CREF Policy Update July 7, 2022
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Who Owns Climate Risk? MBA White Paper Examines Challenges, Risks for U.S. Real Estate
The Mortgage Bankers Association this week issued a white paper examining how climate change is dramatically reshaping lenders’ and policymakers’ approaches to the U.S. real estate market.
Record-Breaking Home Prices, Rents Likely to Cool
After a record-shattering 2021, the housing market has reached an inflection point, according to the Harvard Joint Center for Housing Studies, Cambridge, Mass.
Land Use Analysts Seek Solutions to Save Water, Money
Real estate and land use professionals can address challenges associated with drought and limited freshwater availability by prioritizing water conservation, efficiency and reuse, according to a report from the Urban Land Institute.
Multifamily Rent Growth Climbing
Momentum surrounding multi-housing rent growth has continued in 2022 and currently outpaces inflationary growth, reported JLL Capital Markets, Chicago.
Net Lease Retail, Office Cap Rates Expand
The Boulder Group, Wilmette, Ill., said single-tenant retail and office net lease cap rates increased slightly in the second quarter as interest rates and inflation increased.
Dealmaker: Institutional Property Advisors Brokers $47M Arizona Multifamily Sale
Institutional Property Advisors, Ontario, Calif., sold Port Royale, a 252-unit multifamily property in Sierra Vista, Ariz., for $46.5 million.
