Redfin, Seattle, reported investor activity declined in Q4, with 47,004 homes purchased.
Category: News and Trends
Jobs Up by 151,000 in February; Unemployment Rate Ticks Up
The Bureau of Labor Statistics released February employment numbers, finding total nonfarm payroll rose by 151,000 in February.
RentCafe: Miami, Chicago Area Top Rental Competition List
RentCafe, Santa Barbara, Calif., reported that while the hottest spot for renters is Miami, the Chicago suburbs are a close rival.
Dealmaker: Newmark Arranges $275M to Refinance N.Y. Luxury Residential Property
Newmark, New York, arranged a $275 million loan to refinance a multifamily asset in New York City.
CREF Policy Update: MBA Update on HUD Operations, Recommendations for FHA, Ginnie Mae Program Improvements
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Commercial/Multifamily Briefs, March 13, 2025
Commercial/multifamily industry news from JLL, LightBox and Merchants Bank.
Trepp: CMBS Delinquency Rate Decreases in February
Trepp, New York, found the CMBS Delinquency Rate fell in February, with the overall rate decreasing 26 basis points to 6.3%.
CREF Policy Update
Commercial and multifamily developments and activities from MBA important to your business and our industry.
CBRE: Data Centers See Strong 2024
CBRE, Dallas, reported supply in primary data center markets increased by 34% year-over-year in 2024, significantly more than the 26% increase in 2023.
CMF Quote of the Week
“Despite ongoing challenges like inflationary pressures, high interest rates, and rising distressed opportunities, investors continue to recognize significant opportunities in the multifamily sector.”
–Berkadia Executive Vice President and Head of Production Ernie Katai