Real estate practitioners can better manage climate risk in their portfolios by incorporating climate change threats including wildfires, hurricanes and excessive heat into their business models, the Urban Land Institute and LaSalle Investment Management reported.
Category: News and Trends
Resiliency, Innovation Fueling Life Sciences Growth
Despite some short-term challenges, the life sciences sector is set for long-term gains, said JLL, Chicago.
MBA: Commercial/Multifamily Lending Expected to Fall in 2022 Amid Ongoing Economic Uncertainty
The Mortgage Bankers Association, in an updated baseline forecast, said total commercial and multifamily mortgage borrowing and lending is expected to fall to $766 billion this year, down 14 percent from 2021 totals ($891 billion).
Commercial Property Price Growth Trends Slower
U.S. commercial property prices increased in August, but at the slowest pace seen this year, reported Real Capital Analytics, New York.
CRE People in the News October 6, 2022
Personnel News from Fannie Mae, Enterprise Community Partners, Access Point Financial, CBRE Hotels.
Commercial/Multifamily News Briefs October 6, 2022
News in brief about Merchants Capital, HUD’s Section 202 program.
Quote
“We continue to see significant changes, volatility and uncertainty in the space, equity and debt markets that drive commercial real estate values and transaction volumes.” –Jamie Woodwell, MBA Vice President for Commercial Real Estate Research.
MBA CREF Policy Update Oct. 6, 2022
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
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.