Category: News and Trends

Property appreciation has slowed after prices posted near-double-digit gains in each of the past few years, reported Green Street Advisors, Newport Beach, Calif.

Walker & Dunlop, Bethesda, Md., agreed to purchase commercial mortgage servicing rights associated with a $3.8 billion servicing portfolio from Oppenheimer Multifamily Housing and Healthcare Finance, North Wales, Pa.

Though market volatility and growth concerns increased uncertainty early this year, commercial mortgage real estate investment trusts still benefited from strong CRE fundamentals, said Keefe Bruyette and Wooods, New York.

DALLAS–Commercial real estate remains healthy despite an uncertain economy, Mortgage Bankers Association Vice President of Commercial Real Estate Research Jamie Woodwell said here at the MBA Commercial/Multifamily Servicing and Technology Conference.

U.S. industrial real estate started 2016 ahead of expectations, as “robust” first-quarter demand lowered availability by 20 basis points to 9.2 percent, reported CBRE, Los Angeles.

The Mortgage Bankers Association welcomed 19 new regular members.

Real estate activity generally expanded in April and May, the Federal Reserve reported yesterday in its Beige Book.

The Research Institute for Housing America, MBA’s think tank, recently released a new study, Diverted Homeowners, the Rental Crisis and Foregone Household Formation by Myers, Painter, Lee and Park.

Single-family rental investor loans where the property income exceeds 1.2 times the debt service generally experience better-than-average default rates, reported Morningstar Credit Ratings, New York.

Most New York City commercial real estate executives–62 percent–believe the city’s property values have peaked, up from 48 percent three months ago, reported Marks Paneth LLP, New York.