Apartment rent growth is slowing–especially in once-robust markets–and will likely return to a more normal rate in the quarters to come, said Wells Fargo Securities, Charlotte, N.C.
Category: News and Trends
First Quarter Single-Family Rental Growth Remains Strong
The Federal Reserve’s recent interest-rate increases–three times in the past seven months–have not deterred the single-family rental sector, reported HomeUnion, Irvine, Calif.
MBA Presents Kurt Pfotenhauer with Burton C. Wood Award
WASHINGTON, D.C.–The Mortgage Bankers Association presented its annual Burton C. Wood Legislative Service Award to Kurt Pfotenhauer, Vice Chairman of First American Title Insurance Co.
Wells Fargo Securities: Multifamily Rent Growth Moderates
Apartment rent growth is slowing–especially in once-robust markets–and will likely return to a more normal rate in the quarters to come, said Wells Fargo Securities, Charlotte, N.C.
First Quarter Single-Family Rental Growth Remains Strong
The Federal Reserve’s recent interest-rate increases–three times in the past seven months–have not deterred the single-family rental sector, reported HomeUnion, Irvine, Calif.
MBA Presents Kurt Pfotenhauer with Burton C. Wood Award
WASHINGTON, D.C.–The Mortgage Bankers Association presented its annual Burton C. Wood Legislative Service Award to Kurt Pfotenhauer, Vice Chairman of First American Title Insurance Co.
MBA Chart of the Week: U.S. Treasuries and Agency MBS on Fed’s Balance Sheet
As MBA had anticipated in its forecast, the Federal Reserve proceeded with another 25 basis point rate hike and announced plans to begin unwinding its balance sheet this year.
Hotel Pipeline Continues to Grow
Hotel construction continues to grow, sector analysts report.
Trepp: May CMBS Delinquency Rate Slips
In a departure from a trend seen for well over a year, the commercial mortgage-backed securities delinquency rate dipped in May, reported Trepp, New York.
LifeCo Commercial Mortgage Returns Up in First Quarter
Returns on life company commercial mortgage investments rebounded in the first quarter to generate a 1.60 percent total return, the LifeComps Commercial Mortgage Index, Boston, reported.