Year-over-year multifamily rent growth fell from 5.5 percent in 2016 to 2.3 percent in December, largely due to one thing: occupancy, reported Yardi Matrix, Santa Barbara, Calif.
Category: News and Trends
Why Multifamily Rents Are Decelerating
Year-over-year multifamily rent growth fell from 5.5 percent in 2016 to 2.3 percent in December, largely due to one thing: occupancy, reported Yardi Matrix, Santa Barbara, Calif.
Hotel Sector Healthy, But Supply Peak Looms
The hotel sector started the year at a healthy pace, but supply growth will likely peak later this year, analysts say.
CMBS Delinquency Rate Falls Sharply
The commercial mortgage-backed securities delinquency rate dropped again in February, marking the eighth consecutive month of improvement, reported Trepp, New York.
Economy, Tax Law Reshaping Office Sector
The new tax law and an increasingly competitive employment market are reshaping companies’ office needs–and the potential implications for investors are significant–said Marcus & Millichap, Calabasas, Calif.
Homeownership Declining in Majority of Biggest U.S. Cities
Since 2000, homeownership has declined in a vast majority of America’s biggest cities, said Trulia, San Francisco.
Commercial Real Estate Investors See Cause for Optimism
Commercial real estate investors feel more optimistic now than a year ago, the CBRE Americas Investor Intentions Survey said.
Commercial Real Estate Deal Volume Slips
Commercial real estate transaction volume slipped 0.5 percent in the fourth quarter to $117.4 billion, said Real Capital Analytics, New York.
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Deborah Dubois Appointed President of MBA Opens Doors Foundation
The Mortgage Bankers Association appointed Deborah Dubois as President of the MBA Opens Doors Foundation.
