Category: News and Trends

After a shaky start in early 2016, office market fundamentals proved steady with supply and demand moving in lock-step by the end of the first quarter, reported JLL, Chicago.

Silver Hill Funding, Coral Gables, Fla., introduced a new Multifamily Streamline Program for small-balance commercial mortgage loans from $250,000 to $1 million that does not require tax returns or 4506-T forms.

The Mortgage Bankers Association, in a letter to HUD, said current FHA loan-level certification rules fall short in providing safeguards for responsible FHA lenders and urged FHA to adopt a “meaningful” quality control program.

Median single-family rental home prices increased faster than owner-occupied home prices, reported HomeUnion, Irvine, Calif.

Single-tenant net lease cap rates for retail and industrial properties reached record lows of 6.18 percent and 7.10 percent respectively in the first quarter, reported Boulder Group, Northbrook, Ill.

Commercial real estate capital markets activity–especially transaction volume–reached a new cyclical high in the fourth quarter, reported Tex-X, Irvine, Calif.

Apartment lease renewal rates reached a 10-year high in February, even as average rents set a record, sector analysts said.

A record $443 billion in capital now targets commercial real estate globally, up 3 percent from a year ago, reported Cushman & Wakefield, New York.

The Mortgage Bankers Association released its fourth quarter Commercial/Multifamily DataBook.

NEW YORK–The Mortgage Bankers Association Opens Doors Foundation was named an Official Charity Partner of the 2016 TCS New York City Marathon.