Category: News and Trends

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

Transwestern Commercial Services said office rents in the New York City and New Jersey markets reached record levels in the second quarter, with overall Manhattan rents topping $80 per square foot.

The apartment investment outlook improved in the first quarter after showing deterioration in late 2018, Freddie Mac reported.

The National Credit Union Administration is changing the regulation requiring real estate appraisals for certain commercial real estate transactions.

Despite concerns about cooling global economic growth and potential trade wars, capital markets and the labor market remain in good shape, said Ten-X Irvine, Calif.

Real Capital Markets, Carlsbad, Calif., said the office investment market is back on track and buoyed by significant capital for deal-making following some political and economic uncertainty over the past year.

The Mortgage Bankers Association released an interview with New York Life Investors Managing Director Tim McGinnis.

The commercial mortgage-backed securities special servicing rate settled down in June after two “roller coaster” months, but drilling deeper reveals an interesting trend, reported Trepp, New York.

JLL, Chicago, said private equity real estate fundraising started 2019 strong, registering the highest fundraising figure since the Great Recession.

Tightening availability of tech talent in leading markets is spurring hiring momentum in smaller markets as tech employers seek additional labor pools, said CBRE, Los Angeles.