Rents for downtown core office buildings jumped 7 percent year-over-year into record territory, reported JLL, Chicago.
Category: News and Trends
CBRE, PwC: Few Executives Expect to Change Lease vs. Own Strategy Under New Standard
Few executives anticipate reducing the average term of their leases or trimming space leased because of new lease accounting standards, but many expect challenges around data collection and systems, reported CBRE Group and PwC US.
Moody’s: Older Office Buildings Require Capital Improvements As Usage Patterns Shift
Central business district office buildings are aging, and retrofitting older buildings to address workforce changes and space-usage patterns will require capital improvements, reported Moody’s Investors Services, New York.
Fitch: New U.S. CMBS Multifamily Supply Increasing Risks
Risk of Class A multifamily overbuilding is rising in some submarkets, reported Fitch Ratings, New York.
MBA Releases 1Q Commercial/Multifamily DataBook
The Mortgage Bankers Association released its first quarter 2016 Commercial/Multifamily DataBook today.
Transwestern: CRE Should Benefit from ‘Slow, Steady’ Economic Growth
The U.S. economy continues to show slow, steady progress despite fears of a global economic downturn and some domestic headwinds–and this progress should benefit commercial real estate, reported Transwestern, Houston.
Q/A With Michael Boggiano of Small-Balance Lender Silver Hill Funding
With small-balance commercial lending setting a record last year, MBA NewsLink posed questions to Silver Hill Funding national sales manager Michael Boggiano to get a lender’s perspective on this business.
Analysts: Continued Low Interest Rates Could Benefit CRE
The Federal Reserve’s decision to hold interest rates steady came as no surprise–and should benefit commercial real estate, analysts said.
STR: Hotel Pipeline Swells
The hotel pipeline–rooms in the planning and construction phases–grew nearly 20 percent year-over-year, reported STR, Hendersonville, Tenn.
SEC Publishes Order with MBA-Supported Covered Agency Transactions Provisions
The Securities and Exchange Commission yesterday published an Order with Mortgage Bankers Association-supported provisions regarding margining requirements for covered agency transactions.