Multifamily rents posted a solid increase in February as the average national rate rose $7 to a record $1,175, reported Yardi Matrix, Englewood, Colo.
Category: News and Trends
CBRE: Some Markets Deteriorate as Hotel Sector Prospers
The U.S. lodging industry could achieve record occupancy level this year, but an increasing number of local markets reflect growing competition, said CBRE Hotels, Atlanta.
CRE Pricing Measures Diverge
Commercial property price indexes diverged in early 2016 as Moody’s and Real Capital Analytics observed price declines while Green Street Advisors and CoStar saw slight price increases.
Trepp: REITs May Reach Plateau
Real estate investment trusts ended February with relatively flat performance following some ups and downs, reported Trepp, New York.
CBRE: Talent Beats Cost in Office-Location Decisions
More than half the corporate executives surveyed favor talent availability over real estate cost as their top strategic consideration when making real estate location decisions, reported CBRE Group, Los Angeles.
Ten-X: Property Values Decline for First Time Since 2010
Commercial valuations decreased 26 basis points in February, led by office price drops, said Ten-X, Irvine, Calif.
Changing Perceptions of the ‘American Dream’
Homeownership: the American Dream. A vision created in the post-World War II boom, when returning military from the “Greatest Generation” began populating Levittowns and suburbs all over the country.
Federal Reserve: CRE Activity Improves Slightly
Commercial and multifamily real estate activity generally improved since early January, the Federal Reserve reported yesterday in its Beige Book.
MBA Hires Lynch as Vice President of Strategic Member Relations
The Mortgage Bankers Association appointed Lionel Lynch as Vice President of Strategic Member Relations.
Briefs: DebtX, Red Mortgage Capital
DebtX, Boston, launched a new credit-rating system for commercial real estate whole loans to enable financial institutions to make better risk and pricing decisions.
