CREF Policy Update: Senate Holds Hearing on Financial Services and Rental Housing Fees; Commercial/Multifamily Borrowing Unchanged in First Quarter
Commercial and multifamily developments and activities from MBA important to your business and our industry.
CBRE: Multifamily Rent Grows Slightly
CBRE, Dallas, found multifamily fundamentals are beginning to stabilize, per first-quarter data.
Trepp: CMBS Special Servicing Rate Jumps in April
Trepp, New York, reported the commercial mortgage-backed securities special servicing rate “leaped” in April, rising 80 basis points to 8.11%.
DLA Piper: Measured Optimism Among Commercial Real Estate Industry Leaders
DLA Piper, London, released findings from its 2024 Global Real Estate State of the Market Survey, noting commercial real estate industry leaders are conveying measured optimism, after a few years of intense swings.
Dealmaker: Walker & Dunlop Arranges $120M Refinancing for Nashville Multifamily
Walker & Dunlop, Bethesda, Md., arranged $120 million in financing for 1111 Church, Nashville’s newest Class A mixed-use multifamily community in the city’s Gulch neighborhood.
Commercial and Multifamily People in the News, May 16, 2024
Industry personnel news from Greystone and JLL.
Yardi Matrix Says Student Housing Still Strong, but Some Metrics Slow
Yardi Matrix, Santa Barbara, Calif., reported in its National Student Housing Report for May 2024 that student housing metrics have moderated somewhat, but remain solid overall.
Commercial Property Prices Dip
The pace of decline in U.S. commercial real estate prices decelerated in March, led by improvements in the industrial sector, Real Capital Analytics reported.
