Commercial and multifamily developments and activities from MBA important to your business and our industry.
DLA Piper, London, reported its annual survey showed an overall bearish outlook among leaders in the commercial real estate industry, but it also found optimism in some sectors.
Trepp, New York, reported its CMBS Special Servicing Rate climbed 49 basis points to 6.11% in May, marking its fourth sequential monthly increase.
Fitch Ratings, New York, lowered its U.S. real estate investment trust sector outlook to Deteriorating from Neutral.
Madison Realty Capital, New York, originated a $262 million construction loan to developers PMG and E11EVEN Partners for E11EVEN Residences Beyond, a luxury development in Miami.
Newmark, New York, found the industrial market had some challenges in the first quarter, but the sector remains on a long-term growth trajectory.
RentCafe, Santa Barbara, Calif., reported construction of new build-to-rent single-family homes hit a high in 2022, with 14,541 completed.
Briefs from HUD, Boxwood Means, Fannie Mae and Enterprise Community Partners.