The hotel development pipeline continues to grow, according to data firm Lodging Econometrics, Portsmouth, N.H.
Category: News and Trends
Jeffrey Weidell, CEO of Northmarq and MBA 2024 COMBOG Chair, Testifies Before the House Committee on Oversight & Accountability’s Health Care & Financial Services Subcommittee
Jeffrey Weidell, CEO of Northmarq and 2024 Mortgage Bankers Association (MBA) COMBOG Chair, testified April 30 at a hearing titled, “Health of the Commercial Real Estate Markets and Removing Regulatory Hurdles to Ensure Continued Strength,” before the House Committee on Oversight & Accountability’s Subcommittee on Health Care & Financial Services.
Commercial/Multifamily Briefs, May 2, 2024
Commercial and multifamily industry news from Freddie Mac and Kastle Systems.
CMF Quote of the Week: April 25, 2024
“Higher interest rates, uncertainty about property values, and questions about some properties’ fundamentals led to a steep fall-off in borrowing and lending backed by commercial real estate last year.”
–Jamie Woodwell, MBA’s Head of Commercial Real Estate Research
CREF Policy Update April 25: MBA, Coalition Responds to HUD’s RFI on Build America, Buy America
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Student Housing Pre-Leasing, Rent Growth Outpace Historical Average
Student housing pre-leasing is outpacing all previous years on record and rent growth remained strong in March, according to Yardi Matrix, Santa Barbara, Calif.
CommercialEdge: Q1 Office Sales Dip 17% From 2023
CommercialEdge, Santa Barbara, Calif., reported Q1 office sales fell to $5.4 billion, 17% below the 2023 first-quarter result.
Navigating Troubled Waters: Tips and Strategies for Addressing Distressed Assets and Underperforming Loans (Sponsored Content from Selzer Gurvitch Rabin Wertheimer & Polott, P.C.)
Alonso Cisneros, an attorney with Selzer Gurvitch Rabin Wertheimer & Polott, P.C., shares ideas that lenders and borrowers can use to navigate the loan workout process in a challenging commercial real estate market.
Hotel Construction Rises for First Time in Nine Months, CoStar Finds
The volume of U.S. hotel rooms under construction grew year-over-year for the first time since last June, according to CoStar Group, Washington, D.C.
RentCafe: Build-to-Rent Housing Continues Boom
RentCafe, Santa Barbara, Calif., reported 27,500 build-to-rent homes were completed in 2023. That’s a 75% increase from 2022.