Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Category: News and Trends
Quote
“Investor home purchases are falling for the same reason overall home purchases are falling: surging interest rates and high housing prices have made it more expensive to get a mortgage and buy a home. While roughly three-quarters of investor purchases are made with cash, investors are still impacted by interest rates because they often take out loans to get that cash.”
–Sheharyar Bokhari, Senior Economist with Redfin.
Dealmaker of the Week: Dwight Capital Finances $262M
Dwight Capital, New York, closed $261.9 million in transactions.
JLL: Real Estate Investment Hits Record, But Headwinds Emerge
JLL, Chicago, said commercial real estate investment saw a record start to 2022 as investors put pandemic restrictions behind them. But several factors point to increased uncertainty going forward.
Life Sciences Job Growth Spreads To Smaller Markets
CBRE, Dallas, said the fast-growing life sciences real estate sector now extends beyond coastal research hubs for which it is mostly known.
Analysts Upgrade Hotel Forecast
STR and Tourism Economics upgraded their recovery timeline for U.S. hotel revenue per available room.
MBA: Record-High 1Q Commercial/Multifamily Mortgage Debt Outstanding
Commercial/multifamily mortgage debt outstanding increased by $74.2 billion (1.8 percent) to record levels in the first quarter, the Mortgage Bankers Association reported Thursday in its quarterly Commercial/Multifamily Mortgage Debt Outstanding Report.
MBA Diversity, Equity & Inclusion Presents Voices: Courageous Conversations with Men of Color June 21
MBA Diversity, Equity & Inclusion Presents the next installment of its webinar series, Voices: Courageous Conversations with Men of Color, on Tuesday, June 21, from 3:00-4:15 p.m. ET.
CREF Policy Update June 16, 2022
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
MBA Chart of the Week: Rental Housing Market Conditions
Commercial and multifamily real estate – after years of strong and steady growth – is in a period of transition, driven by changes in the space, equity and debt markets.