Inspire change; share success. The Mortgage Bankers Association recognizes residential and commercial/multifamily members who show leadership in the areas of Diversity, Equity and Inclusion (DEI) internally through market outreach efforts with its annual DEI Leadership Awards.
Category: News and Trends
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“With the economy on stable ground and many property investors paying interest at 2 percent per year or less, further price gains are almost a certainty.”
–Peter Rothemund, Managing Director at Green Street.
Tech Hubs Poised For Growth After Holding Steady Through Pandemic
Technology employment weathered the pandemic better than most professions; now established tech capitals such as San Francisco and Seattle and emerging tech hubs including Dayton and Colorado Springs are poised for growth, said CBRE, Dallas.
Commercial, Multifamily Briefs from CBRE, Enterprise Community Partners
CBRE Group, Dallas, acquired Union Gaming, an investment bank and advisory firm focused on the global gaming sector.
MISMO Seeks Participants for Phase Two of Commercial Appraisal Dataset Standard Focusing on Retail, Office, Industrial Properties
MISMO®, the real estate finance industry’s standards organization, seeks participants for its Commercial Appraisal Development Work Group (DWG) as Phase 2 kicks off with a focus on expanding the Commercial Appraisal Dataset Standard to include more data points related to retail, industrial and office (RIO) properties.
Domino Effect: Single-Family Rent Growth Rate Spikes in May as Housing Economy Challenges Persist
CoreLogic, Irvine, Calif., said single-family rent growth reached 6.6% year-over-year in May, up from a 1.7% year-over-year increase in January 2020.
Personnel News From JLL, Bellwether Enterprise
JLL Valuation Advisory expanded its new Environmental and Property Condition team with three hires: George Bouchie, Ken Voyles and Lisa Dorn.
CMBS Delinquency, Special Servicing Rates Improve
Trepp LLC, New York, reported the commercial mortgage-backed securities delinquency rate declined again in June–but not by much.
MBA DEI Leadership Commercial/Multifamily Award: Nomination Deadline Aug. 13
Inspire change; share success. The Mortgage Bankers Association recognizes residential and commercial/multifamily members who show leadership in the areas of Diversity, Equity and Inclusion (DEI) internally through market outreach efforts with its annual DEI Leadership Awards.
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“Many factors already are in place to fuel strong tech talent job growth this year and beyond coming out of the pandemic. Big tech markets will gain from their established pipelines of tech graduates and many workers’ return to city centers. Smaller markets will reap benefits from their cost advantages in labor and real estate as well as the tech industry’s embrace of remote work for certain employees.”
–Todd Husak, Managing Director of CBRE’s Tech & Media Practice Group.