Category: News and Trends

You know that whole “household formation” demographic that’s supposed to revitalize the housing market? It just might have to wait a little longer.

The U.S. hotel industry could experience record-breaking room demand but low room rate growth this summer, reported STR, Hendersonville, Tenn.

Levels of commercial and multifamily mortgage debt have been growing more slowly than property prices in recent years, realigning debt and equity since prices fell during and after the Great Recession.

The commercial mortgage-backed securities delinquency rate inched up again in May, but the bigger problem lies elsewhere, said Brian Olasov, Executive Director with Carlton Fields, New York.

Property appreciation has slowed after prices posted near-double-digit gains in each of the past few years, reported Green Street Advisors, Newport Beach, Calif.

Walker & Dunlop, Bethesda, Md., agreed to purchase commercial mortgage servicing rights associated with a $3.8 billion servicing portfolio from Oppenheimer Multifamily Housing and Healthcare Finance, North Wales, Pa.

Though market volatility and growth concerns increased uncertainty early this year, commercial mortgage real estate investment trusts still benefited from strong CRE fundamentals, said Keefe Bruyette and Wooods, New York.

DALLAS–Commercial real estate remains healthy despite an uncertain economy, Mortgage Bankers Association Vice President of Commercial Real Estate Research Jamie Woodwell said here at the MBA Commercial/Multifamily Servicing and Technology Conference.

U.S. industrial real estate started 2016 ahead of expectations, as “robust” first-quarter demand lowered availability by 20 basis points to 9.2 percent, reported CBRE, Los Angeles.

The Mortgage Bankers Association welcomed 19 new regular members.