CMBS Delinquency Rate Measures Diverge Slightly

Following a brief increase in March, the commercial mortgage-backed securities delinquency rate resumed its downward trajectory in April, reported Trepp, New York.

Apartment Rent Gains Heat Up With Weather

Multifamily rents continued their strong seasonal gains in April, rising $4–the highest figure since last spring–to a $1,377 national average, reported YardiMatrix, Santa Barbara, Calif.

Small-Cap CRE Demand Slows as Rents Soar

Demand for small-cap commercial real estate slowed “considerably” during the first quarter, but tepid new supply kept vacant space in check and rents soaring, reported Boxwood Means, Stamford, Conn.