Cushman & Wakefield, New York, acquired Multi Housing Advisors, Atlanta.
Category: News and Trends
Fitch, Morningstar: CMBS Delinquencies Tick Up Again
The U.S. commercial mortgage-backed securities delinquency rate rose in May for the second month, reported Fitch Ratings, New York.
Fitch: U.S. Equity REITs Can Expect Better Debt Capital Access
U.S. real estate investment trusts should see improving debt capital access following a challenging start to 2016, said Fitch Ratings, New York.
Report: Young Adults Continue to Lag Household Formation
You know that whole “household formation” demographic that’s supposed to revitalize the housing market? It just might have to wait a little longer.
Hotel Summer Forecast: Record Demand, Low Room Rate Growth
The U.S. hotel industry could experience record-breaking room demand but low room rate growth this summer, reported STR, Hendersonville, Tenn.
MBA Chart of the Week: Change in Outstanding Balance of Commercial, Multifamily Mortgages
Levels of commercial and multifamily mortgage debt have been growing more slowly than property prices in recent years, realigning debt and equity since prices fell during and after the Great Recession.
CMBS Delinquency Rate Increases as Risk Retention Approaches
The commercial mortgage-backed securities delinquency rate inched up again in May, but the bigger problem lies elsewhere, said Brian Olasov, Executive Director with Carlton Fields, New York.
Commercial Property Price Appreciation Slows
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.
Commercial Briefs: Walker & Dunlop, JLL
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.
KBW: Commercial Mortgage REITs Benefit from Strong Fundamentals
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.
