Commercial Delinquencies Should Remain Low Despite Economic Worry: MBA

National Mortgage News, Sept. 24, 2019–Brad Finkelstein (subscription)Commercial and multifamily mortgage delinquency rates should stay at historically low levels in the near future even as economic uncertainty over trade affects U.S. businesses, according to the Mortgage Bankers Association.

Future Housing Trends Toward ‘Hipsturbia’

Commercial Property Executive, Sept. 25, 2019–Paul FiorillaWill Millennials remain in cities that cater to their lifestyle preferences, or will they settle down and move to the suburbs? ULI’s answer is “yes.”

This Key Construction Indicator Just Tanked

CNBC, Sept. 18, 2019–Diana OlickDemand for commercial real estate design services plummeted into negative territory in August, after already soft scores in July.

Life Insurance Companies to Fuel Multifamily Surge in 2020

HousingWire, Sept. 17, 2019–Kelsey RamírezLife insurance companies are set to create a surge in multifamily lending in 2020, according to a new study from the Mortgage Bankers Association.

Average U.S. Rent Climbs to $1,472 in August

HousingWire, Aug. 16, 2019–Alcynna LloydAmerica’s rental prices continued to grow in August, as RentCafé indicates the nation’s average rent increased $47 from the previous year.

Opportunity Zones Catch the Eye of CRE Investors

Commercial Observer, Sept. 16, 2019Meridian Capital reported 11 percent of CRE owners surveyed said they have used opportunity zone tax incentives as part of their financing stack during the last two years.

Autonomous Cars on a Crash Course with the Real Estate Industry

RE Journals, Sept. 13, 2019–Michael ZaranskyMoving to a future where people don’t own cars may be hard to imagine, but many experts believe a transportation revolution is coming and real estate may be the industry most affected by these advances.

Amazon’s New Multistory Warehouse Aims to Cut Delivery Times

Wall Street Journal, Sept. 10, 2019–Keiko Morris (subscription)Amazon agreed to take space in a first-of-its-kind three-story warehouse, a new type of distribution center that could reduce delivery times in congested cities to hours rather than days. While common in densely populated Asian and European cities, modern warehouses with multiple floors have been absent until recently in the U.S., where higher land and construction costs deterred developers.

Mortgage Bankers Predict Commercial, Multifamily Will Reach New Highs

National Mortgage News, Sept. 10, 2019–Bonnie Sinnock (subscription)Lower interest rates are expected to drive financing secured by income-producing properties to new heights by year-end, according to the Mortgage Bankers Association.

Long Hotel Rally Losing Steam as Supply Swells, Business Travel Falls

Wall Street Journal, Sept. 10, 2019–Esther Fung (subscription)A nearly decade-long rally for the hotel business is showing signs of petering out. Hotel owners in large cities say they are getting squeezed by weaker business-traveler demand, higher labor costs and a crush of new hotel projects that is weighing on room rates.