CommercialEdge, Santa Barbara, Calif., said office owners will continue to face difficulties, especially those with loans that mature over the next three years.
Category: News and Trends
Dealmaker: IPA Negotiates $54M Los Angeles Multifamily Asset Sale
Institutional Property Advisors, Calabasas, Calif., sold 205-unit Los Angeles multifamily community Haven Warner Center for $54 million, or $263,415 per unit.
Moody’s: CMBS Loss Severities Drop
Moody’s, New York, reported U.S. commercial mortgage-backed securities had the lowest loss amount last year since 2009, but noted loss severities remained elevated.
Colliers: February Investment Sales Volume Jumps
Commercial real estate investment sales volume totaled $25.1 billion in February, up significantly from January, reported Colliers, Toronto.
JLL: Brief Construction Contraction Possible
The construction industry remains exceptionally busy but cautious about a potential economic downturn, JLL said in its Construction Outlook.
Dealmaker: IPA Negotiates $54M Los Angeles Multifamily Asset Sale
Institutional Property Advisors, Calabasas, Calif., sold 205-unit Los Angeles multifamily community Haven Warner Center for $54 million, or $263,415 per unit.
CFPB Releases Final Rule on Small Business Loan Reporting
The Consumer Financial Protection Bureau last Thursday issued a final rule that would require some lenders to collect and report information about small business credit applications they receive, including geographic/demographic data, lending decisions and the price of credit.
Commercial/Multifamily Briefs, April 6, 2023
Briefs from Ncontracts, Enterprise Community Partners.
MBA CREF Policy Update April 6, 2023
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Commercial and Multifamily People in the News April 6, 2023
Personnel News from JLL, Avison Young and Lument.