Commercial Observer

Navigating Turbulence: A Conversation with Invesco’s Charlie Rose on the Banking Crisis and Commercial Real Estate

Commercial Observer — Wed, 12 Jul 2023 19:35:54 -0400

In this enlightening episode, Andrew Coen, finance reporter for Commercial Observer, speaks with Charlie Rose, Managing Director at Invesco Real Estate.While the economy tries to find its feet following the regional banking crisis, they discuss the resultant opportunities and challenges, the impact of rising interest rates on commercial real estate, and Invesco's philosophy during these volatile times. They also delve into Charlie's vision when he first joined Invesco in 2017. Tune in to gain insight into the intricacies of the current finance sector from a top CRE lender, and the potential it holds.

Warren de Haan Breaks Down the Banking Crisis

Commercial Observer — Wed, 31 May 2023 14:29:51 -0400

Banks, and particularly regional banks, provide some 70 percent of all loans in the United States. So with a "giant nuclear bomb" going off in the sector the big question is "now what?"

In this episode of Commercial Observer's Finance Podcast recorded in mid-April, Finance Editor Cathy Cunningham engages in a high-level conversation with Warren de Haan, co-CEO of ACORE Capital, LP breaking down just that question.

With over $20 billion in assets under management, ACORE Capital is a leading credit manager specializing in commercial real estate lending. Warren's extensive experience and expertise shed light on the challenges and opportunities faced by the industry, from the recent banking crisis to the changing dynamics of asset demand.

Join Cathy and Warren as they explore the impact of these factors on non-bank lenders, the potential solutions for borrowers facing refinancing difficulties, and the macroeconomic concerns surrounding the market. Their engaging discussion provides valuable insights for anyone involved in the commercial real estate finance sector.

Fed’s Impact on Commercial Real Estate and the Future of Office With Moody’s Analytics’ Tom LaSalvia

Commercial Observer — Thu, 27 Apr 2023 12:17:00 -0400

In this Commercial Observer podcast, finance reporter Andrew Coen is joined by Tom La Salvia, a senior economist at Moody's Analytics who specializes in commercial real estate, to discuss the impact of rising interest rates on the industry. With the Federal Reserve's next meeting just around the corner, the conversation delves into what the commercial real estate sector can expect to hear from Fed Chairman Jerome Powell, and how that will impact financing and investment decisions.

As La Salvia explains, the industry is looking for clarity from the Fed regarding its forecasts for interest rates and the longer-term equilibrium for rates. With buyers and sellers still far apart in terms of valuations, the discussion also explores the current state of cap rates and debt service coverage ratios, and how underwriters are navigating these challenging borrowing conditions. This podcast is a must-listen for anyone interested in understanding the current state of the commercial real estate industry and the factors influencing its performance.