Trepp: May CMBS Delinquency Rate Slips

In a departure from a trend seen for well over a year, the commercial mortgage-backed securities delinquency rate dipped in May, reported Trepp, New York.

LifeCo Commercial Mortgage Returns Up in First Quarter

Returns on life company commercial mortgage investments rebounded in the first quarter to generate a 1.60 percent total return, the LifeComps Commercial Mortgage Index, Boston, reported.

Commercial/Multifamily Briefs

Freddie Mac, McLean, Va., launched a new series of credit risk transfer securities backed by Tax-Exempt Loans made by state or local housing agencies and secured by affordable rental housing.

Investor Appetite for Seniors Housing Grows

Investor appetite for seniors housing continues to grow and most investors who specialize in the sector plan to increase their portfolios, reported CBRE, Los Angeles.

MBANow: Thomas Kim on Multifamily GSE Reform

The Mortgage Bankers Association released a new MBANow video featuring MBA Senior Vice President of Commercial/Multifamily Thomas Kim, who discusses how proposed reforms to Fannie Mae and Freddie Mac would impact the multifamily industry.  

Mixed Conditions in Small-Cap CRE

Small-cap commercial real estate conditions were “mixed” during the first quarter, reported Boxwood Means, Stamford, Conn.