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.

Commercial/Multifamily Briefs

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.

Office Investment Back on Track After Challenging Early 2019

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 Closed July 4 and 5

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.

Commercial/Multifamily Briefs

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