Trepp, New York, reported the commercial mortgage-backed securities special servicing rate “leaped” in April, rising 80 basis points to 8.11%.
Category: News and Trends
MBA Chart of the Week: Monthly Payroll Growth, Average Hourly Earnings
This week’s Chart of the Week is based on the April jobs report, which was released two days after the FOMC meeting and showed a little less strength than expected in terms of payroll growth, wage growth, and unemployment.
Affordable Housing Insights Fireside Chat With Accenture’s Cate Dalton
The Mortgage Bankers Association’s Affordable Housing Initiatives team recently launched the Affordable Housing Insights Fireside Chat Series, an interview series with housing industry leaders.
Dealmaker: Walker & Dunlop Arranges $120M Refinancing for Nashville Multifamily
Walker & Dunlop, Bethesda, Md., arranged $120 million in financing for 1111 Church, Nashville’s newest Class A mixed-use multifamily community in the city’s Gulch neighborhood.
CBRE: Multifamily Rent Grows Slightly
CBRE, Dallas, found multifamily fundamentals are beginning to stabilize, per first-quarter data.
Commercial Property Prices Dip
The pace of decline in U.S. commercial real estate prices decelerated in March, led by improvements in the industrial sector, Real Capital Analytics reported.
DLA Piper: Measured Optimism Among Commercial Real Estate Industry Leaders
DLA Piper, London, released findings from its 2024 Global Real Estate State of the Market Survey, noting commercial real estate industry leaders are conveying measured optimism, after a few years of intense swings.
Commercial and Multifamily People in the News, May 16, 2024
Industry personnel news from Greystone and JLL.
Commercial/Multifamily Borrowing Unchanged in First Quarter of 2024
Commercial and multifamily mortgage loan originations were essentially unchanged in the first quarter of 2024 compared to a year ago, and decreased 23% from the fourth quarter of 2023, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
Optimizing Investment Returns in Single-Family Rentals Through Servicing [Sponsored Content From Planet Loan Servicing]
Uncover strategic methods to mitigate risks and elevate returns in your SFR portfolio through proactive management and specialized servicing.