holland & Knight Joe Guay and Joel Roberson to parse the impact on investors and developers in 2025.

Do you have guests you want to hear from? Topics you want explored? Questions, feedback, critiques? Write to us with "Deconstruct" in the subject line @ suzannah.cavanaugh@therealdeal.com.

BGO's Chief Economist on The Fed's Next Move

The Real Deal — Mon, 24 Jun 2024 05:00:00 -0400

Don't expect interest rates to drop back to zero. But your floating-rate loan may be a bit less painful by year's end. The Real Deal's Deconstruct chatted with BGO's Chief Economist Ryan Severino about when rate cuts will come, the data that shows a cooling economy and what risks the Federal Reserve runs if it cuts too little, too late.

Inside First Republic’s Woes

The Real Deal — Mon, 01 May 2023 05:00:00 -0400

In the wake of the collapse of Silicon Valley Bank and Signature Bank, First Republic, a prominent mortgage lender in San Francisco, lost billions in deposits. But what does that mean for lending and can the bank survive? The Real Deal's Isabella Farr looks at First Republic Bank's financial health and how some of its long-term mortgages are posing issues for the bank's balance sheet. Plus, Deconstruct chats about the New York state budget and New York Community Bank’s earnings.

Disclaimer: This story was recorded before the FDIC seized First Republic Bank and sold it to JPMorgan on Monday morning.

Credits: Yahoo! Finance, ABC News

How The Fed’s Latest Hike Could Kickstart the Mortgage Market

The Real Deal — Mon, 06 Feb 2023 06:00:00 -0500

Last week, the Federal Reserve hiked interest rates for the eighth time in less than a year, sending benchmark rates to their highest level since 2007. For a mortgage market that has seized in the wake of higher financing costs, another rate hike would seem to be bad news. But Nadia Evangelou, senior economist at the National Association of Realtors, says the slowing pace of hikes could offer markets the type of certainty that could revive mortgage demand.

A Peek at CRE in 2023

The Real Deal — Mon, 19 Dec 2022 06:00:00 -0500

It's the end of the year as we know it, and investors feel — uncertain. Rate hikes have slowed deals in the second half of 2022 and Fed Chair Jay Powell said there's more pain to come. But how long will all the available dry powder stagnate on the sidelines? Deconstruct breaks down 2023 forecasts for multifamily, retail, industrial and office and chats with Moody's Senior Economist Thomas LaSalvia about when the deal dam might break.

The Fed, Ukraine and The Future of The Mortgage Market

The Real Deal — Mon, 14 Mar 2022 07:00:00 -0400

The Fed is expected to approve a quarter of a percentage point hike on rates, a raise that will make borrowing more expensive for homebuyers and commercial investors. And now the inflation caused by the war in Ukraine has introduced another variable to the lending puzzle. So what should borrowers expect?

You'll hear from Martha Olney, a teaching professor of economics at the University of California, Berkeley, Melissa Cohn, a regional vice president of mortgage for William Raveis Mortgage and Mark Fogel, the CEO and president of ACRES Capital.

Attribution: CNBC, "Here's how Fed Chair Powell sees the March Fed meeting."