The commercial mortgage-backed securities delinquency rate saw a rare increase in June, but that figure comes with a “footnote,” reported Trepp, New York.
Category: News and Trends
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.
Single-Tenant Net Lease Cap Rates Drop Across Sectors
Single-tenant net lease cap rates fell across the board in the second quarter, reported The Boulder Group, Northbrook, Ill.
Office Sector ‘Sluggish’ Despite Economic Growth
Last week the U.S. economy entered its longest expansion in history. Yet the office market remains “sluggish,” noted Reis Chief Economist Victor Calanog.
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.
Fastest-Growing Metros Losing Affordable Housing at Rapid Rate
The fastest-growing cities in the United States saw substantial declines in affordable housing units between 2010 and 2017, said Freddie Mac, McLean, Va.
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.
