Commercial and multifamily developments and activities from MBA important to your business and our industry.
Category: News and Trends

Commercial and Multifamily People in the News Oct. 24, 2024
Industry personnel news in the commercial and multifamily sector from KBRA and CBRE.

CMF Quote of the Week
“Rents remain stable nationally, but could look very different depending on where you live in the country.”
–Redfin Senior Economist Sheharyar Bokhari

MBA Honors 2024 CREF Careers Student Fellowship Winners: Slideshow
Launched in 2022, the CREF Careers Student Fellowship Program is for students interested in learning more about internships, jobs, and careers in the $4.7 trillion commercial real estate finance industry.

Redfin: Asking Rents Up 0.6% in September
Redfin, Seattle, found asking rents rose by 0.6% year-over-year in September to $1,634. On a monthly basis, they fell 0.2% from August.

Dodge Finds a Dip in Commercial Properties Entering Planning Stage
The Dodge Momentum Index–a measure of the value of nonresidential building projects going into planning–decreased 4.2% in September, and commercial properties entering the planning stage contracted 7.8%, according to the Dodge Construction Network, Bedford, Mass.

Point2: House Renters Prioritizing Space, Pets, Privacy
Point2, Saskatoon, Saskatchewan, conducted a survey of renters of single-family homes, finding that privacy and space are among the top motivators–but the comfort of their furry friends also ranks high.

RentCafe: In Shift, Detroit Tops List of Most Sought-After City for Renters
RentCafe, Santa Barbara, Calif., released its Rental Activity Report for September, finding Detroit took the top spot.

CREF Policy Update: MBA Responds to HUD Proposal on Loan Disbursements
Commercial and multifamily developments and activities from MBA important to your business and our industry.

Dealmaker: Walker & Dunlop Arranges $137M for Downtown Boston Multifamily
Walker & Dunlop, Bethesda, Md., arranged $137.2 million for LUKA on the Common, a 398-unit, 30-story apartment community in downtown Boston.