U.S. commercial real estate remains a favored asset class even as economic uncertainty looms, said the Urban Land Institute and PwC.
Category: News and Trends
CREF Corner Office Conversation with CIT’s Matt Galligan
The Mortgage Bankers Association released an interview with CIT Vice Chairman of Real Estate Finance Matt Galligan, who shared his perspective on commercial real estate trends.
Overseas Investors Turn Net Sellers of U.S. Real Estate
Real Capital Analytics, New York, reported overseas investors became net sellers of U.S. commercial real estate in first-half 2019 for the first time since 2012.
Institutional Investors Downgrade 2019 Return Expectations
Institutional investors are decreasing their expectation for 2019 commercial real estate returns, the Pension Real Estate Association’s Consensus Forecast Survey reported.
CREF Corner Office Conversation with CIT’s Matt Galligan
The Mortgage Bankers Association released an interview with CIT Vice Chairman of Real Estate Finance Matt Galligan, who shared his perspective on commercial real estate trends.
MBA, Others Urge Terrorism Risk Insurance Act Reauthorization
The Mortgage Bankers Association and more than 100 other organizations representing various business interests urged Congress to reauthorize the Terrorism Risk Insurance Act, which is set to expire at year-end 2020.
Commercial/Multifamily Briefs
Blackstone, New York, closed its latest global real estate fund, Blackstone Real Estate Partners IX, at $20.5 billion of total capital commitments, making it the largest current real estate fund.
MBA Chart of the Week: Commercial/Multifamily Originations Forecast
The Mortgage Bankers Association forecasts commercial and multifamily mortgage bankers will close a record $652 billion of loans backed by income-producing properties this year, 14 percent higher than last year’s record volume ($574 billion).
FHFA Increases Fannie Mae, Freddie Mac Multifamily Caps
The Federal Housing Finance Agency on Friday revised its cap structure on Fannie Mae and Freddie Mac’s multifamily businesses.
MBA Chart of the Week: Commercial/Multifamily Originations Forecast
The Mortgage Bankers Association forecasts commercial and multifamily mortgage bankers will close a record $652 billion of loans backed by income-producing properties this year, 14 percent higher than last year’s record volume ($574 billion).
