Retail sector single-tenant net lease cap rates reached a new low in the fourth quarter–6.07 percent–reported Boulder Group, Northbrook, Ill.
Category: News and Trends

MBA Welcomes 18 New Members
The Mortgage Bankers Association welcomed 18 new regular members to its ranks, which now numbers more than 2,300 member companies.

Commercial/Multifamily Briefs
Fannie Mae, Washington, D.C., launched DUS Disclose, a new mortgage-backed securities disclosure website to improve transparency and increase data available for multifamily securities.

CMBS Delinquency Rates Continue to Fall
Delinquency rates for loans packaged in commercial mortgage-backed securities fell throughout the second half of 2017, said Morningstar Credit Ratings LLC, New York, which expects the declining trend to continue in 2018 as servicers continue to wind down their legacy portfolios and originations outpace new problem loans.

MBA 3Q Commercial/Multifamily DataBook Reports ‘Strong, Steady’ Markets
Commercial real estate and finance markets were strong and steady during the third quarter, the Mortgage Bankers Association said today.

Agility Important For Commercial Real Estate Investors, Occupiers In 2018
CBRE, Los Angeles, says the best strategy for commercial real estate investors and occupiers in 2018 comes down to one word: “agility.”

CBRE: Hotel Sector Performance Appears ‘Sustainable’ Through 2019
The U.S. lodging industry could see continued record occupancy through 2019, predicted CBRE Hotels, Atlanta.

Fed Rate Hike Cites Strong Labor Conditions, Inflation
Following its policy meeting yesterday, the Federal Open Market Committee announced it raised the federal funds rate a quarter-point to 1-1/4 to 1-1/2 percent. In its statement, the FOMC noted the labor department “continued to strengthen” and economic activity “has been rising at a solid rate.”

CMBS 2.0 Special Servicing, Defaults Volume Remains Low
Special servicing volume and loan defaults remain low for commercial mortgage-backed securities loans disbursed after 2010.

Fannie Mae, Freddie Mac Publish ‘Duty to Serve’ Plans
The Federal Housing Finance Agency yesterday published Duty to Serve program market plans for Fannie Mae and Freddie Mac for the next two years.