Category: News and Trends

Commercial and multifamily developments and activities relevant to your business and our industry.

Pillar Financial, New York, received approval as a Fannie Mae Seniors Housing Lender through the GSE’s Delegated Underwriting and Servicing program.

U.S. commercial real estate in first-half 2017 lagged slightly compared to one year ago, reported Avison Young, Toronto.

Single-tenant net lease sector cap rates decreased for the first time across all asset classes in the third quarter, reported Boulder Group, Northbrook, Ill.

U.S. apartment rents saw flat rent growth in September but moderate third-quarter growth, said RealPage, Richardson, Texas, and Yardi Matrix, Santa Barbara, Calif.

The hotel sector continues to display stability, “but with a dose of caution regarding future growth,” said US Realty Consultants, Columbus, Ohio.

The commercial mortgage-backed securities delinquency rate fell again in September–the third straight month–reported Trepp LLC, New York.

Trulia, San Francisco, notes it’s a better deal to buy than rent in America’s largest housing markets–and for much of that time it hasn’t been close. But does the equation change for renters who share their rent with a roommate? The answer: it depends a lot on where you live.

Vacant office space declined by 10 basis points during the third quarter to 12.9 percent, reported CBRE, Los Angeles.

Total commercial/multifamily mortgage debt outstanding rose to $3.06 trillion at the end of the second quarter, an increase of $48.7 billion, or 1.6%, from the first quarter, the Mortgage Bankers Association reported this week.