Colliers International Survey shows increased investment activity

According to the Colliers International's third-quarter Global Investor Sentiment Survey, the U.S. investment sales market has the potential for increased activity in the year ahead as reported by the Real Deal. The New York market us one of the key places expecting to see growth, with more than 6 out of 10 real estate investors who responded to the survey stating that they are considering selling property over the next year. This is a jump from 23% in the first quarter. The CEO of Colliers, Dylan Taylor stated "Investors recognize that prices are at the bottom and see tremendous value in commercial real estate...this kind of positive sentiment expressed by U.S. investors is often a precursor to a more active investment sales market." For the entire article, please go here. 

Mortgage Bankers Association Report Rise in Commercial Lending

While hotels and medical buildings aren't faring so well in the third quarter, commercial and multi-family mortgage lending rose 32%. This seemed to be a result of historically low interest rates, which attracted more borrowers to the market than this period in 2009. 

In general, loan originations were up 15% from the second quarter. Commercial banks posted declines whil Fannie Mae and Freddie Mac were among the strongest performers. The origination volume for CMBS rose 43 percent from the second quarter. For the whole report please go here.