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Top National News
Tax Reform’s Underrated Commercial Real Estate Impact Amid Residential Frenzy
Daily Business Review, July 9, 2018--Jaime Sturgis Following the approval of the federal tax reform bill, much of the discussion has centered on the legislation's disproportionately negative impact on tax-heavy states and the anticipated influx of residents from those states relocating to tax-free states like Florida.
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More White Knuckles for Lenders as Flood Insurance Deadline Approaches
National Mortgage News, July 9, 2018--Hannah Long (subscription)Congress has until July 31 to renew the program or risk a lapse in coverage, which would create a new round of headaches for lenders and real estate agents. Home sales in high-risk flood areas could stall, and policyholders would be unable to renew their insurance in the middle of hurricane season.
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How a Tiny Bank From the Ozarks Got Big and Outpaced Wall Street’s Real Estate Machine
Bloomberg, July 10, 2018--Peter RobisonAn Arkansas bank has become one of America's top construction lenders. Does it know something the giants don't?
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Rising Interest Rates Will Impact Transaction Volumes
GlobeSt.com, July 10, 2018--Kelsi Maree BorlandInterest rates are anticipated to rise several more times this year, which has left the many wondering how the increases will affect investment activity.
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Apartment Renters Now Expect Sustainable Design Features in Their Units
National Real Estate Investor, July 10, 2018--Bendix Anderson Apartment renters have come to expect green building features like good indoor air quality and energy efficiency, making them more of a requirement in many markets.
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Rent Just Jumped to All-Time High
HousingWire, July 9, 2018--Ben LaneNewly released data from RentCafé and Yardi Matrix shows that nationwide rents just hit a record high in June, crossing the $1,400 threshold for the first time ever.
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CREF Highlights
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
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MBA Names Holly Cannon VP for Human Resources
The Mortgage Bankers Association named Holly Cannon as Vice President for Human Resources. She assumed duties on July 2.
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Urban Neighborhoods Matching Suburban Growth
A new Urban Land Institute study finds the population of urban neighborhoods in many metropolitan areas is growing as quickly or nearly as quickly as that of suburban neighborhoods, reflecting ongoing consumer demand--particularly among younger households-for "highly walkable" living environments convenient to jobs, transit and urban amenities.
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Foreign Investment in U.S. Commercial Real Estate Remains Strong
Nearly one-fifth of commercial real estate realtors closed a sale with an international client in 2017, the National Association of Realtors reported.
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CRE Transparency Improves Globally; U.S. ‘Most Transparent’
JLL, Chicago, said governments worldwide have been gradually forging greater transparency in real estate markets, addressing growing demands from investors and the public to deliver significant change.
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Single-Tenant Net Lease Cap Rates Diverge
Single-tenant net lease property cap rate changes varied significantly by sector in the second quarter, new reports said.
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Commercial/Multifamily Briefs
The Dodge Momentum Index, a leading indicator of construction spending, grew 0.8 percent in June to 165.5 (Year 2000=100) from May's revised 164.2 reading.
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MBANow: Mark Fisher of StanCorp Mortgage on Commercial Real Estate Ecosystem
The Mortgage Bankers Association released a new MBANow video featuring Mark Fisher, Vice President and Managing Director at StanCorp Mortgage Investors, who discusses the commercial real estate finance ecosystem and MBA engagement/advocacy.
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MBA Names Holly Cannon VP for Human Resources
The Mortgage Bankers Association named Holly Cannon as Vice President for Human Resources. She assumed duties on July 2.
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MBANow: Mark Fisher of StanCorp Mortgage on Commercial Real Estate Ecosystem
The Mortgage Bankers Association released a new MBANow video featuring Mark Fisher, Vice President and Managing Director at StanCorp Mortgage Investors, who discusses the commercial real estate finance ecosystem and MBA engagement/advocacy.
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MBA Names Holly Cannon VP for Human Resources
The Mortgage Bankers Association named Holly Cannon as Vice President for Human Resources. She assumed duties on July 2.
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MBANow: Mark Fisher of StanCorp Mortgage on Commercial Real Estate Ecosystem
The Mortgage Bankers Association released a new MBANow video featuring Mark Fisher, Vice President and Managing Director at StanCorp Mortgage Investors, who discusses the commercial real estate finance ecosystem and MBA engagement/advocacy.
Full Story
MBA 1Q Commercial/Multifamily DataBook Reports Vacancy Rates, Asking Rents Up Slightly
Commercial property vacancy rates ticked up slightly from last year's first quarter, but so did asking rents, the Mortgage Bankers Association First-Quarter 2018 Commercial/Multifamily DataBook reported.
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