Category: News and Trends

Offices of the Mortgage Bankers Association will close on Dec. 24 at noon ET and will remain closed until Monday, Jan. 4, 2016.

With Congress approving a $1.1 trillion omnibus appropriations bill as well as a $680 billion tax package that includes a number of MBA priorities, the spending and tax packages will punctuate a productive end to the first session of 114th Congress.

U.S. hotel occupancy should remain at record levels into 2017, predicted PKF Hospitality Research, Atlanta.

Good portfolio management, lower-risk growth strategies and more conservative financial policies lead to a continuing positive outlook for real estate investment trusts from Fitch Ratings, New York.

Property prices increased again in October, extending their streak of double-digit year-over-year gains to 33 months, reported Moody’s Investors Service and Real Capital Analytics.

Sperry Van Ness International Corp. changed its brand name to SVN. The SVN brand name and new logo will roll out globally over the next 18 months.

Though apartment construction now stands at its fastest pace in nearly 30 years, those deliveries will not meet the surging demand for rental housing, the Harvard Joint Center for Housing Studies reported.

Commercial/multifamily mortgage debt outstanding increased by $38.0 billion in the third quarter, as three of the four major investor groups increased their holdings, the Mortgage Bankers Association reported this morning.

Data center users can save up to $140 million over 10 years by choosing markets with lower tax burdens, affordable power rates and favorable weather conditions, reported CBRE Group, Los Angeles.

Single-family rental firm American Homes 4 Rent will merge with rival American Residential Properties in a deal valued at $1.5 billion, the firms announced.