CoreLogic, Irvine, Calif., reported U.S. single-family rent growth slowed for the seventh consecutive month in November but said growth remains positive.
Category: News and Trends
CMF Quote of the Week, Jan. 19, 2023
“Commercial and multifamily mortgages continued to perform well through the fourth quarter of 2022, albeit with a slight increase in the share of loans that are delinquent. Delinquency rates increased by small amounts for most property types even while the overall rate of delinquency remains low.”
–Jamie Woodwell, MBA Head of Commercial Real Estate Research.
MBA CREF Policy Update Jan. 19, 2023
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Commercial and Multifamily People in the News Jan. 19, 2023
Personnel News from Newmark and CBRE.
Lender Intentions Survey: Less Origination Activity Expected
Lenders cite rising interest rates, a looming recession and possible lower property valuations as their greatest challenges at the moment, reported CBRE, Dallas.
Colliers: Real Estate Market Should Start Stabilizing in Mid-2023
The global real estate market should start to stabilize by mid-2023, said Colliers, Toronto.
Brick-and-Mortar Groceries Show Resilience
The grocery sector continues to show impressive resilience despite inflation, supply-chain issues and labor shortages, reported Placer.ai, Los Altos, Calif.
MBA Chart of the Week Jan. 12, 2023: CRE Lending/Borrowing
Commercial real estate markets are entering 2023 amid a great deal of uncertainty and, as a result, a significant slowdown in activity. Leaders of top commercial real estate finance firms believe that overall uncertainty will dissipate over the course of the year, but with a host of factors that will drag – rather than boost – the markets in 2023.
Master-Planned Communities See Sales Decline
RCLCO, Bethesda, Md., reported master-planned communities–just like the broader U.S. housing market–saw a decline in home sales last year compared to 2021.
Dealmaker: MetroGroup Secures $23M for California 1031 Exchange
MetroGroup Realty Finance, Newport Beach, Calif., secured $22.6 million in financing for a southern California 1031 exchange transaction.