While volume has held relatively steady in recent years, the composition of securitized commercial and multifamily mortgage debt has changed dramatically.
Category: News and Trends
JLL: Construction Moving ‘Steadily Forward’
Commercial real estate construction continues to move steadily forward despite growing uncertainty and seasonal swings, reported JLL, Chicago.
Reis: Retail Sector Steady Despite Recent Store-Closure Announcements
Despite recent headlines about store closures across the country–Payless ShoeSource announced on Tuesday it will close 400 stores–overall retail real estate statistics show very little change, reported Reis, New York.
Commercial Property Price Indexes Diverge
Commercial real estate price indexes from Green Street Advisors and CoStar diverged in March, analysts at the firms said.
Trepp: CMBS Delinquency Rate Up Again
Commercial mortgage-backed securities delinquency rates increased again in March as another wave of loans turned newly delinquent, reported Trepp, New York.
Commercial/Multifamily Briefs
Colliers International Group acquired WelshCo LLC, Minnetonka, Minn., and its brokerage, property management, facilities and architecture divisions.
Census Bureau: Multifamily Unit Absorption Up, But Slowing
The Census Bureau released its annual Survey of Market Absorption of New Multifamily Units, reporting increases in 2016 but noting a slowdown toward the end of the year.
Freddie Mac: U.S. 2017 Multifamily Origination Volume Could Top $295 Billion
Freddie Mac, McLean, Va., said total multifamily origination volumes could increase by 3-6 percent this year to $295 billion, depending on movements in the 10-Year Treasury rate.
CREF Highlights
Commercial and multifamily developments and activities relevant to your business and our industry.
MBA, Trade Groups Offer Support for House Bill Clarifying Basel III CRE Rules
The Mortgage Bankers Association and nearly a dozen other industry trade groups sent a letter supporting proposed House legislation that would clarify High Volatility Commercial Real Estate provisions under the Basel III rule.