Staffs of the Office of the Comptroller of the Currency (OCC), the Federal Reserve Board (Board), and the Federal Deposit Insurance Corporation (FDIC) (jointly, the agencies) have assembled the following frequently asked questions (FAQ) to clarify and answer questions regarding the 2013 “regulatory capital rule. The FAQ were issued April 6, 2015. 1. If a borrower…
Minneapolis/St. Paul – 2015 Commercial Real Estate Trends and Forecast
I attended the 2015 St. Cloud State Real Estate Alumni Banquet on Thursday, February 5, 2015 and the 2015 Commercial Real Estate Valuation and Appraisal Forecast Summit held at the Golden Valley Country Club on Friday, February 6, 2015. Below are a few key highlights from the evening event and half-day seminar. Retail Trends Most…
Outstate MN – Apartment Trends
Outstate MN – Apartment Trends In the past 12 to 18 months, I have appraised numerous outstate Minnesota apartments ranging in size from about 20 to 100 units. The geographic region has spanned the “banana belt” surrounding the Minneapolis/St. Paul metropolitan area. The primary cities forming the “banana belt” include Rochester, Mankato, St. Cloud and…