CREF Highlights

Commercial and multifamily developments and activities from MBA relevant to your business and our industry.

Life Insurers’ CRE Mortgage Exposure Grows

Fitch Ratings, New York, said U.S. life insurers’ exposure to mortgages increased to nearly 13 percent of invested assets at year-end 2018, up from 12.4 percent a year ago.

June CMBS Delinquency Rate Increases

The commercial mortgage-backed securities delinquency rate saw a rare increase in June, but that figure comes with a “footnote,” reported Trepp, New York.

Growing Investor Demand for Seniors Housing

Investor appetite for seniors housing is growing. Nearly two-thirds of investors plan to increase their buying over the next 12 months, said CBRE, Los Angeles.

CRE Price Growth Speeds Up; Industrial Leads Again

U.S. commercial real estate prices rose in May at their fastest annual rate this year, propelled by a jump in industrial property prices, reported Real Capital Analytics, New York.