Category: News and Trends

First quarter global investment volumes fell 14 percent year-over-year to $133 billion, reported JLL, Chicago.

Commercial real estate borrowing and lending started 2016 similarly to 2015. First-quarter commercial and multifamily mortgage loan originations overall were essentially flat compared to the same period last year and–in line with the seasonality of the market–38 percent lower than fourth-quarter 2015, MBA’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations said.

Commercial valuations increased 0.6 percent month-over-month in April, bringing them back above their year-end 2015 levels, reported Ten-X, Irvine, Calif.

After delivering a “dynamic” year in 2015, Boston’s office market slowed in early 2016, though its industrial sector continued to thrive, Transwestern reported.

Institutional-quality real estate returned 2.21 percent in the first quarter, down from 2.91 percent in the fourth quarter, the National Council of Real Estate Investment Fiduciaries said.

The Mortgage Bankers launched the first in its series of online programs this week, featuring MBA President and CEO David Stevens, CMB, discussing housing affordability issues and the upcoming elections. 

The Federal Housing Finance Agency yesterday increased 2016 multifamily lending caps for Fannie Mae and Freddie Mac from $31 billion to $35 billion, effective immediately.

The hotel sector outperformed most asset classes through the current expansion, but its first quarter performance raises concern, analysts say.

Tenant demand for office space slowed in the first quarter, dragged down primarily by continued oil sector weakness and a tech sector pullback, reported Cushman & Wakefield, New York.

Commercial mortgage-backed securities’ credit quality as measured by loan-to-value ratios improved during the first three months of this year, reported Moody’s Investors Service, New York.