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Commercial and Multifamily Originations Record Q2 Upswing
National Mortgage Professional, Aug. 1, 2017--Phil HallCommercial and multifamily mortgage originations during the second quarter experienced a 28 percent spike from the first quarter and a 20 percent boost from one year earlier, according to new data from the Mortgage Bankers Association.
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Senate Appropriations Committee Housing Bill Saves Doomed Affordable Housing Programs
HousingWire, Aug. 1, 2017--Brena SwansonThe Senate Committee on Appropriations unanimously approved the fiscal year 2018 Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, which with allots significantly more money to affordable housing programs than what President Donald Trump's budget requested.
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Fed’s Fischer: Weak Economy is Keeping Interest Rates Low
CNBC, July 31, 2017--Jeff CoxIn a speech Fed Vice Chair Stanley Fischer said low interest rates send "a powerful signal that the growth potential of the economy may be limited."
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Life Insurers Smell Opportunity in CRE, Multifamily Lending
American Banker, Aug. 1, 2017--Laura Alix (subscription)Life insurance companies are trying to chip away at banks' dominant market share in commercial real estate lending, the Mortgage Bankers Association said.
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New York Apartment Vacancies Projected to Soar
Wall Street Journal, Aug. 1, 2017--Josh Barbanel (subscription)A new report predicts New York City apartment vacancy rates will soar to more than 11% by the end of next year. The scenario, which some local housing analysts rejected, would mean a grim reckoning for landlords.
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Pullback Continues in the Investment Sales Market for Apartment Properties
National Real Estate Investor, Aug. 1, 2017--Bendix AndersonInvestors spent a lot less money on apartment properties so far this year compared to 2016, but prices in the sector keep rising anyway.
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What Bank Of The Ozarks’ Stock Drop Has To Do With Commercial Real Estate
Forbes, Aug. 2, 2017--Ely RazinIn its commercial real estate financing, Bank of the Ozarks has shown particularly strong involvement in construction lending--which tends to be both riskier than standard CRE financing and offer higher returns--even as other banks by and large have been reducing construction lending.
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Newark Dreams to Join Ranks of Destination Cities
Commercial Property Executive, Aug. 2, 2017--Paul FiorillaUrban redevelopment is a familiar story in metros across the country. Now Newark, N.J., wants to get into the revitalization game with $1 billion of projects underway and another $4 billion in the pipeline.
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Dealmaker of the Week
People in the News
News and Trends
CREF Highlights
Commercial and multifamily developments and activities relevant to your business and our industry.
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MBA Chart of the Week: Year-Over-Year Contributions to Commercial Property Price Changes
Commercial property prices are a function of the net income generated by the property and the capitalization (cap) rate.
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Small-Cap CRE Market Advances at a Slower Pace
While small-cap commercial real estate market conditions improved during the second quarter, evidence suggests the market is nearing a peak, reported Boxwood Means, Stamford, Conn.
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Commercial/Multifamily Briefs
TH Real Estate closed and committed 43 transactions totaling $3.8 billion in first-half 2017. The investments across the U.S. and United Kingdom covered the industrial, office, retail and multifamily/student housing sectors.
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‘Continued Growth and Stability’ for U.S. Lending: CBRE
Capital markets remained quite favorable in the second quarter despite increasing short-term interest rates, reported CBRE, Los Angeles.
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CMBS Rates Up, But Show Signs of Peaking
Commercial mortgage-backed securities delinquency rates edged up to their highest levels since 2015, although analysts cautioned that those rates could be nearing their peaks.
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Freddie Mac: 2017 Multifamily Market Origination Volume at Record Pace
Freddie Mac's Multifamily Mid-Year Outlook says record origination volume could be in the offing.
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MBA Chart of the Week: Year-Over-Year Contributions to Commercial Property Price Changes
Commercial property prices are a function of the net income generated by the property and the capitalization (cap) rate.
Full Story
Small-Cap CRE Market Advances at a Slower Pace
While small-cap commercial real estate market conditions improved during the second quarter, evidence suggests the market is nearing a peak, reported Boxwood Means, Stamford, Conn.
Full Story
MBA Chart of the Week: Year-Over-Year Contributions to Commercial Property Price Changes
Commercial property prices are a function of the net income generated by the property and the capitalization (cap) rate.
Full Story
Small-Cap CRE Market Advances at a Slower Pace
While small-cap commercial real estate market conditions improved during the second quarter, evidence suggests the market is nearing a peak, reported Boxwood Means, Stamford, Conn.
Full Story
MBA Offers CFPB Recommendations on Proposed HMDA Rule Amendments
The Mortgage Bankers Association, in a letter to the Consumer Financial Protection Bureau, offered recommendations regarding proposed amendments to the Home Mortgage Disclosure Act.
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