Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Category: News and Trends
Rising Labor, Land Costs Impacting Seniors Housing Development
Seniors housing development costs have risen sharply over the past two years, driven primarily by labor and land, said CBRE, Dallas.
HUD Requests Public Input About its Green and Resilient Retrofit Program
On Monday, HUD released a Request for Information in public inspection form to obtain input regarding its Green and Resilient Retrofit Program.
Sustainability, Infrastructure Top of Mind for Data Center Operators
Sustainability and infrastructure remain the biggest concerns for data center operators, said JLL, Chicago.
MISMO Calls for Participants for New Commercial Community of Practice
MISMO®, the real estate finance industry standards organization, issued a call for participants for a new Commercial Community of Practice focused on monitoring commercial and multifamily industry trends and exploring potential standards for commercial and multifamily initiative.
CRE Executives Worry About The Economy
Ongoing uncertainty in the global economy could affect commercial real estate even more than the pandemic did, said Deloitte, New York.
Dealmaker: Northmarq Secures $27M for Office, Retail Properties
Northmarq, Minneapolis, secured $26.7 million to refinance office and retail properties in Virginia and California.
Trepp: Interest Rates Hit 2Q Life Insurance Mortgage Returns
Trepp LLC, New York, said life insurance company commercial mortgage investments fell again in the second quarter, largely due to increasing interest rates.
Commercial/Multifamily News Briefs September 29, 2022
News in brief from Affordable Central Texas, Wells Fargo Foundation, Marcus & Millichap and Project Destined
Quote
“Respondents point to sustained high inflation, workforce management, cyber risk and climate-regulated regulatory action as issues that will have the most impact on revenues over the next 12 to 18 months. Unfortunately, most respondents do not think the industry is fully prepared to respond to some uncertainties.”
–Deloitte, in its new Commercial Real Estate Outlook.