The multifamily mortgage market is large and diverse, with 2,554 lenders making 44,623 loans totaling a record $285 billion in 2017 involving loans ranging in size from thousands of dollars to hundreds of millions of dollars.
Category: News and Trends
MBANow: CREF Corner Office Conversation with DBRS’s Erin Stafford
The Mortgage Bankers Association released a new interview with DBRS Managing Director Erin Stafford, who discussed commercial mortgage-backed securities, the role of rating agencies and the credit outlook for commercial real estate.
ULI: Open Space Can Deliver Significant Return on Investment
Developers can see a return on investment by incorporating parks and open spaces in their properties, reported the Urban Land Institute, Washington, D.C.
CREF Highlights
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Institutional-Quality CRE Returns Slip; Cap Rates Reach Historic Lows
Institutional-quality commercial real estate returned 1.67 percent between July and September, down slightly from 1.81 percent in the second quarter, the National Council of Real Estate Investment Fiduciaries reported.
California Leads National Demand For Industrial Real Estate
The industrial sector is in demand across the country, but California leads the way with the top five markets for industrial real estate investment nationwide, said Ten-X, Irvine, Calif.
Commercial/Multifamily Briefs
Capital One, McLean, Va., established a new unitranche loan program focused on commercial and healthcare real estate with Kayne Anderson Real Estate, Los Angeles, as co-investor.
Tech Employers’ Spillover Effect on Office Rents
Technology companies from northern California, Seattle, Boston and New York are expanding into new markets, creating more office space demand and rent growth in beneficiary markets, reported CBRE, Los Angeles.
Green Buildings Gaining Ground
The commercial real estate industry is making significant progress in reducing energy consumption, carbon emissions, water usage and waste disposal, reported the Urban Land Institute, Washington, D.C.
Hotel Sector Sees Mixed 3Q Performance
The U.S. hotel sector saw mixed year-over-year performance during the third quarter and full-year 2017 performance fell short of expectations, analysts said.
