Category: News and Trends

The Mortgage Bankers Association weighed in yesterday on proposed changes to the High Volatility Commercial Real Estate risk-based capital rule, offering recommendations on implementation issues and expressing concerns about certain rule interpretations.

Though cap rates have mostly declined since 2000, market indicators suggest the declining cap rate era is ending and moderate cap rate expansion is likely, said RCLCO, Bethesda, Md.

The U.S. office market maintained its steady improvement in the third quarter, sector analysts reported.

Walker & Dunlop, Bethesda, Md., acquired iCap Realty Advisors, an Atlanta mortgage banking firm based that places debt for all commercial real estate asset classes.

Opportunity Zones created by last December’s Tax Cuts and Jobs Act could cause up to $100 billion could be deployed over the next several years, analysts say.

The Mortgage Bankers Association will be closed Thursday, Nov. 22 and Friday, Nov. 23 in observance of Thanksgiving. MBA Commercial/Multifamily NewsLink will not publish next week.

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

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.

The commercial mortgage-backed securities loan delinquency rate reversed its consistent improvement in October, moving one basis point higher to 3.42 percent, reported Trepp, New York.

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.