The median U.S. apartment asking rent fell slightly in March and the rental component of the Consumer Price Index has leveled off, two new reports said.
Category: News and Trends
MBA: 1Q Commercial/Multifamily Mortgage Delinquency Rates Up Slightly
Delinquency rates for mortgages backed by commercial and multifamily properties increased slightly through the first quarter, according to the Mortgage Bankers Association’s latest commercial real estate finance Loan Performance Survey.
The Sky Isn’t Falling for Small-Cap Commercial Real Estate
Small-cap commercial real estate appears to be in better shape than the larger CRE market, reported Boxwood Means LLC, Stamford, Conn.
MBA CREF Policy Update April 20, 2023
Commercial and multifamily developments and activities from MBA important to your business and our industry.
CMF Quote of the Week: April 20, 2023
“Delinquency rates for commercial and multifamily mortgages increased for the second straight quarter. The rise was led by a 110-basis point increase in the share of office loan balances that are 30 days or more past due. At the same time, pandemic-fueled delinquency rates for retail and hotel loans continued to tick down.”
–Jamie Woodwell, MBA Head of Commercial Real Estate Research.
MBA: 2022 Commercial and Multifamily Lending Down 8 Percent
Total commercial real estate mortgage borrowing and lending fell to $816 billion in 2022, an 8 percent decrease from the record $891 billion in 2021 but a 33 percent increase from $614 billion in 2020, the Mortgage Bankers Association reported Thursday.
Commercial/Multifamily Briefs, April 20, 2023
Briefs from Extra Space Storage, Life Storage, Cred iQ, Security Properties
Commercial and Multifamily People in the News April 20, 2023
Personnel News from NewPoint Real Estate Capital, Transwestern.
MBA: 2022 Commercial and Multifamily Lending Down 8 Percent
Total commercial real estate mortgage borrowing and lending fell to $816 billion in 2022, an 8 percent decrease from the record $891 billion in 2021 but a 33 percent increase from $614 billion in 2020, the Mortgage Bankers Association reported Thursday.
Zillow: Rents Climb Modestly in March, Continuing Their Soft Landing
Apartment asking rents climbed 0.5%, or $9, from February to March, reported Zillow, Seattle.