CMBS Loss Severities Drop, Resolutions Shorten

U.S. commercial mortgage-backed securities loan loss severities dropped last year despite a backlog of maturing loans from the 2007 vintage, reported Fitch Ratings, New York.

Industrial Real Estate Hits its Stride

After record years in 2016 and 2017, the industrial sector is poised for an even stronger 2018, reported Yardi Matrix, Santa Barbara, Calif.

First Half Hotel Performance ‘Better Than Expected’

North American hotels continue to experience significant growth, with average daily rates up 2.7 percent and bookings up 1.4 percent compared to the first quarter, reported TravelClick, New York.

May Apartment Rents Up, Growth Rate Down

U.S. multifamily rents increased slightly to $1,381 in May, but growth was weaker than one year ago, said Yardi Matrix, Santa Barbara, Calif.

‘Stable’ Outlook for REITs

Real estate investment trust property-level fundamentals should remain positive at least through 2018, reported Fitch Ratings, New York.