Brookfield Asset Management, New York, agreed to acquire real estate investment trust Rouse Properties, New York, for $18.25 per share in an all-cash transaction valued at $2.8 billion.
Category: News and Trends

Single-Family Rental Fundamentals Favorable
Single-family rental investors saw healthy income and appreciation returns last year in most markets across the country, reported HomeUnion, Irvine, Calif.

MBA, Trade Groups Urge Changes to SEC Act CRE Risk Retention Rules
The Mortgage Bankers and other industry trade groups asked the House Financial Services Committee to approve a bill that would amend the Securities Exchange Act to modify requirements for qualified commercial real estate.

KPMG: Investors Bullish But Cautious
Investors remain optimistic about U.S. commercial real estate, with 91 percent expecting fundamentals to hold steady or improve, reported KPMG, New York.

CBRE: Retailers Expanding Stores Despite E-Commerce
Retailers are expanding stores internationally this year despite growing online shopping, with a greater percentage eyeing growth in the Americas than last year, reported CBRE Group, Los Angeles.

MBA: Commercial/Multifamily Delinquencies Remain Low
Commercial and multifamily mortgage delinquency rates generally held steady or improved in the fourth quarter, the Mortgage Bankers Association said this morning.

KBRA Identifies $684M in Oil-Exposed CMBS Loans of Concern
After 18 months of falling oil prices, the downturn’s ripple effect spilled over into energy-related commercial mortgage-backed securities loans, said Kroll Bond Rating Agency, New York.

Southeast Dominates SFR Strength
Florida and Louisiana are home to the top five single-family rental markets in the country, reported RentRange, Westminster, Colo.

JLL: Flight to Quality Benefits U.S.
A “flight to quality” mentality has spurred record capital flows into U.S. commercial real estate, reported JLL, Chicago.

Office Forecasts Diverge Slightly
The office market saw both rent and occupancy gains in late 2015, but analysts diverge slightly on the sector’s outlook for the rest of this year.