CMBS Special Servicing Rates Diverge

The commercial mortgage-backed securities special servicing rate settled down in June after two “roller coaster” months, but drilling deeper reveals an interesting trend, reported Trepp, New York.

Tech Job Growth Moving to Smaller Markets

Tightening availability of tech talent in leading markets is spurring hiring momentum in smaller markets as tech employers seek additional labor pools, said CBRE, Los Angeles.

CRE Professionals Confident in Activity Through Year-End

Mortgage banking and investment sales professionals remain bullish on the commercial real estate market and are turning their attention toward affordable housing as an emerging asset class, said Berkadia, New York.

Apartments Finish First Half Strong

The first half of 2019 ended “with a flourish” for multifamily real estate, said Yardi Matrix, Santa Barbara, Calif.

Hotel Sector Forecast Downgraded

The hotel sector reported positive results in all three key performance metrics during May, but several analysts downgraded their 12-month forecasts.