Category: News and Trends

Back from its August recess, Congress has a lot on its plate: flood insurance; debt ceilings; Hurricane Harvey relief; and tax reform, to name a few. The Mortgage Bankers Association and nearly 60 other industry and consumer trade groups want the Senate to make sure a key component of housing policy–HUD leadership–stays on the front burner, too.

Commercial real estate asset prices grew in July, Real Capital Analytics, Green Street Advisors and CoStar said in separate reports.

Asian outbound commercial real estate investment posted significant year-on-year gains in first-half 2017, reported CBRE, Los Angeles.

Online real estate marketplace Ten-X Commercial partnered with CRE direct lender Money360 to offer financing for properties available for sale.

Average multifamily monthly rents were largely flat in August amid slowing new property completions, said YardiMatrix, Santa Barbara, Calif.

The U.S. hotel industry should see continued “modest” growth through 2018, said separate reports from STR and Fitch Ratings.

The Mortgage Bankers Association urged Senate leadership to act on key pending nominations at HUD, saying the department needs experienced leaders in place without delay.

Apartment rent growth across the country softened through first-half 2017 as quarterly deliveries get set to peak this quarter, JLL and Real Capital Analytics said.

Commercial real estate investor sentiment is cooling gradually, the Marcus & Millichap/NREI Investor Sentiment Survey found.

Cushman & Wakefield acquired 20 VIC Management Inc., a Canadian commercial real estate management firm servicing pension funds, private equity firms and high-net-worth investors.