Urban Land magazine, Apr. 18, 2019–Patrick KigerA new generation of property technology software platforms can do everything from monitoring buildings’ energy and water use in real time to providing tenant workforces with on-site access to medical treatment and other quality-of-life-enhancing services.
Category: Top National News
CRE, Multifamily Lenders Close Record $574 Billion in Loans During 2018
HousingWire, April 18, 2019–Caroline BasileThe multifamily and commercial real estate lending business is booming. Lenders in the space closed a record $573.9 billion in loans in 2018, the Mortgage Bankers Association reported. Loans averaged $19 million.
Amazon’s Whole Foods Could be a Fit for 110 Old Sears Stores, BMO Says
CNBC, Apr. 11, 2019–Lauren ThomasYour local, shuttered Sears or Kmart store could soon turn into a grocery store, according to investment group BMO. Maybe even a Whole Foods.
2018 Set Record for Commercial/Multifamily Lending
Mortgage News Daily, Apr. 11, 2019–Jann SwansonCommercial and multifamily mortgage bankers closed $573.9 billion in loans during the year according to results from a Mortgage Bankers Association survey. The total represents an 8 percent increase from the volume in 2017.
Mark Calabria Takes Over as FHFA Director, Begins Push for Housing Finance Reform
HousingWire, Apr. 15, 2019–Ben LaneIn remarks delivered at his swearing-in ceremony at the Federal Housing Finance Agency, Calabria emphasized the pressing need for housing finance reform. “I enter this office with a great sense of urgency. One I hope you share,” he said.
Office Developers Are Increasingly Adding Mixed-Use Components to New Projects
National Real Estate Investor, Apr. 16, 2019–Patricia KirkMixed-use was already a big hit in the retail sector. Now office developers are trying to capitalize on the trend.
Podcast–How Lenders View The Current Market With Jamie Woodwell
Real Crowd, Apr. 4, 2019–Tyler StewartJamie Woodwell, Vice President of Research and Economics with the Mortgage Bankers Association, discuss recent research on how lenders view the current market.
Institutional Investors Slow Down Purchases of SFR Assets
National Real Estate Investor, Apr. 8, 2019–Bendix Anderson With high prices making it difficult to reach attractive yields, the biggest single-family rental investors are still waiting for the right opportunity to grow their businesses.
CMBS Delinquencies Rise as Late Payments on Retail Properties Increase
National Mortgage News, Apr. 8, 2019–Brad Finkelstein (subscription)The commercial mortgage-backed securities delinquency rate increased for the first time since October, led by a 31-basis-point rise in late payments for loans secured by retail properties, Fitch Ratings said.
‘The Changing Of The Guard’: Atlanta C-Suites Are Getting Younger, Fast
Bisnow, Mar. 28, 2019–Jarred SchenkeYounger executives are taking top roles at commercial real estate companies. And as C-suites grow younger, so too does the way business is conducted.