STR, Hendersonville, Tenn., and Tourism Economics, Wayne, Pa., upgraded their hotel sector forecast for the rest of 2023.
Category: News and Trends
Commercial/Multifamily Briefs June 22, 2023
Briefs from HUD, Boxwood Means, Fannie Mae and Enterprise Community Partners.
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.
CMF Quote of the Week: June 22, 2023
“It is not surprising that the FOMC held rates steady at its June meeting but kept their options open for July and later this year. Nevertheless, we expect that the Fed is at the top of its rate hiking cycle.”
–MBA Senior Vice President and Chief Economist Mike Fratantoni.
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.
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.