U.S. apartment rent growth accelerated to a 2.9 percent annual pace in the third quarter, reported RealPage, Richardson, Texas.
Category: News and Trends
CREF Highlights
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
CMBS Delinquency Rate Reduction Accelerates; Possible ‘Inflection Point’ Ahead?
The commercial mortgage-backed securities delinquency rate dropped “markedly” once again in September, reported Trepp, New York.
MBA Mobilizes Against California Rent Control Proposal
In California, propositions–ballot initiatives that give voters tremendous influence in public policy–are a way of life (think Howard Jarvis and Proposition 13, the landmark 1978 measure that capped state property taxes). But the Mortgage Bankers Association says one such ballot initiative this November could have unintended consequences for affordable housing.
MBA Asks Treasury, IRS to Clarify Business Income Deduction Rules
The Mortgage Bankers this week urged the Treasury Department and the Internal Revenue Service to further clarify its rules governing qualified business income deductions under Section 199A of the Internal Revenue Code.
MBANow CREF Corner Office Conversation with Walker & Dunlop’s Willy Walker
The Mortgage Bankers Association released a new interview with Walker & Dunlop Chairman and CEO Willy Walker, who discussed multifamily, Walker & Dunlop’s business strategy and GSE reform. Walker serves on MBA’s board of directors.
MBANow CREF Corner Office Conversation with Walker & Dunlop’s Willy Walker
The Mortgage Bankers Association released a new interview with Walker & Dunlop Chairman and CEO Willy Walker, who discussed multifamily, Walker & Dunlop’s business strategy and GSE reform. Walker serves on MBA’s board of directors.
Commercial Real Estate’s Relative Value Slips
Commercial real estate’s relative value compared to price slipped in the second quarter, reported Situs RERC, Houston.
JLL: Retail Closures Present Opportunities for New Retail, New Uses
The retail sector’s softening fundamentals are changing investment activity, said JLL, Chicago.
Affordable Housing Vacancy Rates Stay Tight
The affordable housing sector’s vacancy rate remained tight at 2.0 percent for the third consecutive time in the second quarter, reported Reis, New York.
