The Consumer Price Index jumped by 0.8 percent in February from January and roared ahead by 7.9 percent to its fastest annual pace in 40 years, the Bureau of Labor Statistics reported.
Category: News and Trends
CBRE: Cap Rates Down Across Real Estate Spectrum in 2021
Commercial real estate capitalization rates declined across the real estate spectrum last year, reported CBRE, Dallas
Looking At Affordable Housing With Berkadia’s David Leopold
David Leopold, Senior Vice President and Head of Affordable Housing at Berkadia, manages all facets of Berkadia Affordable Housing, an integrated business that includes mortgage banking, investment and sales advisory services and tax credit syndication.
Institutional Investors Expect Continued Momentum
Institutional investors expect last year’s commercial real estate momentum to carry over into this year and next, the Pension Real Estate Association reported.
Quote
“With respect to the Enterprises, MBA firmly believes they should be released from conservatorship only when they have the financial strength to do so and after important market conduct reforms are made sufficiently durable.” –From an MBA letter to the Federal Housing Finance Agency on its 2022-2026 Strategic Plan.
Personnel News from KeyBank, Alliant Credit Union, NewPoint Real Estate Capital
KeyCorp, Cleveland, Ohio, named Helena Haynes-Carter Chief Diversity, Equity and Inclusion Officer.
Commercial and Multifamily Briefs from JLL, LaSalle Investment Management, Colliers
JLL created a permanently endowed fund with a $25,000 initial investment to support Florida A&M University students interested in commercial real estate careers. The move is part of the firm’s ongoing efforts to increase diversity and inclusion in commercial real estate.
REIT Outlook Stays Positive
JLL, Chicago, said real estate investment trusts show renewed optimism, driven by a total return of 43 percent for the year, and outpacing the S&P 500 by 14 percent.
Sponsored Content from GoDocs: Get Your 2022 Go-To Guide to Commercial Loan Issues
This guide provides a comprehensive look at current market conditions for construction lenders and details the potential pitfalls associated with commercial construction lending.
RealPage: Apartment Rent Growth Points to Moderation
Apartment rents reverted to more normal rate in February even as occupancy held at record highs, reported RealPage, Richardson, Texas.