JLL: Industrial, Retail Momentum Drives REITs

This year offers “mixed blessings” for U.S. hotels, with near-record occupancy levels projected but average daily room rates that will likely continue to level off, predicted CBRE Hotels, Atlanta.

Fitch: Watch Property Performance in a Peaking Market

Although Commercial Mortgage-Backed Securities 2.0 property cash flows remain strong, participants should watch property performance in a peaking market, noted Fitch Ratings, New York.

Commercial Briefs

Extensia Financial, Northridge, Calif., a credit union service organization dedicated to commercial real estate lending and advisory services, launched a CRE lending consulting service program to help credit unions develop and maintain their commercial lending programs.

MBA Office Closures Next Week

Offices of the Mortgage Bankers Association will close on Dec. 23 will remain closed until Tuesday, Jan. 3, 2017.

Hotel Pipeline Grows as Sector Slows

The hotel pipeline grew more than 20 percent year-over-year–and the sector is sensitive to shocks, which the upcoming supply wave could magnify, analysts said.