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Category: News and Trends

Dealmaker: Greystone Provides $14.5M in Financing for Alabama Multifamily
Greystone, New York, has provided a $14.5 million Fannie Mae Delegated Underwriting & Servicing loan to refinance a 216-unit multifamily property in Hoover, Ala., near Birmingham.

CREF Policy Update: Federal Reserve Keeps Rates Unchanged; Rate Cut in September?
Commercial and multifamily developments and activities from MBA important to your business and our industry.

Fed Holds Rates Steady Again
The Federal Reserve again held rates steady July 31, noting that there has been “some further progress toward the Committee’s 2% inflation objective” over the past few months.

MSCI: Commercial Property Prices Rise in June
Commercial property prices broke from their pattern of declines in June after a year and a half of losses, according to MSCI, Inc., New York.

CREW Survey: Women in Commercial Real Estate Say Deals Currently More Difficult
CREW Network, Lawrence, Kan., released a survey of women in commercial real estate, finding that in the second quarter, 66% said dealmaking was more difficult. That’s up 10% from the year-ago figure.

Commercial/Multifamily Briefs, Aug. 1, 2024
Commercial/multifamily news from Dwight Capital, CBRE and SS&C Technologies Holdings.

MSCI: Commercial Property Prices Rise in June
Commercial property prices broke from their pattern of declines in June after a year and a half of losses, according to MSCI, Inc., New York.

CMF Quote of the Week: Aug. 1, 2024
“We are holding to our call for two rate cuts this year, with the first in September, as we expect that inflation will continue to moderate.”
— MBA SVP and Chief Economist Mike Fratantoni

RE/MAX: Costs Hold Back Eager Millennial, Gen Z Buyers
RE/MAX, Denver, released a new survey finding that 63% of Millennial and Gen Z respondents are ready to become homeowners, but are discouraged by the current environment.