The Trump Administration’s nominee for Federal Housing Commissioner is a familiar face to the housing industry and members of the Mortgage Bankers Association.
Category: News and Trends
Expectations for Institutional Returns Slip
Institutional investors expect commercial real estate returns to slip over the next year, the Pension Real Estate Association’s Consensus Forecast survey said.
MBA Chart of the Week: Commercial/Multifamily Property Sales, Mortgage Bankers Originations and Non-Bank Maturities ($ Millions)
Traditionally, commercial/multifamily mortgage bankers originations have tracked very closely with property sales volumes, with 2016 recording $490 billion of originations and $496 billion of property sales. That relationship broke down in the first half of 2017.
Freddie Mac: Continued Multifamily Market Growth But Increased Affordability Challenges
Most multifamily executives believe the rental housing market will continue to grow, but many are less optimistic about the affordable housing outlook, reported Freddie Mac, McLean, Va.
Administration Nominates Montgomery as FHA Commissioner
The Trump Administration’s nominee for Federal Housing Commissioner is a familiar face to the housing industry and members of the Mortgage Bankers Association.
Expectations for Institutional Returns Slip
Institutional investors expect commercial real estate returns to slip over the next year, the Pension Real Estate Association’s Consensus Forecast survey said.
MBA, Trade Groups Lead Push to Approve HUD Nominees
Back from its August recess, Congress has a lot on its plate: flood insurance; debt ceilings; Hurricane Harvey relief; and tax reform, to name a few. The Mortgage Bankers Association and nearly 60 other industry and consumer trade groups want the Senate to make sure a key component of housing policy–HUD leadership–stays on the front burner, too.
CRE Prices Advance in July
Commercial real estate asset prices grew in July, Real Capital Analytics, Green Street Advisors and CoStar said in separate reports.
CBRE: Asian CRE Investment Gains Momentum
Asian outbound commercial real estate investment posted significant year-on-year gains in first-half 2017, reported CBRE, Los Angeles.
Commercial/Multifamily Briefs
Online real estate marketplace Ten-X Commercial partnered with CRE direct lender Money360 to offer financing for properties available for sale.