RentCafe, Santa Barbara, Calif., released its new Renter Engagement Tracker, finding that Washington D.C., got the most engagement on its site through Q1 2025.
Category: News and Trends
Construction Spending Dips in March
Construction spending dipped during March, the U.S. Census Bureau reported Thursday.
John Lammle Joins MBA as Associate Vice President of Commercial Real Estate Finance
The Mortgage Bankers Association announced that John Lammle has joined the association as Associate Vice President of Commercial Real Estate Finance. In this role, Lammle will help lead and execute MBA’s advocacy activities and initiatives supporting its commercial and multifamily members.
CMBS Delinquency Rate Rises in April, Trepp Finds
Trepp, New York, reported its CMBS delinquency rate rose again in April, up 38 basis points to 7.03%.
Chart of the Week: Monthly Payroll Growth, Unemployment Rate and Average Hourly Earnings
The April Employment Situation report showed that the job market continues to hold up. The pace of job growth slowed in April to a 177,000 gain, down from a downwardly revised 185,000 gain in March, but above the 152,000 average gain over the past 12 months.
Recruiting Underway: President of MISMO, the Mortgage Industry’s Standards Development Organization
Are you a visionary leader passionate about driving transformative change? Do you thrive on shaping industries through innovation and collaboration?
U.S. Adds 177,000 Jobs in April; Industry Economists Weigh In
The U.S. Bureau of Labor Statistics reported that 177,000 jobs were added to total nonfarm payroll employment last month, with the unemployment rate flat at 4.2%.
CBRE: U.S. Multifamily Rebound Continues in Q1
CBRE, Dallas, found the overall multifamily vacancy rate fell to 4.8% in Q1, as renter demand continued to outpace new deliveries.
Watch: MBA’s Bob Broeksmit on the Latest on Trigger Leads; Improving HUD’s Lending Programs
MBA’s President and CEO Bob Broeksmit, CMB, provides a video message on the latest on trigger leads and HUD’s lending programs.
Dealmaker: BWE, Blueprint Healthcare Secure $18M for Pacific Northwest Memory Care Properties
BWE and Blueprint Healthcare Real Estate Advisors closed two loans totaling $17.8 million to provide financing for the acquisition of two memory care communities: a $10.4 million loan for Windsong at Southridge, a Class A, 56-unit community in Kennewick, Wash. and a $7.4 million loan for Windsong at Eola Hills, also a Class A, 56-unit community in Salem, Ore.