Category: News and Trends

There are currently nearly 600,000 hotel rooms under contract to be built in the United States–up 8.8 percent compared to a year ago–reported STR, Hendersonville, Tenn.

Though autonomous vehicles are years away from popular usage, they are already changing how land-use planners and developers think about commercial real estate, said valuation and assessment firm BBG, Dallas.

Private-label commercial mortgage-backed securities issuance volume remained strong through August with $9.9 billion priced, reported Kroll Bond Rating Agency, New York.

Private-label commercial mortgage-backed securities issuance volume remained strong through August with $9.9 billion priced, reported Kroll Bond Rating Agency, New York.

The median monthly rent for single-family rental properties is rising faster than rents for apartment units, reported Zillow, Seattle.

Commercial real estate investment activity expanded in the second quarter after a “sharp” contraction early in the year, reported Ten-X, Irvine, Calif.

Arbor Realty Trust, Uniondale, N.Y., closed a $365 million commercial real estate mortgage securitization.

Traditionally, commercial/multifamily mortgage bankers originations have tracked very closely with property sales volumes, with 2016 recording $490 billion of originations and $496 billion of property sales. That relationship broke down in the first half of 2017.

Hurricane Harvey dropped more than 50 inches of rain in the Houston area, but the city has survived at least eight other severe floods and hurricanes since 1998 and it will rebound from this, too, said CBRE, Los Angeles.

Most multifamily executives believe the rental housing market will continue to grow, but many are less optimistic about the affordable housing outlook, reported Freddie Mac, McLean, Va.