Following a brief increase in March, the commercial mortgage-backed securities delinquency rate resumed its downward trajectory in April, reported Trepp, New York.
Category: News and Trends
Apartment Rent Gains Heat Up With Weather
Multifamily rents continued their strong seasonal gains in April, rising $4–the highest figure since last spring–to a $1,377 national average, reported YardiMatrix, Santa Barbara, Calif.
MBA Welcomes 36 New Members in February, March
The Mortgage Bankers Association welcomed 36 new regular members to its ranks, which currently numbers more than 2,300 member companies.
Retail Sector Weakens As Brick-and-Mortar Fundamentals Slip
The retail sector’s long and slow recovery, already well behind other commercial real estate sectors, is definitively sputtering to a halt, reported Ten-X, Irvine, Calif.
CBRE: Multifamily Sector Likely to Benefit from New Tax Plan
The U.S. multifamily market is poised to benefit from December’s income tax changes, reported CBRE, Los Angeles.
Small-Cap CRE Demand Slows as Rents Soar
Demand for small-cap commercial real estate slowed “considerably” during the first quarter, but tepid new supply kept vacant space in check and rents soaring, reported Boxwood Means, Stamford, Conn.
‘Stable’ 1Q Conceals Shifting Market
The first quarter saw stable CRE operating fundamentals, cap rates and transaction volume, but shifts in market participants that drove activity, reported PwC, New York.
CREF Highlights
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
MBA Expresses Concern over HUD CNA e-Tool
The Mortgage Bankers Association on Monday shared its concerns with HUD regarding the departent’s Capital Needs Assessment e-tool implementation.
Report Cites ‘Consistent’ CRE Construction
First quarter commercial real estate completions were consistent with historical first quarter numbers and emerging quarterly trends, reported Reis, New York.
