Commercial mortgage-backed securities credit quality deteriorated in the first quarter, as more than three-quarters of loans in multiple-borrower bonds were backed by interest-only mortgages, said Moody’s Investors Service, New York.
Category: News and Trends
CRE Participants Increasingly Believe Risk Outweighs Return
Commercial real estate investors increasingly believe the risk involved outweighs CRE market returns, reported Situs RERC, Houston.
MBANow: Fowler Williams, CMB
The Mortgage Bankers Association released a new MBANow video featuring Fowler Williams, CMB, President and CEO of Crescent Mortgage Co., Atlanta, on the benefits of MBA membership, the power of the CMB designation and the impact of MBA’s recent advocacy wins.
Deal Volume Suggests CRE ‘Resilience’
Commercial real estate transaction volume totaled $107 billion in the first quarter, down from late 2017 but up compared to a year ago, reported Real Capital Analytics and Ten-X.
MBANow: Fowler Williams, CMB
The Mortgage Bankers Association released a new MBANow video featuring Fowler Williams, CMB, President and CEO of Crescent Mortgage Co., Atlanta, on the benefits of MBA membership, the power of the CMB designation and the impact of MBA’s recent advocacy wins.
MBANow: Fowler Williams, CMB
The Mortgage Bankers Association released a new MBANow video featuring Fowler Williams, CMB, President and CEO of Crescent Mortgage Co., Atlanta, on the benefits of MBA membership, the power of the CMB designation and the impact of MBA’s recent advocacy wins.
Commercial/Multifamily Briefs
Calkain Cos. LLC, a commercial real estate brokerage firm focused on net leased assets, launched NetCMG, a new capital markets division designed to address the needs of larger institutional and private-market clients with transactions ranging from $15 million to $100 million.
CREF Highlights
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Restaurants, Coffee Shops Lead International Retail Expansion
Restaurants and coffee-shop chains are the most active retail category for international expansion as landlords everywhere make shopping centers more inviting by adding more experiential, “Internet-proof” uses, reported CBRE, Los Angeles.
MBA Chart of the Week: GSE Multifamily Activity
The Mortgage Bankers Association’s commercial/multifamily mortgage bankers origination index reported an 8 percent increase in the dollar volume of loans closed for Fannie Mae and Freddie Mac between Q1 2017 and Q1 2018. According to the GSEs’ 10-Qs, their multifamily business activity declined 19 percent over that period.