CBRE, Dallas, said delivery of a near-record 716,000 new multifamily units over the next two years will create a short-term oversupply, but noted the new supply will keep long-term fundamentals healthy.
Category: News and Trends
RIHA Releases Second Collection of Essays on Climate Change’s Impact on Real Estate Finance
The Mortgage Bankers Association’s Research Institute for Housing America published a second collection of essays that addresses affects of climate change on the real estate finance industry.
RealPage: Apartment Rent Collections Reach Highest Mark Since Before COVID
RealPage, Richardson, Texas, reported market-rate apartment renters are paying their monthly rent at the highest frequency in three years.
MBA CREF Policy Update March 16, 2023
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Commercial/Multifamily Briefs, March 16, 2023
Commercial and Multifamily Briefs from KBRA and Green Street.
CMF Quote of the Week: March 16, 2023
“MBA and its members are committed to expanding affordable rental housing opportunities for minorities and communities of color. The Council is instrumental in developing strategies and recommendations that will assist MBA in creating effective and equitable solutions to address our nation’s affordable rental housing crisis.”
–MBA President and CEO Bob Broeksmit, CMB, discussing MBA’s 2023 Affordable Rental Housing Advisory Council.
Commercial and Multifamily People in the News March 16, 2023
Personnel News from Northmarq, nxtCRE and Greystone.
Digitally Native Brands Look to Brick and Mortar
Placer.ai, Los Altos, Calif., said a robust brick-and-mortar operation is critical for digitally native brands looking to build brand awareness, streamline distribution and drive consumer engagement.
Trepp: 2022 Life Insurance Mortgage Returns Worse Than 2008
Trepp LLC, New York, said its life LifeComps index of insurance company commercial mortgage investments saw a -10.1% return in 2022, largely due to a -14.3% appreciation return.
Lenders Active in Hotel Sector
Lenders remain active in the hotel sector despite rising interest rates, inflation and recessionary fears, reported real estate investment banking firm RobertDouglas, New York.