Category: News and Trends

The Mortgage Bankers Association recently interviewed MetLife Managing Director Reena Pally about the transition away from LIBOR to a successor index for floating-rate loans.

Jones Lang LaSalle agreed to acquire HFF in a cash and stock transaction value at nearly $2 billion.

Defined as commuters who travel more than 90 minutes each way to work, “super commuters” have increased by nearly 32 percent since 2005, according to Apartment List. Over the same period, the number of Americans who work from home has seen an even sharper increase of 76 percent.

Apartment rent prices grew at their fastest rate in 10 months in February after decreasing last fall for the first time in years, reported Zillow, Seattle.

“Cautious yet confident” can describe current hotel investor sentiment, reported JLL, Chicago.

CBRE, Los Angeles, acquired Florida Valuation Group, a commercial real estate appraisal firm that specializes in right-of-way appraisal and litigation support related to eminent domain proceedings in the Southeast.

The commercial mortgage-backed securities delinquency rate crossed another threshold in February, falling below 3 percent for the first time since May 2009, reported Trepp, New York.

The search for yield this late in the cycle is enticing more commercial real estate investors into secondary markets and alternative assets, analysts said.

Office sector growth is spreading to secondary and tertiary metros as the cycle matures, reported Institutional Property Advisors, Calabasas, Calif.

The Mortgage Bankers Association released an interview with Situs Executive Managing Director Steven Bean.