The hotel pipeline–rooms in the planning and construction phases–grew nearly 20 percent year-over-year, reported STR, Hendersonville, Tenn.
Category: News and Trends

SEC Publishes Order with MBA-Supported Covered Agency Transactions Provisions
The Securities and Exchange Commission yesterday published an Order with Mortgage Bankers Association-supported provisions regarding margining requirements for covered agency transactions.

Small-Cap Rents Rise at Fastest Pace in Years
Small-cap rents surged during the first quarter as small property landlords benefited from extremely tight markets, reported Boxwood Means, Stamford, Conn.

Trepp: Stabilizing Economic Outlook Driving Office Performance
Recent economic volatility presented obstacles for office sector expansion, but steady employment and oil price growth along with heightened international market stability led to a calmer outlook in recent weeks, said Trepp, New York.

CBRE: Commercial Lending Market Resumes Momentum After Volatile Q1
Commercial lending markets, briefly derailed by credit market volatility in early 2016, got back on track by early April, reported CBRE, Los Angeles.

CIT’s Galligan: Prepare for Coming Regulations
Commercial real estate is seeing ample capital, low cap rates and high valuations at the moment, but coming regulations could change that, said CIT Real Estate Finance President Matt Galligan.

MBA Warns of Scam Involving Association Logo
The Mortgage Bankers Association yesterday warned its members of an online scam involving emails featuring the MBA logo offering money in exchange for personal information.

Briefs
Cushman & Wakefield, New York, acquired Multi Housing Advisors, Atlanta.

Fitch, Morningstar: CMBS Delinquencies Tick Up Again
The U.S. commercial mortgage-backed securities delinquency rate rose in May for the second month, reported Fitch Ratings, New York.

Fitch: U.S. Equity REITs Can Expect Better Debt Capital Access
U.S. real estate investment trusts should see improving debt capital access following a challenging start to 2016, said Fitch Ratings, New York.