Low rental home inventory relative to demand fueled the growth of single-family rental rates in the first half, reported CoreLogic, Irvine, Calif.
Category: News and Trends
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.
MBA Chart of the Week: Commercial/Multifamily Mortgage Banker Originations, By Property Type
Commercial and multifamily mortgage borrowing and lending have started 2018 at the second fastest pace on record, with first-half 2018 originations lower only than those of the first half of 2007. This week’s chart shows origination growth for the four main categories of loans from 2009 to 2018 (year to date).
MBA Chart of the Week: Commercial/Multifamily Mortgage Banker Originations, By Property Type
Commercial and multifamily mortgage borrowing and lending have started 2018 at the second fastest pace on record, with first-half 2018 originations lower only than those of the first half of 2007. This week’s chart shows origination growth for the four main categories of loans from 2009 to 2018 (year to date).
‘Sustained’ Confidence Among Multifamily Brokers, Mortgage Bankers
The rest of 2018 should see strong multifamily real estate activity, Berkadia’s Mid-Year Powerhouse Poll said.
‘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.
