Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Category: News and Trends
MBA: 2017 CMF Mortgage Debt Rose by $200 Billion
Commercial/multifamily mortgage debt outstanding at the end of 2017 rose by 6.7 percent to $3.18 trillion, $200.3 billion higher than a year ago, the Mortgage Bankers Association reported.
Economic Outlook Benefiting Hotels
With the outlook for job creation and overall economic growth rising, demand drivers supporting hotels remain positive, reported Marcus & Millichap, Calabasas, Calif.
U.S. Has 7.2 Million Affordable/Available Rental Homes Gap
No state has an adequate supply of housing for the lowest-income renters, The National Low-Income Housing Coalition reported.
Small Balance Lending Volume Sets Record in 2017
Small balance multifamily lending reached $49.8 billion during 2017, reported Chandan Economics and Arbor Realty Trust.
Smaller Investors Powering Single-Family Rental Market
Despite declining returns in many areas, the single-family rental market continues to grow due to more activity by smaller and middle-tier investors, reported ATTOM Data Solutions, Irvine, Calif.
‘Go Big’ Grocery Retailing Era Ending
Grocery retailing’s “go big or go home” era is ending as top chains pursue new strategies to cope with market disruptions, said Elkhorn Real Estate Partners, Oakbrook, Ill.
Commercial/Multifamily Briefs
Green Street Advisors, Newport Beach, Calif., launched Atlas, an enhancement to its Real Estate Analytics product suite.
Marcus & Millichap: Industrial Sector ‘Invigorated’
Several factors have “invigorated” the industrial sector’s outlook to a level not seen in years, said Marcus & Millichap, Calabasas, Calif.
Worldwide CRE Investment Reaches New High
Global commercial real estate investment reached a new high–$1.62 trillion–in 2017, Cushman & Wakefield reported from the MIPIM international real estate conference in Cannes, France.
