The simplest way to understand a tri-party repo (TREPS) is to think of it as a simple repurchase agreement between two parties, where a third-party – historically a very large and reputable bank (only JPM Chase or BNY Mellon, during the time these transactions were widely common) – processes administrative work and even guarantees the …
What is a Tri-Party Repo (TREPS)and How Did the Market Operate? Read More »
As of the beginning of May 2021, in New York City 48.9% of New Yorkers have received one dose of the COVID-19 vaccine, while 37% have been fully vaccinated. This coverts to 7.19 million people fully vaccinated, compared to approximately 106 million nationwide, or 32.3% of America’s total population. Though the vaccinations have slowed down …
What the COVID-19 Vaccine Means for NYC’s Real Estate Market (May 2021) Read More »
Are you looking to invest in real estate in the near future? Look into these five key tips to help guide your investment.
This past Friday May 21st, 2021, Bitcoin and other cryptocurrencies crashed as a result of China’s statement that same day, cracking down on Bitcoin mining and trading of cryptocurrencies. Chinese Vice Premier Liu He and the State Council issued a statement citing concerns over the cryptocurrencies mining and trading risks to China’s national economy. The …
Bitcoin and Other Cryptocurrencies Tumble as China Issues Crackdown Statement Read More »
Nearly all experts predict we are not. Here’s Frank Martell, President, and CEO of CoreLogic. With prospective buyers continuing to be motivated by historically low mortgage rates, we anticipate sustained demand in the summer and early fall… Additionally, housing market investors don’t perceive there to be many similarities to the 2008 housing market crash. The …
Home Prices Continue to Soar, Are We Headed for Another Housing Market Bubble? Read More »
Succinctly, of course not. However, one may argue that the COVID-19 pandemic did create an opportunity for the CRE (Commercial Real Estate) market to generate innovative opportunities for at least this coming year. Some of the opportunities are lessons carried from 2020, when we saw CRE begin to show signs of gradual recovery before returning …
Did the Economic Slowdown (as a Result of COVID-19) Actually Impact CRE Positively? Read More »