A unique characteristic of the current real estate cycle is that it’s arguably been in the recovery phase since about 2010. Even while the events of 2020 put a pause on the economy, creating a significant downward shift in the labor market, many would agree that commercial real estate has not had a classic economic downturn since the Great Recession. That is important to consider in business planning generally, and specifically as apartment rents increase across the country. The drumbeat of calls for rent control have risen almost in tandem with rents.
Category: News and Trends
Hotel Construction Pipeline Optimistic
The U.S. hotel construction pipeline fell compared to a year ago, but look a little further ahead and you’ll see signs of optimism among hotel developers.
MBA Submits Comments on FHFA Proposed GSE 2022-2024 Housing Goals
The Mortgage Bankers Association on Monday submitted comments to the Federal Housing Finance Agency on its proposed rule for 2022-2024 housing goals for Fannie Mae and Freddie Mac.
Sun Belt Dominates Healthy Multifamily Markets
Sun Belt multifamily markets including Las Vegas, Dallas and Miami are particularly well positioned for the year ahead, said a new report from Arbor Realty Trust and Chandan Economics.
Dealmaker: JLL Secures $450M for Hyatt Regency Waikiki Beach Resort & Spa
JLL, Chicago, arranged $450 million to refinance the Hyatt Regency Waikiki Beach Resort & Spa in Honolulu, Hawaii.
Commercial/Multifamily Briefs from JLL, Building Engines, Freddie Mac
JLL, Chicago, agreed to acquire building operations platform Building Engines, Boston.
Personnel News From Capital One, Merchants Capital
Capital One added three new Senior Vice Presidents to its Agency Finance team, Jonathan Pratt, Rossana Bouchaya and Maggie Burke.
CREF Policy Update Oct. 28, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Quote
“The emphasis on ESG has taken huge steps over the last couple years, largely driven by the growing number of environmental disasters–floods, hurricanes, fires, drought, etc.–that directly impacted our industry.”
–Paul Fiorilla, Director of Research at Yardi Matrix.
MBA Elects 2022 Board of Directors
SAN DIEGO—The Mortgage Bankers Association on Sunday swore in its Board of Directors for the 2022 membership year at its 2021 Annual Convention & Expo.