Category: News and Trends

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

Though U.S. multifamily rents remained essentially flat in September–the first month rents had not increased since January–year-over-year rent growth remained healthy at 3.0 percent, reported Yardi Matrix, Santa Barbara, Calif.

Dallas/Fort Worth returned to the No. 1 spot for commercial real estate investors due to its young workforce and high business start-up activity, reported PwC US, New York, and the Urban Land Institute, Washington, D.C.

A record number of e-commerce retailers opened physical stores last year and 850 more are set to open in the next five years, reported JLL, Chicago.

Significant mortgage rate increases once again drove declines in the Freddie Mac Multifamily Apartment Investment Market Index in the second quarter and from a year ago.

WASHINGTON, D.C.–The Mortgage Bankers Association recognized 36 mortgage professionals from the commercial/multifamily market segment in a graduation ceremony for its Future Leaders Program here at the association’s Annual Convention & Expo.

Cushman & Wakefield’s Chicago office acquired multifamily institutional investment sales brokerage firm KIG CRE.

The commercial mortgage-backed securities delinquency rate fell 23 basis points in September to 3.41 percent, reported Trepp LLC, New York.

The role of “non-traditional” lenders continues to grow within the commercial real estate finance market.

Fannie Mae, Washington, D.C., appointed Hugh R. Frater as Interim CEO, effective October 16, subject to final Federal Housing Finance Agency approval. He will succeed Timothy J. Mayopoulos, who announced his intention to depart in July and will leave the company on October 15.