Federal Reserve Chair Jerome Powell spoke Aug. 23 at an economic symposium sponsored by the Federal Reserve Bank of Kansas City, in Jackson Hole, Wyo. His remarks implied the likelihood of near-term rate cuts.
Category: News and Trends
CoreLogic: Single-Family Rents Continue to Grow in June
CoreLogic, Irvine, Calif., reported single-family rental prices increased 2.9% year-over-year in June, similar to gains notched the month before.
Fitch Ratings Finds Commercial Mortgage REITs Pressured by Weakening Credit Quality
Credit quality at commercial mortgage real estate investment trusts deteriorated in the first half of 2024 according to Fitch Ratings, New York.
Dealmaker: JLL Secures $234M in Construction Financing in Naples, Fla.
JLL Capital Markets, Chicago, arranged $234 million in construction financing for Rosewood Residences Naples, a 42-unit beachfront condominium development in Naples, Fla.
CREF Policy Update: FHFA Proposes GSE Multifamily Housing Goals for 2025-2027
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Commercial and Multifamily People in the News Aug. 29, 2024
Commercial and multifamily personnel news from KBRA, Affinius Capital and Walker & Dunlop.
CMF Quote of the Week: Aug. 22, 2024
“Borrowing and lending backed by commercial real estate remained subdued in the second quarter.”
–Jamie Woodwell, MBA’s Head of Commercial Real Estate Research
Commercial/Multifamily Briefs, Aug. 22, 2024
Commercial/multifamily industry news from SitusAMC and RealPage.
More Companies Shifting Office Strategies, CBRE Finds
More companies are shifting their office portfolio strategy toward expansion after focusing on contraction since the pandemic, according to a new CBRE survey.
Millennials Trying to Save for Homes, but Rent Is Too High, Survey Finds
Lombardo Homes, Shelby Township, Mich., recently released a new survey finding that while 51% of non-homeowner Millennials say they are saving for a home purchase, 77% also say rent is so high it poses a challenge.