Category: News and Trends

U.S. commercial property sales could approach $450 billion in 2017, down from last year’s $494.1 billion, reported Cushman & Wakefield, New York.

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.

U.S. commercial property sales could approach $450 billion in 2017, down from last year’s $494.1 billion, reported Cushman & Wakefield, New York.

PHOENIX–Loan servicing represents a great marketing opportunity for the commercial/multifamily sector, said MBA Chairman Rodrigo Lopez, CMB.

Amid bleak news about the future of shopping malls-Fitch Ratings, New York, is the latest ratings agency to cite malls’ ongoing struggles-retailers are stressing what they do best to stay relevant.

PHOENIX–Fannie Mae and Freddie Mac financed record amounts of multifamily real estate last year and look to do even more, company executives said here at the MBA Commercial/Multifamily Servicing and Technology Conference.

PHOENIX–Five mortgage servicers earned Certified Commercial Mortgage Servicer designations here at the Mortgage Bankers Association Commercial/Multifamily Servicing and Technology Conference.

The Mortgage Bankers Association welcomed 15 new regular members to its ranks, which currently numbers more than 2,200 member companies.

Growing e-commerce and emphasis on delivery speed and pick-up services for retail goods will likely lead to a “convergence” between industrial and retail real estate, said Fitch Ratings, New York.

Delinquency rates for commercial and multifamily mortgage loans were flat or decreased in the first quarter, the Mortgage Bankers Association reported this morning.