Colliers, Toronto, reported hybrid work will lessen office space requirements for many corporate users and could better work/life balance for workers.
Category: News and Trends
Freddie Mac: Apartment Investment Market Index Further Declines
The Freddie Mac Multifamily Apartment Investment Market Index declined 5.4% in the third quarter. The index is down 23.5% year over year.
Matt Rocco Moves to Colliers Mortgage
Mortgage Bankers Association 2023 Chairman Matt Rocco has made a career move.
CBRE: Moderate Recession Will Likely Slow Leasing, Investment
CBRE, Dallas, said it expects a moderate recession next year that will bring declines in real estate investment and leasing activity, though inflation will likely recede by year-end.
Fitch: Potential Recession, Scarce Capital to Slow REITs Pandemic Recovery
Fitch Ratings, New York, said challenging economic and financial trends for U.S. real estate investment trusts will continue into 2023 after emerging in 2022.
Dealmaker: NewPoint Secures $12M for Affordable Housing Construction
NewPoint Real Estate Capital, Plano, Texas, provided $12 million in construction financing for The Flats at 402, a 54-unit affordable housing community to be built in Madison, Wis.
MBA Releases Updated Affordable Housing Policy Agenda
The Mortgage Bankers Association released the second iteration of its Affordable Housing Policy Agenda.
Annual Single-Family Rent Price Growth Falls to Single Digits
CoreLogic, Irvine, Calif., said annual U.S. single-family rent growth slowed for the sixth straight month in October to 8.8%, the lowest growth rate in more than a year.
Longtime MBA Employee Lesley Hall Passes Away
Lesley Hall, who worked at the Mortgage Bankers Association for nearly 24 years in support of Mortgage Banking magazine and the MBA Newslink publications, passed away on Dec. 9 following an illness. She was 61.
GSE Leaders Join MBA #CREF23 Speaker Lineup
Join us at MBA’s Commercial/Multifamily Finance Convention & Expo 2023 to hear key leaders, including the Head of Multifamily from both Fannie Mae and Freddie Mac, share their insights on the multifamily finance ecosystem and ongoing policy priorities that shape the way forward for our industry and communities.