Small-cap commercial real estate conditions were “mixed” during the first quarter, reported Boxwood Means, Stamford, Conn.
Category: News and Trends
Property Prices Slip in May But Up Year-Over-Year
Commercial property prices declined slightly in May, but remain higher than a year ago, according to several reports.
CMBS Issuance Up, Delinquency Rate Down
Commercial mortgage-backed securities issuance increased, while delinquencies fell in May, reported Kroll Bond Rating Agency and Trepp.
Commercial/Multifamily Briefs
Stewart Title, Houston, opened a commercial services center in Tampa, Fla., the firm’s first office dedicated to providing title insurance and escrow services for commercial real estate in the state.
Bank Multifamily Investment Remains Healthy
Bank multifamily lending remains healthy, reported MPF Research, Dallas.
Hotels See Steady Rates, Inconsistent Bookings
Heading into the high-traffic summer months, hotels continue to experience stable average daily rates but decreasing bookings, reported TravelClick, New York.
Commercial Real Estate Embraces Technology–Cautiously
PHOENIX–The commercial real estate industry has been slower to adopt some cutting-edge technologies such as e-signatures and online bill-paying than the residential sector, but it is making progress, executives said at the recent MBA Commercial/Multifamily Servicing and Technology Conference.
C&W: Transaction Volumes Likely to Decelerate
U.S. commercial property sales could approach $450 billion in 2017, down from last year’s $494.1 billion, reported Cushman & Wakefield, New York.
MBA: First Quarter Commercial/Multifamily Delinquencies Remain Low
Delinquency rates for commercial and multifamily mortgage loans were flat or decreased in the first quarter, the Mortgage Bankers Association reported.
Commercial Real Estate Embraces Technology–Cautiously
PHOENIX–The commercial real estate industry has been slower to adopt some cutting-edge technologies such as e-signatures and online bill-paying than the residential sector, but it is making progress, executives said at the recent MBA Commercial/Multifamily Servicing and Technology Conference.
