RentCafe, Santa Barbara, Calif., found Miami remained the most competitive rental market in peak rental season, but the Chicagoland area is hot, too.
Category: News and Trends
Redfin: New Apartments See Slightly Stronger Demand
Redfin, Seattle, found almost half of apartments built in Q1 were rented out within three months, a slight increase from Q4.
Cotality: Single-Family Rent Growth Weakens in July
Cotality, Irvine, Calif., released its Single-Family Rent Index for July, finding that prices increased just 2.3% year-over-year.
Dodge Momentum Index Points to Stronger Construction Activity
The Dodge Momentum Index increased 7.5% in August to 301.4, the Dodge Construction Network reported. Over the month, commercial planning expanded 8.7% while institutional planning grew 5.4%.
MBA: Commercial and Multifamily Mortgage Debt Outstanding Increased in Second-Quarter 2025
The level of commercial/multifamily mortgage debt outstanding increased by $47.1 billion (1%) in the second quarter of 2025, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report.
Dealmaker: Mesa West Capital Supplies $44M for Los Angeles Area Apartment Community
Mesa West Capital, Los Angeles, provided Alliance Residential and PCCP with $43.5 million to refinance Broadstone Los Feliz, a 134-unit multifamily community in Los Angeles.
CREF Policy Update: MBA Shares Views on GSE Release/Re-privatization at Multifamily-Focused Meeting at Treasury
Commercial and multifamily developments and activities from MBA important to your business and our industry.
FOMC Cuts Rate 25 Basis Points; MBA Economist Weighs In
The Federal Reserve’s Federal Open Markets Committee cut the federal funds rate target by 25 basis points Sept. 17.
CMF Quote of the Week
“MBA has long maintained that preserving at least two GSEs is essential to maintaining a competitive, efficient, and resilient housing finance system.”
–MBA President & CEO Bob Broeksmit, CMB
MISMO Names Mortgage Industry Leader Brian Vieaux, CMB, as President
MISMO, the real estate finance industry’s standards organization, named mortgage industry veteran, author and thought leader Brian Vieaux, CMB, as its new president, effective Oct. 16, 2025.