Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Category: News and Trends
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.
Senior Housing Investment Outlook Positive Despite Slowdowns
Senior housing investment and construction slowed in early 2019, but investors remain confident in the sector’s long-term outlook, said Real Capital Markets, New York.
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.
CMBS Supply-Demand Fundamentals Steady; Special Servicing Falls
Commercial property market supply and demand fundamentals remained stable in late 2018, Moody’s Investors Service reported.
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.
New York Bumps London as Top City for Foreign Real Estate Investment
New York regained its perch as the number one global city for foreign investors, displacing London, reported A Fellowship for International Real Estate, Washington, D.C.
Low Supply Driving Rapid Single-Family Rental Increases
Rent prices in single-family rental properties grew faster in February than in January, reported CoreLogic, Irvine, Calif.
