Category: News and Trends

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.

The fastest-growing cities in the United States saw substantial declines in affordable housing units between 2010 and 2017, said Freddie Mac, McLean, Va.

Civic Financial Services, Redondo Beach, Calif., launched a new rental program designed for real estate investors focused on aggregating rental properties. The program includes 5/1, 7/1 and 10/1 interest-only ARM products for either a single asset or a portfolio of properties.

Real Capital Markets, Carlsbad, Calif., said office investment is “back on track,” buoyed by significant sources of capital for deal-making following some political and economic uncertainty over the past year.

MBA offices will be closed on July 4 and 5 in observance of the Independence Day holiday. MBA NewsLink issue will publish as usual on Friday, July 5.

A group of New York-based net lease investment professionals based launched a national commercial real estate brokerage firm, SAB Capital.

MBA offices will be closed on July 4 and 5 in observance of the Independence Day holiday. MBA Commercial/Multifamily NewsLink will publish on Wednesday, July 3 instead. The daily MBA NewsLink issue will publish as usual on Friday, July 5.

CRE executives’ market sentiment has decreased since last summer and is likely to continue to slip, said RCLCO, Washington, D.C.

According to Census statistics, the U.S. added 1.5 million households during 2018 but built fewer than 1.2 million new housing units. The result is a tightening inventory–not just of homes for sale, but of homes available to occupy.

Private equity firm Welsh, Carson, Anderson & Stowe agreed to acquire data provider Green Street Advisors from Golden Gate Capital.