For Millennials, Reasons to Buy…and to Rent

Most homeowners recognize a huge advantage to purchasing a home: the “Breakeven Horizon” in which they break even on a home purchase.

Moody’s: CMBS Metrics Mostly Steady

The outlook for properties that support most commercial mortgage-backed securities mostly held steady in third-quarter 2015, reported Moody’s Investors Service, New York.

Small-Cap CRE Ends 2015 on High Note; Future Questions Arise

Bolstered by stable economic growth, net absorption of sub-$5 million industrial, office and retail properties exceeded 150 million square feet during 2015, reported Boxwood Means, Stamford, Conn.

C&W: A Correction, Not a Recession

Despite January’s stock market jitters, the macro economy and U.S. commercial real estate should see positive economic results this year, said Cushman & Wakefield, New York.

CBRE: Moderate CRE Growth in 2016

Measured economic growth with low interest rates–punctuated with bouts of pessimism and volatility–will likely continue, supporting moderate commercial real estate rent and investment sales volume growth globally, said CBRE, Los Angeles.

CRE Outlook: Continued Strong Demand

ORLANDO–People in the commercial real estate industry should feel good about 2015–and they can look forward to continued strong demand in 2016, said Real Capital Analytics’ Jim Costello.

Commercial/Multifamily Briefs

CBRE Group, Los Angeles, completed rebranding and integrating PKF Consulting USA, PKF Hospitality Research and PKF Consulting Inc. (Canada) into its portfolio of global real estate services.

MBA Forecast: 2016 Commercial/Multifamily Originations to Hit Record

ORLANDO–The Mortgage Bankers Association projects originations of commercial and multifamily mortgages to grow to $511 billion in 2016, an increase of 3 percent from 2015 volumes and slightly more than the previous record of $508 billion originated in 2007. 

FHA Issues New Multifamily Handbook

The Federal Housing Administration yesterday published a new consolidated handbook to guide lenders on underwriting all FHA-insured multifamily housing construction and rehabilitation transactions.