RCN Capital, South Windsor, Conn., released its latest RCN Capital/CJ Patrick Co. Investor Sentiment Index, finding 60% of real estate investors view today’s market as better or much better than it was a year ago.
Category: News and Trends
LightBox Finds Slow Improvement in CRE Activity
The commercial real estate sector is adjusting to the fact that the Federal Reserve may lower interest rates only once this year–or possibly, not at all–according to LightBox, New York.
Dealmaker: BWE Secures $47M From Mesa West to Refinance Richmond, Va., Senior Living Community
BWE, Cleveland, secured $47 million from Mesa West Capital, Los Angeles, to refinance Discovery Village at the West End in Richmond, Va.
CREF Policy Update: MBA Opposes Biden Campaign’s Nationwide Rent Control Proposal; MBA to FHFA–Expand FHLB Membership to IMBs and REITs
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Commercial and Multifamily People in the News July 25, 2024
Industry news from Berkadia, JLL and CBRE.
CMF Quote of the Week: July 18, 2024
“Although new supply is at a nearly 40-year high, that headwind will be short lived, and is typically located in areas with high demand.”
–Sara Hoffmann, Senior Director of Multifamily Research at Freddie Mac
MBA Chart of the Week: State, Local Building Performance Standards
New York City has Local Law 97. Washington D.C. has its Building Energy Performance Standards (BEPS). Seattle has its Building Emissions Performance Standards (also BEPS). Denver has its Building Performance Policy (BPP).
RealPage: Apartment Demand Remains Very Strong
RealPage, Richardson, Texas, found that year-to-date data points to 2024 shaping up to be one of the strongest years of apartment demand on record.
In Case You Missed It–A Look at the Second Annual mPact Summit and What’s Next
This spring, more than 100 mortgage industry professionals gathered in Plano, Texas, for a day of learning and networking, largely aimed at young and early-career participants.
MBA Opposes Biden Campaign’s Nationwide Rent Control Proposal
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on President Joe Biden’s campaign proposal to cap rents nationally.