Category: News and Trends

Hotels that convert from one brand to another generally see improved occupancy, revenue and profit, reported Cornell University, Ithaca, N.Y.

Commercial real estate operating fundamentals continue to look favorable, reported Wells Fargo Securities, Charlotte, N.C.

Multifamily rents took a break from their long upward march in October and stayed level at $1,166, consistent with patterns of the past two years, reported Yardi Matrix, Englewood, Colo.

Middle-market cities make up most of the top 10 markets where investors can affordably buy single-family rental properties, reported HomeUnion, Irvine, Calif.

Marriott International, Bethesda, Md., will purchase Starwood Hotels & Resorts Worldwide, Stamford, Conn., for $12.2 billion in a deal that should close in mid-2016, the two firms reported.

Despite low delinquencies, steady increases in bank commercial real estate lending is beginning to spark questions about whether CRE could repeat the 1980s, said Wells Fargo Securities, Charlotte, N.C.

One key demographic group for future homeownership–young women–remain on the sidelines, said the Pew Research Center.  

Looking for that “tipping point” between renting and homeownership? A new Freddie Mac survey suggests we’re not there yet. 

MBA Commercial/Multifamily NewsLink will not publish next Thursday, November 26, in observance of Thanksgiving.

Total U.S. construction starts for 2016 could rise by 6 percent to $712 billion, following an estimated 13 percent gain in 2015, said Dodge Data & Analytics, Washington, D.C.