The Lede
Top National News
CBRE Executive Named Next MBA Vice Chairman
National Mortgage Professional, June 5, 2017--Phil HallThe Mortgage Bankers Association reached into the commercial side of the industry for its next wave of leadership by nominating Brian Stoffers, CMB, global president of debt and structured finance with CBRE in Los Angeles, as its vice chairman for the 2018 membership year.
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Commercial and Multifamily Mortgage Delinquency Rates Mostly Down
National Mortgage Professional, June 2, 2017--Phil HallDelinquency rates for commercial and multifamily mortgage loans were saw mostly unchanged or down slightly during the first quarter, according to the Mortgage Bankers Association's Commercial/Multifamily Delinquency Report.
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CMBS Delinquency Highest Since 2015
Mortgage Daily, June 2, 2017Performance on securitized commercial real estate loans was worse in any month since 2015, said Morningstar Credit Ratings LLC.
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2017 Rising Stars: Ashley Gunn
HousingWire, June 1, 2017HousingWire magazine named Mortgage Bankers Association Associate Director Ashley Gunn a 2017 Rising Star.
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Mortgage Bankers Criticize GSE Shareholder Plan
Mortgage Daily, June 1, 2017"This proposal is clearly self-serving and designed to confuse unsuspecting, innocent taxpayers into supporting a plan that is intended to line the pockets of hedge funds who invested in Fannie and Freddie," MBA President and Chief Executive Officer David Stevens said.
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How Real Estate Investors are Navigating a “Fully Priced” Market
National Real Estate Investor, June 1, 2017--Diana Bell This year the commercial real estate sector has seen an increase in flight-to-quality strategies, a widened bid-sell gap and uncertainty related to the effects of monetary policy. It appears the industry may be coming to terms with a slowing market.
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Non-Union Construction Pushing into Commercial Real Estate
Real Estate Weekly, June 7, 2017--Christian Brazil BautistaOpen shop construction, where both union and non-union firms work different portions of a job site, has become commonplace in residential projects. Now there are signs that the model may soon migrate to the commercial sector.
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The Future of Fannie and Freddie
Commercial Observer, June 7, 2017--Guelda VoienWhen it comes to the matter of the government's role in multifamily lending, it's like having a record on repeat.
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News and Trends
CMBS Issuance Up, Delinquency Rate Down
Commercial mortgage-backed securities issuance increased, while delinquencies fell in May, reported Kroll Bond Rating Agency and Trepp.
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Commercial/Multifamily Briefs
Stewart Title, Houston, opened a commercial services center in Tampa, Fla., the firm's first office dedicated to providing title insurance and escrow services for commercial real estate in the state.
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Bank Multifamily Investment Remains Healthy
Bank multifamily lending remains healthy, reported MPF Research, Dallas.
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Hotels See Steady Rates, Inconsistent Bookings
Heading into the high-traffic summer months, hotels continue to experience stable average daily rates but decreasing bookings, reported TravelClick, New York.
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Commercial Real Estate Embraces Technology–Cautiously
PHOENIX--The commercial real estate industry has been slower to adopt some cutting-edge technologies such as e-signatures and online bill-paying than the residential sector, but it is making progress, executives said at the recent MBA Commercial/Multifamily Servicing and Technology Conference.
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C&W: Transaction Volumes Likely to Decelerate
U.S. commercial property sales could approach $450 billion in 2017, down from last year's $494.1 billion, reported Cushman & Wakefield, New York.
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MBA: First Quarter Commercial/Multifamily Delinquencies Remain Low
Delinquency rates for commercial and multifamily mortgage loans were flat or decreased in the first quarter, the Mortgage Bankers Association reported.
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Commercial Real Estate Embraces Technology–Cautiously
PHOENIX--The commercial real estate industry has been slower to adopt some cutting-edge technologies such as e-signatures and online bill-paying than the residential sector, but it is making progress, executives said at the recent MBA Commercial/Multifamily Servicing and Technology Conference.
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C&W: Transaction Volumes Likely to Decelerate
U.S. commercial property sales could approach $450 billion in 2017, down from last year's $494.1 billion, reported Cushman & Wakefield, New York.
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Commercial Real Estate Embraces Technology–Cautiously
PHOENIX--The commercial real estate industry has been slower to adopt some cutting-edge technologies such as e-signatures and online bill-paying than the residential sector, but it is making progress, executives said at the recent MBA Commercial/Multifamily Servicing and Technology Conference.
Full Story
C&W: Transaction Volumes Likely to Decelerate
U.S. commercial property sales could approach $450 billion in 2017, down from last year's $494.1 billion, reported Cushman & Wakefield, New York.
Full Story