CREF Highlights

Commercial and multifamily developments and activities from MBA relevant to your business and our industry.

Multifamily Sector Showing Stability

“Steady as she goes” could be the multifamily sector’s mantra. Analysts report stable apartment vacancy and rent growth rates in the first quarter.

Office Vacancies Drop Ahead of Expected Supply Wave

The office market remains broadly in an “expansionary” mode, with tenants driving 14 million square feet of net absorption in the first quarter, reported JLL, Chicago.

Commercial/Multifamily Briefs

Freddie Mac, McLean, Va., closed a Low-Income Housing Tax Credit fund with nonprofit equity syndicator CAHEC, Raleigh, N.C., and initiated several investments within the fund.

MBA Chart of the Week: Top Investor-Driven Lenders, 2018

Mortgage real estate investment trusts, debt funds and other “investor-driven lenders” are one of the hottest capital sources in today’s commercial real estate finance markets.

2018 CRE Transaction Volume Near Record

Commercial real estate transaction deal volume totaled $537 billion in 2018, the second-largest year on record for CRE sales in the U.S., reported Ten-X, Irvine, Calif.