Category: News and Trends

Housing affordability remains a big problem in many metros, especially those with robust rent growth over the past few years, reported Reis, New York.

With the National Flood Insurance Program slated to expire yet again, the Mortgage Bankers Association and other industry trade groups pressed Congress to move forward with legislation approving an extension through September.

The hotel sector faces declining occupancy in both 2020 and 2021 as supply increases faster than demand, predicted CBRE Hotels, Atlanta.

U.S. commercial real estate prices rose 0.8 percent in April, led by industrial property price growth, reported Real Capital Analytics, New York.

Commercial real estate investors appear to be growing more conservative as the real estate cycle lengthens.

LGIS Group, Atlanta, launched commercial property loan insurance for commercial real estate, similar to private mortgage insurance in residential mortgage lending.

Despite steadily growing new office supply, robust absorption held the sector’s vacancy rate steady at 13.7 percent in April, said Yardi Matrix, Santa Barbara, Calif.

Morningstar has agreed to acquire fellow credit rating agency DBRS. The firms expect the transaction to close early in the third quarter.

In search for yield and a vote of confidence in the assets, investors have pulled commercial mortgage-backed securities credit spreads lower in recent years.

Rent prices in single-family rental properties increased 2.9 percent year-over-year in March, in part due to strong employment figures, reported CoreLogic, Irvine, Calif.