CRE Price Growth Picks Up in August

U.S. commercial real estate property price growth picked up in August, reported Real Capital Analytics, New York.

Hotel Sector Faces Volatility

Healthy economic momentum and consumer confidence have boosted travel and hotel performance, but the sector could see more volatility in 2019, analysts say.

Commercial/Multifamily Briefs

Mountain America Credit Union, West Jordan, Utah, introduced eClosings on commercial loans.

Fannie Mae Names Hugh Frater Interim CEO; Tim Mayopoulos to Leave Oct. 15

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.

Fannie Mae Names Hugh Frater Interim CEO; Tim Mayopoulos to Leave Oct. 15

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.

CREF Highlights

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