CREF Highlights

Commercial and multifamily developments and activities relevant to your business and our industry.

Steady Rise In Small-Balance Lending

Small-balance multifamily lending–between $1 million and $5 million–slipped during the third quarter but remains on a record-setting pace for the year, reported Arbor Realty Trust and Chandan Economics.

Moody’s: CMBS Loss Severities Increase Slightly

Just more than 150 commercial mortgage-backed securities loans liquidated with a 42.8 percent weighted-average loss severity during the third quarter–up slightly from 42.5 percent in the quarter before–reported Moody’s, New York.