Commercial mortgage delinquencies increased in the third quarter of 2024, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report.

The level of commercial/multifamily mortgage debt outstanding increased by $47.7 billion (1%) in the third quarter of 2024, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report.

Commercial and multifamily developments and activities from MBA important to your business and our industry.

RealPage, Richardson, Texas, analyzed year-end trends, finding that the multifamily sector stabilized in 2024, with demand matching a 50-year supply peak.

Higher insurance premiums are increasing commercial real estate operating costs and cutting into net operating income, according to MSCI, New York.

RentCafe, Santa Barbara, Calif., released a report on 2024 year-end trends, finding a competitive rental market nationwide and top spots of interest in Miami and Chicagoland.

Austin, Seattle, Denver, San Francisco and Raleigh are the U.S. markets with the strongest outlook for growth in science, technology, engineering and math jobs, per RCLCO, Bethesda, Md.

Northmarq, Bloomington, Minn., completed the $54 million sale of a build-to-rent community in Laurel, Md., about 20 miles from Baltimore.