The Mortgage Bankers Association released its fourth quarter Commercial/Multifamily DataBook.
Category: News and Trends

MBA Opens Doors Foundation Named Official Charity Partner of 2016 New York City Marathon
NEW YORK–The Mortgage Bankers Association Opens Doors Foundation was named an Official Charity Partner of the 2016 TCS New York City Marathon.

CRE Valuation Growth Slows in March
Commercial valuations increased 19 basis points in March–the slowest annual increase since the end of 2014–reported Ten-X, Irvine, Calif.

Moody’s: Oil Slump a Moderate CMBS Credit Negative
Falling oil prices represent a moderate credit negative for commercial mortgage-backed securities collateral and will cause performance to deteriorate in some metros, said Moody’s Investors Service, New York.

Fitch: Tech-Oriented U.S. CRE Markets Cooling, But Not Collapsing
Tech-oriented U.S. commercial real estate market fundamentals have cooled but are unlikely to collapse, said Fitch Ratings, New York.

CBRE: ‘Market Should Be Resilient’
Commercial real estate markets should fare well at least through December, withstanding global economic headwinds and recent volatility in equity markets, said CBRE Group, Los Angeles.

MBA Releases 4Q Commercial/Multifamily DataBook
The Mortgage Bankers Association released its fourth quarter 2015 Commercial/Multifamily DataBook today.

Freddie Mac: More Than Half of Renters Plan to Keep Renting
Freddie Mac, McLean, Va., commissioned an online survey of renters showing nearly three-fourths of respondents believe renting is a more affordable choice than homeownership, with more than half plan to continue renting in the next three years.

CBRE: Fed Rate Decision Could Benefit CRE
The Federal Reserve’s decision to hold benchmark interest rates between 0.25 percent and 0.5 percent should improve commercial real estate borrowing conditions, said CBRE, Los Angeles.

MBA Chart of the Week: CMBS and Corporate Spreads to Swaps
Market volatility in the broader capital markets has increased the spreads investors demand for commercial mortgage-backed securities in recent months, leading many Wall Street analysts to reduce their expectations for 2016 CMBS issuance by 25 percent and more.