The Lede
Top National News
CBRE Launches New Co-Working Business, Taking on WeWork
Wall Street Journal, Feb. 19, 2019--Peter Grant (subscription)CBRE Group and other big brokers are trying to muscle their way into the increasingly crowded but lucrative co-working business, aiming to help landlords create their own flex-space companies that cut out middlemen like WeWork Cos.
Full Story
Amazon Drops Plans to Build Headquarters in New York City
Washington Post, Feb. 14, 2019--Robert McCartney, Jonathan O'ConnellThe company issued a statement saying it did not intend to reopen its search for a second headquarters at this time, but would continue with plans to put at least 25,000 jobs in Arlington in Northern Virginia and 5,000 in Nashville. New York was scheduled to get 25,000 jobs under the original announcement in November, which split the 50,000 jobs for a second headquarters between New York and Virginia.
Full Story
MBA CREF 2019: Experts Share Expectations for Loan Originations
Connect Commercial real Estate, Feb. 16, 2019Connect Media attended MBA CREF 2019 in San Diego last week to interview EBI Consulting's Dan Spinogatti, Greystone's Ana Ramos, Hunt's Josh Messier, CapitalSource's Tom Whitesell, NorthMarq's Warren Hitchcock, Red Capital's Tracy Peters and Alliant's Charles Krawitz about their expectations for 2019 loan originations.
Full Story
New ‘Opportunity Zones’ Give Investors Big Tax Breaks
Orange County Register, Feb. 14, 2019--Jeff LazersonTaxpayers facing a capital gains tax payment can defer the tax by investing in one of more than 8,700 economically depressed "opportunity zones." Here are some of the rules.
Full Story
Multifamily Sector, Energizer Bunny Share Common Trait, Says MBA’s Woodwell
RE Business Online, Feb. 13, 2019--Matt ValleyThe multifamily sector is like the Energizer Bunny, says Jamie Woodwell, vice president of commercial and multifamily research for the Mortgage Bankers Association: "It just keeps going and going and going."
Full Story
Top U.S. Commercial Mortgage Servicers of 2018 Revealed
World Property Journal, Feb. 13, 2019--Michael GerrityAccording to the Mortgage Bankers Association's newly released its year-end ranking of commercial and multifamily mortgage servicers' volumes (as of December 31, 2018); Wells Fargo leads the national rankings, again.
Full Story
Dealmaker of the Week
People in the News
News and Trends
Commercial/Multifamily Briefs
HUD said it will "dramatically" reduce the advance notice it gives to private owners of subsidized apartment properties before their housing is inspected.
Full Story
MBA Chart of the Week: Current Unpaid Principal Balance of Non-Bank Commercial/Multifamily Loans
A decade ago, MBA began collecting information on volume of commercial and multifamily mortgages, held by non-bank lenders, maturing over the coming years. This week's chart, using data from our CREF Database, combines the results of multiple years' surveys and provides a timeline of the changing nature of the market.
Full Story
Single-Family Rental: Opportunities in ‘Horizontal Multifamily’
SAN DIEGO--By some measures more Americans live in single-family rental properties than in multifamily apartment properties and the sector is poised for further growth, analysts said here at the recent MBA CREF/Multifamily Housing Convention & Expo.
Full Story
Transitional Lending in a Transitional Economy
SAN DIEGO--Short duration bridge loans on transitional assets are increasingly attractive to lenders due to their higher yields, but these loans come with their own challenges, analysts said here at the MBA CREF/Multifamily Housing Convention & Expo.
Full Story
Single-Family Rent Prices Grew Faster in 2018
Rent prices in single-family rental properties grew faster in 2018 than in 2017, reported CoreLogic, Irvine, Calif.
Full Story
MBA Chart of the Week: Current Unpaid Principal Balance of Non-Bank Commercial/Multifamily Loans
A decade ago, MBA began collecting information on volume of commercial and multifamily mortgages, held by non-bank lenders, maturing over the coming years. This week's chart, using data from our CREF Database, combines the results of multiple years' surveys and provides a timeline of the changing nature of the market.
Full Story
Single-Family Rental: Opportunities in ‘Horizontal Multifamily’
SAN DIEGO--By some measures more Americans live in single-family rental properties than in multifamily apartment properties and the sector is poised for further growth, analysts said here at the recent MBA CREF/Multifamily Housing Convention & Expo.
Full Story
Transitional Lending in a Transitional Economy
SAN DIEGO--Short duration bridge loans on transitional assets are increasingly attractive to lenders due to their higher yields, but these loans come with their own challenges, analysts said here at the MBA CREF/Multifamily Housing Convention & Expo.
Full Story
MBA Chart of the Week: Current Unpaid Principal Balance of Non-Bank Commercial/Multifamily Loans
A decade ago, MBA began collecting information on volume of commercial and multifamily mortgages, held by non-bank lenders, maturing over the coming years. This week's chart, using data from our CREF Database, combines the results of multiple years' surveys and provides a timeline of the changing nature of the market.
Full Story
Single-Family Rental: Opportunities in ‘Horizontal Multifamily’
SAN DIEGO--By some measures more Americans live in single-family rental properties than in multifamily apartment properties and the sector is poised for further growth, analysts said here at the recent MBA CREF/Multifamily Housing Convention & Expo.
Full Story
Transitional Lending in a Transitional Economy
SAN DIEGO--Short duration bridge loans on transitional assets are increasingly attractive to lenders due to their higher yields, but these loans come with their own challenges, analysts said here at the MBA CREF/Multifamily Housing Convention & Expo.
Full Story