Commercial/Multifamily Briefs

StepStone Real Estate acquired Courtland Partners Ltd. and the firms are now fully integrated. The firms announced a merger agreement in December.

CREF Highlights

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

MBA: 2017 CMF Mortgage Debt Rose by $200 Billion

Commercial/multifamily mortgage debt outstanding at the end of 2017 rose by 6.7 percent to $3.18 trillion, $200.3 billion higher than a year ago, the Mortgage Bankers Association reported.

Economic Outlook Benefiting Hotels

With the outlook for job creation and overall economic growth rising, demand drivers supporting hotels remain positive, reported Marcus & Millichap, Calabasas, Calif.

Smaller Investors Powering Single-Family Rental Market

Despite declining returns in many areas, the single-family rental market continues to grow due to more activity by smaller and middle-tier investors, reported ATTOM Data Solutions, Irvine, Calif.

‘Go Big’ Grocery Retailing Era Ending

Grocery retailing’s “go big or go home” era is ending as top chains pursue new strategies to cope with market disruptions, said Elkhorn Real Estate Partners, Oakbrook, Ill.

Commercial/Multifamily Briefs

Green Street Advisors, Newport Beach, Calif., launched Atlas, an enhancement to its Real Estate Analytics product suite.