The Trump Administration yesterday its preliminary fiscal 2018 budget, which proposes the largest cuts to HUD funding since the Reagan Administration.
Category: News and Trends
Marcus & Millichap: Medical Offices Change
Millennials are driving an emerging medical office building trend: urgent and acute care centers and walk-in clinics are replacing primary care physicians and emergency rooms, reported Marcus & Millichap, Calabasas, Calif.
MBA Chart of the Week: Housing Starts in 1-4 Unit, 5+ Unit Structures
One-to-four family housing starts increased in February to their highest rate since October 2007, staying above 800,000 units for the fifth month in a row.
MBANow: MBA VP Jamie Woodwell on 2017 CREF Forecast
The Mortgage Bankers Association released a new MBANow video on YouTube featuring MBA Vice President of Commercial Real Estate Research Jamie Woodwell, who discusses the MBA 2017 forecast for the commercial real estate/multifamily housing markets.
Commercial/Multifamily Briefs
Commercial real estate lending digital marketplace CommLoan, Scottsdale, Ariz. launched a hotline to help commercial mortgage-backed securities noteholders with loans coming due this year.
JLL: ‘Convenience’ Changing Grocery Retail
‘Convenience’ trends are changing both the way people shop for food and the way grocery stores are designed, reported JLL, Chicago.
CBRE: Manhattan Prime Office Rents Among World’s Highest
North America’s most expensive office market, midtown Manhattan, ranked sixth globally with rent exceeding $144 per square foot, reported CBRE, Los Angeles.
MBA: Wells Fargo Again Leads Annual Commercial/Multifamily Origination Volumes
The Mortgage Bankers Association this morning released its 2016 Rankings of Commercial/Multifamily Mortgage Firms’ Origination Volumes, showing that Wells Fargo topped the list again for total origination volumes.
MBA Chart of the Week: Housing Starts in 1-4 Unit, 5+ Unit Structures
One-to-four family housing starts increased in February to their highest rate since October 2007, staying above 800,000 units for the fifth month in a row.
MBA Chart of the Week: Housing Starts in 1-4 Unit, 5+ Unit Structures
One-to-four family housing starts increased in February to their highest rate since October 2007, staying above 800,000 units for the fifth month in a row.
