Sentence examples for rent projections from inspiring English sources

The robust rent projections in loan documents are fueling the rise in asking rents, but it is far from certain that tenants will go along, Mr. Coutts said.

Those who have been, er, banking on strong commercial fundamentals in rent and occupancy to keep office buildings on an even keel are forgetting that many of these buildings were bought using high rent projections and steep debt.

Investment banks avidly underwrote the binge, often basing loans not on existing rents but on projections of rental income well into the future.

The agency complained that lenders were making overly optimistic projections about rent growth.

In recent years, lenders competed feverishly to make loans, often underwriting them with robust projections of rent growth.

Two-thirds of the delinquency, in dollar volume, comes from loans issued in 2005 to 2007, a period when competition among lenders led to overly optimistic projections about rent growth.

And as volume picked up, projections of rent growth became increasingly optimistic and the reserve funds intended to make up for the amount not covered by the property's cash flow were often inadequate, analysts said.

New York is worse off than other places not just because of its dependence on the financial services industry but also because most large transactions during the go-go years were highly leveraged and underwritten with robust projections of rent growth, Mr. Chandan said.

But for several months, bond ratings analysts and others have warned that competition among commercial lenders has become so feverish that many are willing to finance 90percentt or more of the cost of the transaction based on overly optimistic projections that rents will continue to rise at a furious pace.

Moody's said many lenders were underwriting loans based on optimistic projections of future rent growth, even when the leases were relatively new.

Mr. Schumer said that real estate investors and speculators, who borrowed hundreds of millions of dollars to buy apartment complexes like Stuyvesant Town based on unrealistic projections of rising rents, are now having difficulty paying "sky-high mortgage costs".