Commercial valuations decreased 26 basis points in February, led by office price drops, said Ten-X, Irvine, Calif.
Category: News and Trends
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.
MBA Research Examines Issues Shaping Lending
New Mortgage Bankers Association research examines key commercial and multifamily mortgage financing sources and the issues that will shape lending.
MBA Outlines Principles for Restoring Balance in Housing System
WASHINGTON–For all the debate about the future of Fannie Mae and Freddie Mac, one aspect appears to be a consensus view: the current system cannot sustain itself.
New York Sets Dollar Volume, Price Records
New York City set another record last year with aggregate sales totaling $74.5 billion, exceeding 2007’s $62 billion prior peak, reported Cushman & Wakefield, New York.
Briefs: Brookfield-Rouse; MetLife-MassMutual
Brookfield Asset Management, New York, agreed to acquire real estate investment trust Rouse Properties, New York, for $18.25 per share in an all-cash transaction valued at $2.8 billion.
Single-Family Rental Fundamentals Favorable
Single-family rental investors saw healthy income and appreciation returns last year in most markets across the country, reported HomeUnion, Irvine, Calif.
