Fitch Ratings, New York, lowered its U.S. real estate investment trust sector outlook to Deteriorating from Neutral.
Category: News and Trends
CREF Policy Update: June 22, 2023
Commercial and multifamily developments and activities from MBA important to your business and our industry.
July 24 (New Date): MBA Education Webinar Office Doldrums: Challenges, Opportunities and Nuances
Office markets and performance are on the minds of market participants as technology layoffs and space reduction announcements drive the year’s news cycles along with rising interest rates. Join MBA Education and industry practitioners as they explore opportunities and challenges in the office sector.
Deadline June 23: MISMO Seeks Nominations For Commercial Standards Governance Committee Members
MISMO®, the real estate finance industry’s standards organization, is seeking nominations for qualified industry professionals to serve on MISMO’s Commercial Standards Governance Committee for a term ending on December 31, 2024. Nominations will be accepted until 8:00 PM ET on Friday, June 23, 2023.
Completion of Build-to-Rent Homes Hit New High in 2022
RentCafe, Santa Barbara, Calif., reported construction of new build-to-rent single-family homes hit a high in 2022, with 14,541 completed.
DLA Piper Survey Finds Bearish Outlook Among CRE Leaders
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: CMBS Special Servicing Rate Rises to 6.11%
Trepp, New York, reported its CMBS Special Servicing Rate climbed 49 basis points to 6.11% in May, marking its fourth sequential monthly increase.
Dealmaker: Madison Realty Capital Originates $262M Construction Loan for Miami Condos
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.
Fitch Lowers REIT Sector Outlook Amid Tighter Lending
Fitch Ratings, New York, lowered its U.S. real estate investment trust sector outlook to Deteriorating from Neutral.
Newmark: Industrial Sector Shows Solid Outlook, but Headwinds Persist
Newmark, New York, found the industrial market had some challenges in the first quarter, but the sector remains on a long-term growth trajectory.