Abundant Capital, Economic Growth Keep Cap Rates Stable

A “wall” of domestic and global capital, economic growth and a low interest rate environment led to broadly stable capitalization rates for U.S. commercial real estate in first-half 2018, reported CBRE, Los Angeles.

CMBS Delinquency Rate Continues Improvement

The commercial mortgage-backed securities delinquency rate declined for the third consecutive month due to steady new issuance and few new delinquencies, reported Fitch Ratings, New York.

‘Neither Too Hot Nor Too Cold’ CRE Environment

Several metrics and indicators suggest commercial real estate is in a ‘late stable’ stage of the market cycle for most property types in most geographies, said RCLCO, Bethesda, Md.

MBA Welcomes 12 New Members

The Mortgage Bankers Association welcomed 12 new regular members to its ranks, which currently numbers more than 2,300 member companies.

Commercial/Multifamily Briefs

The Federal Housing Finance Agency, Washington, D.C., announced Fannie Mae and Freddie Mac will conclude their single-family rental pilot programs.

CREF Highlights

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