2Q CRE Construction Cost Increases 2.4%

Rider Levett Bucknall, Phoenix, reported commercial real estate construction costs increased 2.4% during the second quarter.

Single-Family Rent Growth Slows

CoreLogic, Irvine, Calif., said U.S. single-family rent growth slowed in June but remains elevated.

MBA: Commercial/Multifamily Borrowing Up 19 Percent Year-Over-Year

Commercial and multifamily mortgage loan originations increased by 19 percent in the second quarter from a year ago, the Mortgage Bankers Association said Thursday in its Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

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“While the annual growth in single-family rents is nearly double that of a year ago and is still near a record level, price growth began decelerating in June.”
–Molly Boesel, Principal Economist at CoreLogic, Irvine, Calif.

MBA CREF Policy Update Aug. 25 2022

Commercial and multifamily developments and activities from MBA relevant to your business and our industry.

MBA: Commercial/Multifamily Borrowing Up 19 Percent Year-Over-Year

Commercial and multifamily mortgage loan originations increased by 19 percent in the second quarter from a year ago, the Mortgage Bankers Association said Thursday in its Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.