Category: News and Trends

The Mortgage Bankers Association released a new MBANow video featuring Mark Fisher, Vice President and Managing Director at StanCorp Mortgage Investors, who discusses the commercial real estate finance ecosystem and MBA engagement/advocacy.

Commercial property vacancy rates ticked up slightly from last year’s first quarter, but so did asking rents, the Mortgage Bankers Association First-Quarter 2018 Commercial/Multifamily DataBook reported.

Conventional wisdom suggests the commercial real estate marketplace operates in 10-year cycles–of which 2018 is Year 10. But new reports on commercial mortgage-backed securities performance indicate a market more in mid-cycle form.

New York Life Real Estate Investors, New York, closed its first dedicated national value-add vehicle, The Madison Square Value Enhancement Fund.

During the first three months of 2018, commercial and multifamily mortgage debt outstanding (shown by the red line in the chart) increased more than during any other first quarter since before the Great Recession.

Zillow, Seattle, said rents appreciated at a faster rate this past spring from a year ago in 27 of the 35 largest U.S. rental markets, but noted in pricier markets, rent appreciation slowed noticeably.

During the first three months of 2018, commercial and multifamily mortgage debt outstanding (shown by the red line in the chart) increased more than during any other first quarter since before the Great Recession.

During the first three months of 2018, commercial and multifamily mortgage debt outstanding (shown by the red line in the chart) increased more than during any other first quarter since before the Great Recession.

Relatively stable commercial real estate fundamentals should drive strong investment results for U.S. life insurers over the next 12 to 24 months, said Fitch Ratings, New York.

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