Commercial Briefs

Fannie Mae, Washington, D.C., priced its first GeMS REMIC backed exclusively by its Green MBS collateral.

Hotel Pipeline Grows 12% Year-over-Year

The number of hotel guestrooms under contract grew 11.7 percent between July 2016 and last month, reported STR, Hendersonville, Tenn.

Forecasters: Weaker Growth Outlook, Lower Unemployment

The outlook for U.S. economic growth over the next three years looks slightly weaker than it did three months ago, the Federal Reserve Bank of Philadelphia’s Survey of Professional Forecasters reported.

CMBS Delinquency Rate Drops, Issuance Increases

The commercial mortgage-backed securities delinquency rate dropped significantly in July after climbing in June and issuance volume remained healthy, reported Trepp and Kroll Bond Rating Agency, New York.

Institutional-Quality Loan Returns Increase

Institutional-grade commercial loans returned 2.11 percent in the second quarter, up from 2.01 percent in first-quarter 2017, the Giliberto-Levy Commercial Mortgage Performance Index reported.

CRE Alternative Lending Increasing

Alternative lenders are on the rise in commercial real estate finance–and a recent upswing in alternative lending appears to be compensating for a similar decline in bank lending, reported CrediFi, New York.

CREF Highlights

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

CRE Alternative Lending Increasing

Alternative lenders are on the rise in commercial real estate finance–and a recent upswing in alternative lending appears to be compensating for a similar decline in bank lending, reported CrediFi, New York.

CRE Alternative Lending Increasing

Alternative lenders are on the rise in commercial real estate finance–and a recent upswing in alternative lending appears to be compensating for a similar decline in bank lending, reported CrediFi, New York.