The apartment market reached record highs for demand, occupancy and rent growth in the first quarter–toppling previous multi-decade peaks set last year, reported RealPage, Richardson, Texas.
Category: News and Trends
MBA Chart of the Week: Net Migration by Metropolitan Status
The Current Population Survey, sponsored jointly by the U.S. Census Bureau and the U.S. Bureau of Labor Statistics, includes an Annual Social and Economic Supplement conducted every March. The ASEC provides details on geographic mobility and migration over the last year—including information on the types of moves and the characteristics of the movers.
MBA Forecast: Commercial/Multifamily Lending Holds Steady Amid Higher Rates, Economic Uncertainty
Total commercial and multifamily mortgage borrowing and lending is expected to hold steady at a projected $895 billion in 2022, roughly in line with 2021 totals ($891 billion), the Mortgage Bankers Association said Monday.
Dealmaker: Northmarq Completes $46M in Multifamily Refis
Northmarq, Minneapolis, arranged $45.9 million to refinance four Wisconsin and California multifamily properties.
CBRE: Investors Set to Pour More Capital into ‘Recession-Resistant’ Healthcare Sector
CBRE, Dallas, reported investors plan to allocate more capital to healthcare real estate, highlighting rising confidence in the asset class.
The FHFA 2022-2026 Strategic Plan: What It Means for MBA Members
The Federal Housing Finance Agency last week released its 2022-2026 Strategic Plan for Fiscal Years 2022-2026, focusing on guiding Fannie Mae, Freddie Mac and the Federal Home Loan Bank System for the next five years.
STR: Hotel Construction Pipeline Shrinks But Planning Activity Increases
STR, Hendersonville, Tenn., reported hotel rooms under construction fell from one year ago, but noted properties in the planning stage increased significantly.
Commercial and Multifamily Briefs April 22, 2022
Commercial and Multifamily Briefs from BlackStone, Madison Marquette, Highland Square Holdings and Fannie Mae.
mPact Events During MBA NAC 22
The Mortgage Bankers Association’s National Advocacy Conference is back in person, April 26 – 27, in Washington, DC. This is the industry’s largest in-person advocacy event of the year focused solely on the issues facing you and the real estate finance industry.
MISMO Calls for Participants to Develop a Roadmap for a Commercial eNote Standard
MISMO®, the real estate finance industry standards organization, issued a call for participants for a new Development Workgroup focused on exploring industry interest and demand for creating a standard for Commercial electronic promissory notes (eNotes).