Commercial and multifamily developments and activities from MBA important to your business and our industry.
Category: News and Trends
Trepp: CMBS Special Servicing Rate Retreats Slightly After Three Increases
Trepp, New York, reported the commercial mortgage-backed securities special servicing rate dipped in July after peaking at a 12-year high in June.
LightBox: CRE Activity Remains Strong in July
LightBox, Shelton, Conn., released its CRE Activity Index for July, pinning it at 112.4. That’s down just slightly from June’s high-water mark of 115.6.
CMF Quote of the Week
“John Hedlund brings an impressive combination of decades of leadership as a lender, a devotion to the mortgage industry and MBA engagement, and significant entrepreneurial success to our leadership ladder.”
–Laura Escobar, 2025 MBA Chair and President of Lennar Mortgage
Dealmaker: Merchants Capital Secures $61M for Queens, N.Y., Affordable Housing Development
Merchants Capital, Carmel, Ind., announced $60.5 million in total financing for the acquisition and preservation by Tredway of a 602-unit affordable housing community in the Queens, N.Y., neighborhood of Far Rockaway.
RentCafe: Washington, D.C., Tops Mid-Year Renter Engagement Tracker
RentCafe, Santa Barbara, Calif., released its Renter Engagement Tracker for the first half of the year, finding that the nation’s capital topped the list.
AICPA: One-Third of Americans Haven’t Taken Financial Steps to Prepare for Natural Disaster
A survey conducted by The Harris Poll on behalf of the American Institute of CPAs, Durham, N.C., found 32% of Americans say they have taken no financial steps to prepare for a natural disaster.
Fannie Mae Sentiment Index Up Two Points in July
Fannie Mae released its latest Home Price Sentiment Index, which increased to 71.8 in July.
Commercial Real Estate Lending Rebound Continues, CBRE Finds
Commercial real estate lending continued to rebound in the second quarter, though caution persists due to government policy and economic uncertainty impacting Treasury yields, according to CBRE, Dallas.
CoStar, Tourism Economics Lower Hotel Growth Forecast
CoStar, Washington, D.C., and Tourism Economics, Philadelphia, further downgraded growth projections in their revised 2025-2026 U.S. hotel forecast.