CoreLogic, Irvine, Calif., said single-family rent growth gained strength in September but remains below pre-pandemic rates.
Category: News and Trends
FHFA Sets $70 Billion 2021 GSE Multifamily Loan Purchase Caps
The Federal Housing Finance Agency on Tuesday announced 2021 multifamily loan purchase caps for Fannie Mae and Freddie Mac at $70 billion for each Enterprise, totaling $140 billion in support to the multifamily market.
MISMO Launches CRE Property Financial Workgroup, Issues Call for Participants
MISMO®, the mortgage industry standards organization, announced a call for participants for a new workgroup focused on a standards solution for commercial real estate.
Ratings Agency Seeks Better Bank CRE Lending Disclosure
Better disclosures would allow rating agencies to better assess commercial real estate credit risk in bank loan portfolios, said DBRS Morningstar, Toronto.
Personnel News from Arbor, Walker & Dunlop
Arbor Realty Trust, Uniondale, N.Y., appointed Arthanais Williams Managing Director of Affordable Housing.
Briefs from Bellwether Enterprise, NYLREI, Freddie Mac
Bellwether Enterprise Real Estate Capital LLC, Cleveland, opened new offices in Phoenix, Ariz. and La Jolla, Calif.
Pandemic Reaching Office Market
The next 18 months could be a difficult period for the office sector, said Moody’s Analytics REIS, New York.
CBRE Sees Mixed Results in CRE Recovery
CBRE, Los Angeles, said it anticipates the office, retail and hotel sectors will begin a slow recovery next year.
Dealmaker: Gantry Secures $131M for Multifamily, Senior Living Assets
Gantry, San Francisco, secured $131.4 million for multifamily and senior living assets in three states.
Small-Cap Multifamily ‘Resilient’
Small-cap multifamily properties are proving resilient during the pandemic-induced recession, said Boxwood Means, Stamford, Conn.