Category: News and Trends

Measured economic growth with low interest rates–punctuated with bouts of pessimism and volatility–will likely continue, supporting moderate commercial real estate rent and investment sales volume growth globally, said CBRE, Los Angeles.

ORLANDO–People in the commercial real estate industry should feel good about 2015–and they can look forward to continued strong demand in 2016, said Real Capital Analytics’ Jim Costello.

ORLANDO–Business for commercial real estate lenders is good, but new capital sources and an abundance of capital entering the sector could have negative consequences, analysts say.

CBRE Group, Los Angeles, completed rebranding and integrating PKF Consulting USA, PKF Hospitality Research and PKF Consulting Inc. (Canada) into its portfolio of global real estate services.

ORLANDO–The Mortgage Bankers Association projects originations of commercial and multifamily mortgages to grow to $511 billion in 2016, an increase of 3 percent from 2015 volumes and slightly more than the previous record of $508 billion originated in 2007. 

The Federal Housing Administration yesterday published a new consolidated handbook to guide lenders on underwriting all FHA-insured multifamily housing construction and rehabilitation transactions.

ORLANDO–The Mortgage Bankers Association and the Pepperdine University Graziadio School of Business and Management today announced creation of a six-month Executive Certificate in Commercial Real Estate, beginning this March.

ORLANDO–The Mortgage Bankers Association released its year-end 2015 ranking of commercial and multifamily mortgage servicers’ volumes. At the top is Wells Fargo Bank NA with $501.5 billion in U.S. master and primary servicing.

ORLANDO–11 percent, or $183.3 billion out of $1.7 trillion in outstanding commercial and multifamily mortgages held by non-bank lenders and investors, will mature in 2016, a 51 percent increase from $121.0 billion that matured in 2015, the Mortgage Bankers Association reported.

Cap rates in the single-tenant net lease big box sector compressed 63 basis points during 2015 to end the year at 6.08 percent, reported the Boulder Group, Northbrook, Ill.