Category: News and Trends

SAN DIEGO–Mortgage Bankers Association President and CEO David Stevens, CMB, said of all the potential changes from Capitol Hill this year, none could have a more dramatic effect than tax reform legislation.

DALLAS–Roger Staubach has had a great career. Five of them, in fact.

The Mortgage Bankers Association honored William Ross, President of NorthMarq Capital, with the 2017 Commercial Real Estate Finance Distinguished Service Award here at the Association’s 27th annual CREF/Multifamily Housing Convention & Expo.

SAN DIEGO–Mortgage Bankers Association President and CEO David Stevens, CMB, said of all the potential changes from Capitol Hill this year, none could have a more dramatic effect than tax reform legislation.

Most real estate industry leaders plan to increase their U.S. investments this year and expect continued sector growth–even beyond 2017–reported KPMG LLP, New York.

The single-family rental market should likely remain healthy this year, though increased competition from new apartment deliveries could slow its improvement, said HomeUnion, Irvine, Calif.

Multifamily rent increases will likely slow down and oversupply may negatively impact some locales, but most metros will continue to enjoy positive fundamentals, said Yardi Matrix, Santa Barbara, Calif.

The commercial mortgage-backed securities delinquency rate could rise in 2017 due to a “sharp” increase in newly delinquent CMBS loans–many of which will default at or near maturity–said Morningstar Credit Ratings, Chicago.

NIMBY: Not In My Back Yard. Long the rallying cry of people opposed to landfills, Wal-Marts and other “undesirable” projects, it’s now become a rallying cry of both homeowners and renters for a new proposal–housing.

Domestic investors will likely become more influential players in the U.S. lodging market as offshore capital from countries such as mainland China starts to slow, said JLL, Chicago.