Personnel News from NewPoint Real Estate Capital, JLL and Greystone Monticello.
Category: News and Trends
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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.
FHFA Proposes 2023-2024 Fannie Mae, Freddie Mac Multifamily Housing Goals
The Federal Housing Finance Agency on Tuesday proposed new benchmark levels for Fannie Mae and Freddie Mac multifamily housing goals in 2023 and 2024.
CRE People in the News Aug. 18, 2022
Personnel News from Cushman & Wakefield, Walker & Dunlop and Colliers.
Trepp: Commercial Executives Expect Sector to Avoid Severe Damage
Commercial real estate executives are expressing concern about upcoming economic headwinds but believe CRE will avoid the most severe damage, reported Trepp LLC, New York.
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“Borrowing and lending backed by commercial real estate set another quarterly record from April through June, although the pace of increase slowed from the first quarter.
Property owners, investors and lenders continue to work through broader economic uncertainty that is affecting the space, equity and debt markets.”
–Jamie Woodwell, MBA Vice President of Commercial Real Estate Research.
Hotel Construction Pipeline Continues to Shrink
U.S. hotel construction has declined for seven consecutive months, reported STR, Hendersonville, Tenn.
Fitch: Stagflation Threatens Commercial Real Estate Values
Stagflation could lead to lower U.S. commercial real estate valuations, said Fitch Ratings, New York.