ORLANDO–The Mortgage Bankers Association and the Pepperdine University Graziadio School of Business and Management today announced creation of a six-month Executive Certificate in Commercial Real Estate, beginning this March.
Category: News and Trends
Wells Fargo Leads MBA 2015 Commercial/Multifamily Mortgage Servicing Volume Rankings
ORLANDO–The Mortgage Bankers Association released its year-end 2015 ranking of commercial and multifamily mortgage servicers’ volumes. At the top is Wells Fargo Bank NA with $501.5 billion in U.S. master and primary servicing.
MBA: Commercial/Multifamily Maturing Mortgage Volume Up 51%
ORLANDO–11 percent, or $183.3 billion out of $1.7 trillion in outstanding commercial and multifamily mortgages held by non-bank lenders and investors, will mature in 2016, a 51 percent increase from $121.0 billion that matured in 2015, the Mortgage Bankers Association reported.
Big Box Cap Rates Fall, Led by Smaller Walmart Neighborhood Markets
Cap rates in the single-tenant net lease big box sector compressed 63 basis points during 2015 to end the year at 6.08 percent, reported the Boulder Group, Northbrook, Ill.
Zillow: Rents to Flatten in 2016
Apartment rent appreciation should level off over the next 12 months, slowing to an annual rate of 1.1 percent by December, said Zillow, Seattle.
Small-Balance Originations Jump
Commercial loan originations under $5 million grew by 5 percent in third-quarter 2015 and a sizable 8.7 percent year over year, reported Boxwood Means, Stamford, Conn.
CBRE: Lack of Large Block Space Availability Hampers Some Office Markets
It might be a pleasant problem to have, but it’s a problem nonetheless.
‘Flood of Capital’ Into Multifamily
The flood of capital into multifamily real estate shows no signs of lessening–especially given large private equity funds’ recent multi-billion dollar acquisitions–reported Yardi Matrix, Englewood, Colo.
CMBS Contrasts Emerge
Falling delinquencies and slowing special servicing loan transfers year-over-year contributed to improved performance metrics for commercial mortgage-backed securities, but leverage now approaches the pre-crisis peak, analysts said.
CBRE: Commercial Real Estate Demand ‘Solid’
Commercial real estate showed healthy demand across property types during the fourth quarter, reported CBRE Group, Los Angeles.