Category: News and Trends

Following its policy meeting yesterday, the Federal Open Market Committee announced it raised the federal funds rate a quarter-point to 1-1/4 to 1-1/2 percent. In its statement, the FOMC noted the labor department “continued to strengthen” and economic activity “has been rising at a solid rate.”

Special servicing volume and loan defaults remain low for commercial mortgage-backed securities loans disbursed after 2010.

The Federal Housing Finance Agency yesterday published Duty to Serve program market plans for Fannie Mae and Freddie Mac for the next two years.

Multifamily investing conditions grew “modestly stronger” in the third quarter, reported Freddie Mac, McLean, Va.

Multifamily investing conditions grew “modestly stronger” in the third quarter, reported Freddie Mac, McLean, Va.

Multifamily investing conditions grew “modestly stronger” in the third quarter, reported Freddie Mac, McLean, Va.

The Mortgage Bankers Association yesterday announced it has retained Spencer Stuart, a leading global executive search and leadership advisory firm, to assist with the search for the Association’s next President and CEO.

Institutional investors have increased their expectation for 2018 commercial real estate returns, the Pension Real Estate Association Consensus Forecast Survey said.

One of the key puzzle pieces in sizing the multifamily lending market is assessing the level of multifamily lending taking place for bank balance sheets in real time.

Commercial real estate investment activity fell 9.6 percent from a year ago, reported Ten-X, Irvine, Calif.