Commercial/multifamily industry news from JLL, LightBox and Merchants Bank.
Category: News and Trends
Trepp: CMBS Delinquency Rate Decreases in February
Trepp, New York, found the CMBS Delinquency Rate fell in February, with the overall rate decreasing 26 basis points to 6.3%.
CREF Policy Update
Commercial and multifamily developments and activities from MBA important to your business and our industry.
CBRE: Data Centers See Strong 2024
CBRE, Dallas, reported supply in primary data center markets increased by 34% year-over-year in 2024, significantly more than the 26% increase in 2023.
CMF Quote of the Week
“Despite ongoing challenges like inflationary pressures, high interest rates, and rising distressed opportunities, investors continue to recognize significant opportunities in the multifamily sector.”
–Berkadia Executive Vice President and Head of Production Ernie Katai
Berkadia Poll: Expectations of Increased Multifamily Activity in 2025
Berkadia, Ambler, Pa., released its latest Multifamily Powerhouse Poll Outlook, finding that respondents expect increased multifamily transaction activity this year, driven by improving economic outlook.
MISMO Seeks Public Comment on New Housing Counseling Dataset Specification
MISMO, the real estate finance industry’s standards organization, is seeking public comment on a new Housing Counseling Dataset Specification (HCDS). The 60-day public comment period runs through April 29, 2025.
Dealmaker: M&T RCC Closes $38.7M Loan for New York City Property
M&T Realty Capital Corp., Baltimore, provided $38.71 million in financing via a Freddie Mac Targeted Affordable Housing loan for a property in Long Island City, Queens, New York.
JLL Sees ‘Double-Digit’ Medical Outpatient Building Growth on Horizon
An aging population, surging outpatient demand and the need for services near growing populations are all contributing to strong demand in the healthcare sector, according to JLL, Chicago.
Commercial and Multifamily People in the News, Feb. 27, 2025
Industry personnel news from Cushman & Wakefield, Access Point Financial, Peachtree Group and Greystone.