Overall, cap rates increased to 6.58%, up seven basis point from the prior quarter, Boulder said in its Fourth Quarter Net Lease Research Report.
Category: News and Trends
CREF Policy Update Jan. 25: MBA Calls for Changes in Comments on Basel III Endgame Proposal
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Commercial and Multifamily People in the News Jan. 25, 2023
Industry personnel news from M&T Realty Capital Corp., JLL, Greystone and Cushman & Wakefield.
CMF Quote of the Week: Jan. 25, 2024
“2023 is likely to go into the record books as the slowest year for commercial real estate borrowing and lending in roughly a decade.”
–Jamie Woodwell, MBA’s Head of Commercial Real Estate Research
MBA Continues to Cite ‘Substantial Concerns’ in Basel III NPR Comments
Following a joint comment letter with other trade groups submitted last week, the Mortgage Bankers Association also outlined more in depth concerns about the Notice of Proposed Rulemaking regarding the implementation of the final components of the Basel III standards in a separate letter Tuesday.
Berkadia Finds Some Optimism in Commercial Real Estate Industry
Berkadia, New York, released its 2024 Powerhouse Poll, revealing industry members’ perspectives on the commercial real estate industry. The survey found 72% of respondents believed institutional transaction volume will be stronger in 2024.
MBA: Delinquency Rates for Commercial Properties Increased in Fourth-Quarter 2023
Delinquency rates for mortgages backed by commercial properties increased during the fourth quarter of 2023, according to the Mortgage Bankers Association’s latest commercial real estate finance Loan Performance Survey.
Dealmaker: Calmwater Capital Funds $32M Construction Loan to Complete California Mixed-Use Development
Calmwater Capital, Los Angeles, provided GE Development with a $32.2 million construction loan to complete The One, an 81-unit multifamily development with 13,000-plus square feet of street-level retail in San Gabriel, Calif.
MISMO Releases 2023 Annual Report at Winter Summit
MISMO, the real estate finance industry’s standards organization, released its 2023 Annual Report at its 2024 Winter Summit. The MISMO Annual Report outlines the organization’s progress toward creating essential standards designed to solve key business challenges.
Inflation Increases Slightly in December
The headline inflation rate increased modestly during December, the Bureau of Labor Statistics reported Thursday.