Commercial/Multifamily Briefs

Ares Management Corp., Los Angeles, closed Ares U.S. Real Estate Fund IX, which primarily targets investments in multifamily, industrial and office properties, at $1.04 billion.

CREF Highlights

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

CRE Annual Price Growth Slows in October

Annual growth in U.S. commercial property prices fell in October to the slowest pace seen this year, reported Real Capital Analytics, New York.

Wells Fargo: Economic Growth Likely to Bolster CRE

Current favorable economic conditions should extend through 2019, supporting commercial real estate next year even as the cycle reaches its 10th year, said Wells Fargo Securities, Charlotte, N.C.

MBA Chart of the Week: CMBS/Bank Delinquencies

In the commercial and multifamily mortgage markets, different capital sources track delinquency rates in different ways, and for a host of good reasons. Many capital sources, including banks, calculate delinquencies up to the point where an economic loss is recorded.

‘Seasonality’ in the Multifamily Market

Apartment rents increased 0.1 percent between October and November, the second straight monthly increase after a slight dip in September, reported Apartment List, San Francisco.

MBA Chart of the Week: CMBS/Bank Delinquencies

In the commercial and multifamily mortgage markets, different capital sources track delinquency rates in different ways, and for a host of good reasons. Many capital sources, including banks, calculate delinquencies up to the point where an economic loss is recorded.

MBA Chart of the Week: CMBS/Bank Delinquencies

In the commercial and multifamily mortgage markets, different capital sources track delinquency rates in different ways, and for a host of good reasons. Many capital sources, including banks, calculate delinquencies up to the point where an economic loss is recorded.

Workforce Housing Positioned to Outperform Market

Strong market fundamentals are attracting a wide variety of investors to workforce housing, creating good returns and helping preserve affordable accommodation in lower-income communities, reported CBRE, Los Angeles.