RENTCafé, Santa Barbara, Calif., reported many apartments are growing larger, in part due to increased working from home.
Category: News and Trends
Most Senior CMBS Found ‘Resilient’ Under Stress Test
Most high investment-grade rated commercial mortgage-backed securities multi-borrower bonds can withstand downgrades under a new hypothetical stress test, Fitch Ratings reported last week.
State of the Nation’s Housing: Millions Face Risk of Eviction, Foreclosure
Households that weathered the pandemic without financial distress are “snapping up” the limited supply of homes for sale, pushing up prices and excluding less-affluent buyers from homeownership, the Joint Center for Housing Studies at Harvard University reported Wednesday.
CREF Policy Update June 24, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
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“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.
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.