CMF Quote of the Week

“Southern metros typically offer streamlined approval processes and fewer regulatory hurdles, making it easier to bring multifamily projects to market. At the same time, elevated home prices and a shortage of attainable for-sale housing are pushing more residents toward rentals.”
–Doug Ressler, senior analyst and manager of business intelligence for RentCafe parent company Yardi Matrix

MISMO Calls for Industry Professionals to Join Commercial eNotes Development Workgroup

MISMO, the real estate finance industry’s standards organization, has issued a call for industry professionals to join the Commercial eNotes Development Workgroup (DWG), an effort to develop a glossary of common terms that will be used in the generation of commercial, home equity line of credit, agriculture, and multi-family digital mortgages.  

CBRE: Employers Closer to Meeting Goals on In-Office Work

CBRE, Dallas, released its Americas Office Occupier Sentiment Survey, finding that employees and employers are closest to being on the same page about in-office work since the onset of the COVID-19 pandemic.

Data Center Vacancy Hits Historic Low, JLL Reports

The data center colocation market has reached a critical tipping point, with vacancy rates plummeting to an unprecedented 2.3% amid “relentless” demand for digital infrastructure, according to JLL, Chicago.

Cotality: Single-Family Rent Growth Stable

Cotality, Irvine, Calif., released its Single-Family Rent Index for June, finding that single-family rent prices in the month increased 2.9% from June 2024.

RentCafe: New Apartment Construction Still Strong

RentCafe, Santa Barbara, Calif., released its latest apartment construction report, forecasting that 506,353 units will be opened nationwide by the end of the year.