MBA Newslink interviewed Key Bank Real Estate Capital Senior Vice President David Drummond and Rabbet Chief Executive Officer Will Mitchell about trends and developments in the commercial and multifamily construction sector. The interview covers how the industry has evolved and met unprecedented challenges throughout 2020 with a particular focus on shifts from the second quarter to the third.
Category: News and Trends
CRE Prices Slip, Sales Volume Tumbles
Commercial real estate asset prices dipped in July while sales volume fell significantly, said Real Capital Analytics and CoStar Group.
Multifamily Market Musings by Sharon Walker
The multifamily market continues evolving in 2020 with plenty of interesting developments across the sources of capital that lend to multifamily property owners.
Commercial/Multifamily Briefs Sept. 10
M&T Realty Capital Corp., Baltimore, is now an approved Freddie Mac Multifamily Targeted Affordable Housing Optigo lender.
Personnel News from Walker & Dunlop, NorthMarq
Walker & Dunlop, Bethesda, Md., expanded its multifamily investment sales platform in South Florida by adding Managing Director Still Hunter III and Director Kaya Suarez.
Dealmaker: Capital One Provides $27M for Denver-Area Affordable Housing
Capital One, McLean, Va., provided a $27.4 million Fannie Mae fixed-rate loan for The View at North Peak, a 288-unit affordable community in Denver suburb Northglenn, Colo.
CMBS Delinquency Rate Falls from Near-Record High
The commercial mortgage-backed securities delinquency rate fell again in August after posting a big decline July.
For Houses, More Bedrooms; Apartments, Less Space
In this pandemic-induced new normal, size matters if you’re a homeowner: average size of new single-family homes are bigger today than they were 10 years ago while apartment sizes appear to be shrinking, according to a new report from StorageCafe.
JLL: ‘Passive’ Investment Growth Could Boost Private Real Estate Market
JLL, Chicago, said increased passive investment into public real estate investment trusts could drive a new wave of capital into private real estate markets.
Dealmaker: Bellwether Enterprise Closes $98M
Bellwether Enterprise, Cleveland, arranged $97.5 million to refinance seniors apartments in California and workforce housing in Fargo, N.D.