Speaker and topic proposals for breakout sessions are now being accepted for MBA’s Commercial/Multifamily Finance Convention & Expo (CREF25), taking place Feb. 9-12, 2025 at the Manchester Grand Hyatt in San Diego.
Category: News and Trends
RentCafe: 2024 on Track to Set Apartment Construction Record
RentCafe, Santa Barbara, Calif., released a 2024 Apartment Construction Report, finding new apartment construction is poised to reach 518,108 by year-end.
Zillow: Property Managers Offering Concessions as Rental Market Cools
Zillow, Seattle, released a new report finding that a third of property managers are currently offering concessions to renters as rental price gains slow.
NAHB: Multifamily Developer Confidence Down in Q2
The National Association of Home Builders, Washington, released its Multifamily Market Survey, finding that overall, multifamily developer confidence is down in the second quarter, although opinions about occupancy remain more positive.
STR, Tourism Economics Hotel Forecast Dips
STR and Tourism Economics downgraded their hotel sector forecast for the rest of 2024.
Dealmaker: JLL Secures $50M Refinancing for Wilmington, N.C. Multifamily
JLL Capital Markets, Chicago, secured a $50 million bridge loan that refinanced Harrington Square apartments, a Class A mixed-use community in Leland, N.C. near Wilmington.
CREF Policy Update: HUD Publishes Proposed Rule on Multifamily Loan Disbursements
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Commercial and Multifamily People in the News Aug. 15, 2024
Industry personnel news from M&T Bank, Mount Street and JLL.
CMF Quote of the Week: Aug. 8, 2024
“The cost of both renting and buying a home has skyrocketed in recent years, but the affordability crunch isn’t quite as severe in the rental market.”
— Redfin Senior Economist Sheharyar Bokhari
Redfin: Renter Population Growth Beats Buyers in Q2
Redfin, Seattle, released a recent report highlighting that the number of renter households in the U.S. grew more than three times faster than the number of homeowner households in Q2.