CMBS issuance rising again Refinancing capacity is slowly returning to retail real estate, as investors regain interest in the CMBS market. Issuance of U.S. commercial mortgage-backed securities is on track to total between $10 billion and $15 billion this year, research firm Investcap Advisers expects. That compares to $12 billion in 2008 and $3 billion […]
Retail activity in San Antonio is growing, sales tax data shows. San Antonio will receive a $16 million allocation from the state in sales tax revenue in October. This is up 2.62 percent from October 2009. Click here to read full article.
San Antonio raced past the norm in the U.S. Bureau of Economic Analysis’ 2009 report on personal income, increasing by 0.8 percent, a small but important amount. “San Antonio is less cyclical than most cities,” said Keith Phillips, senior economist with the Federal Reserve Bank of Dallas in San Antonio. “It’s not hit as hard […]
San Antonio has bounced back from the recession in the first quarter more than any other major Texas city, according to the San Antonio Express News June 11, 2C. This is based on job counts, new home prices and other factors. But we are just a little better than we were 8 years ago. The […]