“Strong borrowing and lending backed by commercial and multifamily properties drove the level of mortgage debt outstanding to a new high at the end of 2021. The last three months of the year marked the largest quarterly increase in mortgage debt outstanding on record, as every major capital source increased their holdings.”
–Jamie Woodwell, MBA Vice President of Commercial Real Estate Research.
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.
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
CoreLogic, Irvine, Calif., said single-family rent growth started 2022 strong by increasing 12.6 percent year-over-year in January.
The commercial mortgage-backed securities delinquency and special servicing rates both fell in February, analysts reported.
The first quarter is traditionally relatively quiet for commercial real estate transactions, but the industrial sector missed that memo this year.
Avison Young’s Capital Markets Group sold an Iowa single-tenant net-leased industrial property and a Florida office property for a combined $338.6 million.
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.
Commercial real estate capitalization rates declined across the real estate spectrum last year, reported CBRE, Dallas
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.
