MBA NewsLink sat down with JLL’s Kent Cullins, who leads JLL’s Value & Risk Advisory Healthcare team, to discuss some of the major trends, opportunities and challenges he’s seeing in the sector.
Category: News and Trends
RentCafe: Average U.S. Apartment Size Is Increasing
RentCafe, Santa Barbara, Calif., reported the average apartment size in the U.S. increased last year, to sit at 908 square feet.
Redfin: Gap Between Income Needed for Buying vs. Renting Widens
Redfin, Seattle, found that Americans need to earn $116,633 per year to afford the median priced home for sale, compared with $64,160 needed to afford the typical apartment for rent.
Dealmaker: Bayview PACE Provides $137M C-PACE Financing for Westin Resort
Bayview PACE, a division of Silver Hill Funding, LLC, provided $137 million in C-PACE funding for the development of the 502-key, $420 million Westin Cocoa Beach Resort & Spa in Cocoa Beach, Fla.
CREF Policy Update: CFPB Agrees to Reopen Dodd-Frank Section 1071 Rulemaking
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Redfin: February Sees Highest Share of Condos Selling Under List Price in 5 Years
Redfin, Seattle reported that 68.4% of condos that sold in February did so for less than their original asking price.
CREF Policy Update April 10, 2025
Commercial and multifamily developments and activities from MBA important to your business and our industry.
CMF Quote of the Week
“In these last three months of frenetic change, I can assure you that MBA is bringing to bear our clout, our credibility and our common sense to the business of governing.” -MBA President and CEO Bob Broeksmit, CMB
Climate Central: 100-Year Coastal Flood Zones to Expand
Climate Central, Princeton, N.J., released an analysis of flooding along U.S. coasts, finding that in 25 years, 2.5 million Americans’ homes will be at risk of a severe coastal flood.
Dealmaker: BWE Secures $308M to Refinance Two Senior Living Communities
BWE, Cleveland, arranged $308 million to refinance two senior living communities in Los Angeles and Philadelphia.