U.S. lodging fundamentals remain unusually strong considering the sector recently crossed its 59th consecutive month of growth, reported Fitch Ratings, New York.
Category: News and Trends

MBA Releases 2Q Commercial/Multifamily DataBook
The Mortgage Bankers Association released its Commercial/Multifamily DataBook for the second quarter today.

M&M: CRE Can Survive a Rate Increase
Many analysts expressed surprise when the Federal Reserve decided not to raise interest rates on Sept. 17. But commercial real estate could weather a rate increase, said Marcus & Millichap’s William Hughes.

Fitch: Remember 2007
If the adage that commercial real estate follows a 10-year cycle with only a seven-year memory holds true, it would be wise to refresh some memories, said Fitch Ratings Managing Director Huxley Somerville.

Forecast Calls for Less Bullish Expansion
Commercial real estate should continue expanding at “healthy and fairly steady” levels through 2017, a survey of nearly 50 economists said yesterday.

CREF Highlights
In the Summer 2015 issue of the FDIC’s Supervisory Insights, new regulatory requirements for bank investments in securitizations, including commercial mortgage-backed securities, are examined.

CBRE: Oil’s Mixed Results on CRE
After a year oil-price volatility, the commercial real estate fallout in energy markets remains mixed by property type and location, reported CBRE Group, Los Angeles.

NGKF: Office Obsolescence and Opportunities
Roughly one-fifth of suburban U.S. office space is at least somewhat obselete, reported Newmark Grubb Knight Frank, New York.

Hotel Sector Shakes Off Wall Street Stumbles
Recent stock market gyrations will not derail the hotel sector’s strong performance, reported PKF Hospitality Research, Atlanta.

Expectations for Institutional Returns Grow
Institutional investors increased their expectations for 2015 returns over the last three months, led by income growth, a new survey reported.