“Improving property fundamentals and strong price appreciation drove borrowing and lending backed by commercial and multifamily properties to new highs in 2021, with strong activity from every capital source.”
–Jamie Woodwell, MBA Vice President of Commercial Real Estate Research.
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Freddie Mac, McLean, Va., announced that Wendell Chambliss, a 20-year veteran of the company, has been appointed Senior Vice President and Chief Diversity and Inclusion Officer.
MBA’s Technology Solutions Conference & Expo is back in person, April 11 – 14 in Las Vegas. This is the industry’s biggest conference focused on today’s top technology solutions for businesses in the real estate finance industry.
“The market for retail financing continues to improve, based on interest level from lenders as well as the number and dollar volume of closed loans. That being said, lenders remain conservative in their underwriting and expect to be paid for taking on the perceived risk associated with retail assets in the form of higher interest rates and/or fees, compared to the highly favored multifamily and industrial asset classes.”
–JLL Capital Markets Managing Director Claudia Steeb.
Multifamily rent growth continues to exceed normal seasonal patterns, reports said.
Backed by strong long-term demand and increased investor interest, the seniors housing sector is now fully in recovery mode, said JLL, Chicago.
Despite growing sentiment among companies, politicians and even cabin fever-infected workers to return to post-covid operations, reports show returning to the office is still a long way from normal.
Cap rates in the single-tenant net lease sector reached historic lows for all three asset classes in the first quarter, said Boulder Group, Northbrook, Ill.
MBA NewsLink talked with JLL Capital Markets Managing Director Claudia Steeb and JLL Valuation Advisory Managing Director Joe Miller about the retail sector.
