Category: News and Trends

The Mortgage Bankers Association and other industry trade groups urged federal banking agencies to streamline the “Volcker Rule” to reduce costs for businesses.

Rent prices in single-family rental properties increased 3.1 percent year-over-year in August, reported CoreLogic, Irvine, Calif.

The Mortgage Bankers Association announced formation of the Capital Council, a new business council, consisting of commercial real estate finance professionals from MBA member firms.

RealPage, Richardson, Texas, agreed to acquire Rentlytics, San Francisco, for nearly $57 million.

Cap rates edged higher in the second quarter, but they remain low; economic growth should support demand for commercial properties, offsetting further cap rate increases, reported Wells Fargo Securities, Charlotte, N.C.

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

Though U.S. multifamily rents remained essentially flat in September–the first month rents had not increased since January–year-over-year rent growth remained healthy at 3.0 percent, reported Yardi Matrix, Santa Barbara, Calif.

Dallas/Fort Worth returned to the No. 1 spot for commercial real estate investors due to its young workforce and high business start-up activity, reported PwC US, New York, and the Urban Land Institute, Washington, D.C.

A record number of e-commerce retailers opened physical stores last year and 850 more are set to open in the next five years, reported JLL, Chicago.

Significant mortgage rate increases once again drove declines in the Freddie Mac Multifamily Apartment Investment Market Index in the second quarter and from a year ago.