The U.S. multifamily market is poised to benefit from December’s income tax changes, reported CBRE, Los Angeles.
Category: News and Trends
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.
‘Stable’ 1Q Conceals Shifting Market
The first quarter saw stable CRE operating fundamentals, cap rates and transaction volume, but shifts in market participants that drove activity, reported PwC, New York.
CREF Highlights
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
MBA Expresses Concern over HUD CNA e-Tool
The Mortgage Bankers Association on Monday shared its concerns with HUD regarding the departent’s Capital Needs Assessment e-tool implementation.
Report Cites ‘Consistent’ CRE Construction
First quarter commercial real estate completions were consistent with historical first quarter numbers and emerging quarterly trends, reported Reis, New York.
Where in the Cycle Are We?
Several factors can give commercial real estate practitioners reason for optimism, but there are reasons for concern, said Green Street Advisors, Newport Beach, Calif.
Commercial/Multifamily Template
SunTrust Banks, Atlanta, announced it sunset the Pillar Financial brand name effective April 30.
Manhattan Office Market Activity Cools
Manhattan’s office market experienced some cooling in early 2018 after several consecutive quarters of positive absorption in 2017, reported Transwestern, Houston.
Commercial/Multifamily Briefs
Waterton, Chicago, closed its latest multifamily value-add investment fund, Waterton Residential Property Venture XIII with $920 million of equity commitments, surpassing its $750 million target. The firm launched the fund in fall 2016 and held its final closing on April 18.
