Cap rates in the single-tenant net lease retail and industrial sectors fell once again in the fourth quarter to record lows, reported Boulder Group, Wilmette, Ill.
Category: News and Trends
MBA Voices: Courageous Conversations with Women of Color Series Begins Jan. 12
The Mortgage Bankers Association introduces a new three-part virtual series, Voices: Courageous Conversations with Women of Color, beginning Tuesday, Jan. 12.
CMBS Market Musings–Not Out of the Woods?
As the commercial real estate finance market experienced fits and starts last year, no capital source provided more transparency into commercial real estate than CMBS with its monthly investor reporting and credit rating agency coverage creating a window into market performance and challenges for certain retail and hospitality assets.
Personnel News from STR, Unispace
STR, Hendersonville, Tenn., appointed Isaac Collazo Vice President of Analytics.
News in Brief from Simon Property, Marcus & Millichap, Freddie Mac, Verus
Simon Property Group, Indianapolis, completed its acquisition of an 80 percent ownership interest in The Taubman Realty Group Limited Partnership, Bloomfield Hills, Mich.
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“While the impact of COVID-19 and geopolitical issues on commercial real estate remains a concern, institutions anticipate that a potential buying opportunity is emerging as distress and dislocation become more prevalent. We expect that this, combined with rising sentiment in favor of the asset class, will lead to an increase in investment pacing.”
–Hodes Weill & Assocs. Managing Partner Douglas Weill
Jan. 12: Courageous Conversations with Women of Color Series – Our Time. Our Story
Recent events across the country have elevated the conversation around diversity, equity and inclusion. In this first session, we will take a deeper look into the complexities of being a minority woman in real estate finance industry.
Personnel News from IPA, Walker & Dunlop, RCLCO, Maverick Commercial Mortgage
Institutional Property Advisors announced the commercial real estate investment brokerage team Scott Chandler, John Stewart and Bill Pitt joined the firm in Toronto.
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“We especially appreciate rental assistance for tenants, enhancements to the Paycheck Protection Program to help the hospitality sector, continued Troubled Debt Restructuring relief for all financial institutions and continuation of the TALF program.”
–MBA President and CEO Bob Broeksmit, CMB, discussing the $908 million economic stimulus bill passed by Congress this week.
FHFA Holds GSE Affordable Housing Goals Steady in 2021
The Federal Housing Finance Agency yesterday announced its 2021 affordable housing goals for Fannie Mae and Freddie Mac will remain the same as they were in 2020. It also seeks input about future housing goals rulemaking.