Commercial real estate transaction volumes through the first three quarters increased 14.2 percent over last year to $341.2 billion, reported JLL, Chicago.
Category: News and Trends
Demand for Industrial Real Estate Remains Strong; Debt Pricing on the Rise
While demand for distribution and warehouse space remains strong across most U.S. markets, investors should expect to pay more for debt financing heading into 2019, said Avison Young, Toronto.
Commercial/Multifamily Briefs
Macerich, Santa Monica, Calif., launched BrandBox as a way for digital-native brands to open and operate brick-and-mortar stores and scale physical retail as a complement to e-commerce.
MBA Announces Record 149 Path to Diversity Scholarship Winners
The Mortgage Bankers Association announced a record 149 individual employees from MBA member companies were awarded a Path to Diversity scholarship during the 2018 fiscal year.
MBA Offers Recommendations on HVCRE Exposures
The Mortgage Bankers Association weighed in yesterday on proposed changes to the High Volatility Commercial Real Estate risk-based capital rule, offering recommendations on implementation issues and expressing concerns about certain rule interpretations.
Prepare for a New Cap Rate Era
Though cap rates have mostly declined since 2000, market indicators suggest the declining cap rate era is ending and moderate cap rate expansion is likely, said RCLCO, Bethesda, Md.
Office Market Seeing Economic Tailwinds
The U.S. office market maintained its steady improvement in the third quarter, sector analysts reported.
Commercial/Multifamily Briefs
Walker & Dunlop, Bethesda, Md., acquired iCap Realty Advisors, an Atlanta mortgage banking firm based that places debt for all commercial real estate asset classes.
Opportunity Zones Could Trigger $100B in Investment
Opportunity Zones created by last December’s Tax Cuts and Jobs Act could cause up to $100 billion could be deployed over the next several years, analysts say.
MBA Offices Closed Next Thursday, Friday
The Mortgage Bankers Association will be closed Thursday, Nov. 22 and Friday, Nov. 23 in observance of Thanksgiving. MBA Commercial/Multifamily NewsLink will not publish next week.
