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A ‘Turning Point’ In The Housing Market
NPR, Sept. 28, 2018--Stacey Vanek Smith; Cardiff GarciaEver since the end of the financial crisis, rents have been rising all across America. But a recent report from Zillow could signal a turning point in the housing recovery.
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REITs Wrestle With Rising Interest Rates
Wall Street Journal, Sept. 29, 2018--Mengqi Sun (subscription)After a strong second quarter, real-estate investment trusts slipped during the third quarter, according to FTSE.
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Commercial/Mortgage Debt Outstanding Up in Q2
National Mortgage Professional, Sept. 27, 2018--Phil HallCommercial and multifamily mortgage debt outstanding swelled by $52.3 billion in the second quarter, according to new data from the Mortgage Bankers Association. The second quarter was 1.6 above the first quarter's debt outstanding.
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Manhattan Builders’ 5-Year Plan: 33,000 New Rentals and Condos
Bloomberg, Sept. 27, 2018--Oshrat CarmielThere's a surplus of homes in Manhattan, and here come tens of thousands more.
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Exclusive Research: Maintaining Liquidity
National Real Estate Investor, Oct. 1 , 2018--Beth Mattson-TeigBorrowers have been enjoying a robust lending climate in recent years with an abundance of capital chasing too few deals. And despite caution creeping into the market along with rising interest rates, that liquidity appears firmly entrenched.
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New Yorkers Are Listing Their Homes for Both Sale and Rent
Bloomberg, Oct. 2, 2018--Oshrat CarmielThe number of homes simultaneously listed for sale and for rent in New York jumped 51 percent this year through Sept. 1 -- to 1,087 -- as owners try to get the best price at a time when both markets are weakening, according to data compiled by StreetEasy.
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MBANow CREF Corner Office Conversation with Walker & Dunlop’s Willy Walker
The Mortgage Bankers Association released a new interview with Walker & Dunlop Chairman and CEO Willy Walker, who discussed multifamily, Walker & Dunlop's business strategy and GSE reform. Walker serves on MBA's board of directors.
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Apartment Market Sees Accelerating Rent Growth, Tightening Occupancy
U.S. apartment rent growth accelerated to a 2.9 percent annual pace in the third quarter, reported RealPage, Richardson, Texas.
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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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CMBS Delinquency Rate Reduction Accelerates; Possible ‘Inflection Point’ Ahead?
The commercial mortgage-backed securities delinquency rate dropped "markedly" once again in September, reported Trepp, New York.
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MBA Mobilizes Against California Rent Control Proposal
In California, propositions--ballot initiatives that give voters tremendous influence in public policy--are a way of life (think Howard Jarvis and Proposition 13, the landmark 1978 measure that capped state property taxes). But the Mortgage Bankers Association says one such ballot initiative this November could have unintended consequences for affordable housing.
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MBA Asks Treasury, IRS to Clarify Business Income Deduction Rules
The Mortgage Bankers this week urged the Treasury Department and the Internal Revenue Service to further clarify its rules governing qualified business income deductions under Section 199A of the Internal Revenue Code.
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MBANow CREF Corner Office Conversation with Walker & Dunlop’s Willy Walker
The Mortgage Bankers Association released a new interview with Walker & Dunlop Chairman and CEO Willy Walker, who discussed multifamily, Walker & Dunlop's business strategy and GSE reform. Walker serves on MBA's board of directors.
Full Story
MBANow CREF Corner Office Conversation with Walker & Dunlop’s Willy Walker
The Mortgage Bankers Association released a new interview with Walker & Dunlop Chairman and CEO Willy Walker, who discussed multifamily, Walker & Dunlop's business strategy and GSE reform. Walker serves on MBA's board of directors.
Full Story
Commercial Real Estate’s Relative Value Slips
Commercial real estate's relative value compared to price slipped in the second quarter, reported Situs RERC, Houston.
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