“Pricing power is really soaring for larger floor plans in most places, while smaller apartments tend to be rent change laggards.”–Greg Willett, Economist with RealPage, Richardson, Texas.
Category: News and Trends
MBA Weighs In With SEC on Climate-Related Disclosures
The Mortgage Bankers Association this week urged the U.S. Securities and Exchange Commission to follow a set of guiding principles as the SEC considers the issue of climate-related disclosures.
MISMO Approves Commercial Appraisal Dataset Standard
MISMO®, the real estate finance industry’s standards organization, announced availability of its updated Commercial Appraisal Dataset standard.
MBA, Real Estate Industry Commend Administration for Recovery Efforts; Call for End to Nationwide Eviction Moratorium
The Mortgage Bankers Association and a broad real estate coalition on Friday commended measures President Biden has taken to stabilize the housing sector and urged the administration to sunset the federal moratorium on evictions on June 30.
Fewer Firms Plan to Significantly Shrink Office Portfolios
U.S. companies have scaled back their plans to make big cuts to their office portfolios and many now expect their offices to support “collaborative” work in person rather than remotely, said CBRE, Dallas.
Apartment Investment Environment Stays Steady
Freddie Mac, McLean, Va., said its Apartment Investment Market Index held steady in the first quarter as continuing low interest rates support the sector.
RCA: CRE Not Out Of The Woods Yet
U.S. commercial real estate investment increased in April, but not all pandemic-related problems are in the rearview mirror, reported Real Capital Analytics, New York.
Dealmaker: Alliant Credit Union Closes $68 Million in Multifamily
Alliant Credit Union, Chicago, closed $68.4 million in financing for three multifamily properties in the Southeast and the West Coast.
ULI: Electrification Key to Decarbonizing Building Sector
The Urban Land Institute, Washington, D.C., said the commercial real estate industry can shift to a decarbonized future by moving to all-electric buildings.
Single-Family Rentals Rising: A Conversation With Berkadia
One result of a strong housing market driven by low rates, high demand and supply constraints is a substantial increase in investor interest in single-family rental housing. MBA NewsLink interviewed Berkadia executives Hilary Provinse and Dori Nolan about the SFR landscape and the outlook for this burgeoning sector.