As commercial and multifamily properties deploy more energy- and water-efficient features and lenders seek utility data, MISMO®, the mortgage industry standards organization, seeks participants to help create a Commercial Historical Utility Dataset.
Category: News and Trends
Single-Family Rent Growth Slips
CoreLogic, Irvine, Calif., said rent prices in single-family rental properties increased 2.9 percent year-over-year in July, down slightly year over year.
BofA Survey: Americans Prefer Mortgage over Rent
Most Americans prefer a mortgage payment to paying rent monthly, said Bank of America, Charlotte, N.C., in its yearly Homebuyer Insights Report.
Multifamily Market Sees Rent, Occupancy Growth
The multifamily market’s healthy growth continues, shown by continued not-too-fast, not-too-slow rent and occupancy growth.
MBA: 2Q Commercial/Multifamily Mortgage Delinquencies Remain Low
Commercial and multifamily mortgage delinquencies remained low in the second quarter, according to the Mortgage Bankers Association’s 2Q Commercial/Multifamily Delinquency Report.
CMBS Special Servicing Rate Declines
Trepp, New York, reported the volume of commercial mortgage-backed securities loans and assets in special servicing declined again in August, falling three basis points to 3.22 percent.
Emerging Trends in Real Estate: Investors Still Favor U.S. CRE
U.S. commercial real estate remains a favored asset class even as economic uncertainty looms, said the Urban Land Institute and PwC.
CREF Corner Office Conversation with CIT’s Matt Galligan
The Mortgage Bankers Association released an interview with CIT Vice Chairman of Real Estate Finance Matt Galligan, who shared his perspective on commercial real estate trends.
Overseas Investors Turn Net Sellers of U.S. Real Estate
Real Capital Analytics, New York, reported overseas investors became net sellers of U.S. commercial real estate in first-half 2019 for the first time since 2012.
Institutional Investors Downgrade 2019 Return Expectations
Institutional investors are decreasing their expectation for 2019 commercial real estate returns, the Pension Real Estate Association’s Consensus Forecast Survey reported.
