Category: News and Trends

Fannie Mae, Washington, D.C., priced its seventh Multifamily Delegated Underwriting and Servicing real estate mortgage investment conduit in 2018 totaling $717.8 million under its Fannie Mae Guaranteed Multifamily Structures program on July 18.

Strong new issuance volume and continued resolution activity contributed to the second consecutive month of decline in the commercial mortgage-backed securities delinquency rate last month, reported Fitch Ratings, New York.

Rents for U.S. single-family rental assets increased 2.9 percent year-over-year in April, up from 2.6 percent a year ago, reported CoreLogic, Irvine, Calif.

U.S. office markets posted “solid” performance in the second quarter with steady leasing volumes, healthy absorption and rising asking rents.

The Senate meets today to vote on key appropriations legislation for fiscal year 2019. Ahead of its session, the Mortgage Bankers Association asked approval of key provisions that support FHA and Ginnie Mae technology upgrades, as well as safeguards for multifamily loans and other funding priorities.

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

The Mortgage Bankers Association, in a letter to federal regulatory agencies, requested the agencies provide final rules stemming from their proposal to simplify certain aspects of their capital rules.

The office sector saw mixed results in the second quarter as both vacancy and effective rents increased, reported Reis, New York.

Alternative asset management firm Canyon Partners, Los Angeles, closed a real estate debt vehicle with more than $450 million in total commitments.

North American hotel owners continued to experience “significant” growth across all travel segments in the second quarter, reported TravelClick, New York.