CREF Highlights

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

HUD Proposes Multifamily Rent Reform

HUD yesterday proposed changes intended to offer multifamily property owners, public housing authorities and HUD-assisted families a simpler and more transparent set of rent structures.

Industrial Vacancies Reaching Record Lows

Changes in technology, supply chains and consumer habits all continue to drive leasing demand for industrial properties–propelling the sector’s vacancies to their lowest levels on record–reported Ten-X Commercial, Irvine, Calif.

Apartment Sector Slows

The apartment sector stumbled during the first quarter as occupancy backtracked and rent growth continued to flatten, said RealPage, Richardson, Texas.

Commercial/Multifamily Briefs

Commercial real estate finance industry veterans Justin Kennedy, Toby Cobb and Jonathan Roth co-founded 3650 REIT, a national commercial real estate portfolio lender.

Triple Net Lease Cap Rates Drop Again

Cap rates for triple net leased assets dropped 22 basis points in the first quarter to a new low 6.03 percent median cap rate, reported NNNet Advisors, Los Angeles.

Long-Term Trends Boosting Data Centers

Long-term secular and structural trends in countries around the world are underpinning growth in the data center market, reported JLL, Chicago.