CMBS Supply/Demand Fundamentals Stable

Commercial property market supply and demand fundamentals remained stable in the first quarter, reported Moody’s Investors Service, New York.

Single-Tenant Net Lease Cap Rates Stable

The second quarter brought very little movement in single-tenant net lease property cap rates overall, reported Calkain, Herndon. Va.

Commercial Briefs

Fannie Mae, Washington, D.C., priced its first GeMS REMIC backed exclusively by its Green MBS collateral.

Hotel Pipeline Grows 12% Year-over-Year

The number of hotel guestrooms under contract grew 11.7 percent between July 2016 and last month, reported STR, Hendersonville, Tenn.

Forecasters: Weaker Growth Outlook, Lower Unemployment

The outlook for U.S. economic growth over the next three years looks slightly weaker than it did three months ago, the Federal Reserve Bank of Philadelphia’s Survey of Professional Forecasters reported.