Multifamily building permits and starts have grown since January while single-family permits and starts have dropped, reported RealPage, Richardson, Texas.
Category: News and Trends
3Q Fraud Index Shows Increase in Multifamily Risk
CoreLogic, Irvine, Calif., said its National Mortgage Fraud Risk Index showed little change in the third quarter, although it noted a “significant” increase in risk levels for multifamily purchases.
Retail’s Small-Format Advantage
More retailers are now incorporating small-format stores into their portfolios, reported Placer.ai, Los Altos, Calif.
FHFA Shrinks Fannie Mae, Freddie Mac Multifamily Loan Purchase Caps
The Federal Housing Finance Agency, Washington, D.C., decreased the 2023 multifamily loan purchase caps for Fannie Mae and Freddie Mac slightly to $75 billion each.
Commercial and Multifamily People in the News Nov. 17, 2022
Personnel News from JLL, Quantum Real Estate Advisors and Bellwether Enterprise Real Estate Capital LLC.
MBA CREF Policy Update Nov. 17, 2022
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Quote
“MBA commends FHFA for its continued commitment to affordable rental housing, including workforce housing, and for providing stable liquidity to the marketplace. We also appreciate FHFA’s flexibility should the caps need to be increased, and its decision to streamline certain mission-driven requirements.”
–MBA President and CEO Bob Broeksmit, CMB, discussing the Federal Housing Finance Agency’s 2023 multifamily loan purchase caps for Fannie Mae and Freddie Mac.
Commercial/Multifamily News Briefs Nov. 17, 2022
News in brief from HUD, Strawberry Fields REIT, Aeon Investments.
Fitch: Most Maturing CMBS Conduit Loans Can Refinance
Maturing commercial mortgage-backed securities loans have elevated refinancing risk due to rising interest rates and a weakening macroeconomic outlook, reported Fitch Ratings, New York.
CBRE: Tech Industry Office Leasing Activity Slows, Remains Leading Force
CBRE, Dallas, said the tech industry’s share of U.S. office leasing slipped in first-half 2022 to its lowest figure in five years, though it remains a leading force in the sector.