The Lede
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Is San Francisco the World’s Most Expensive Rental Market?
HousingWire, Mar. 15, 2019--Caroline Basile Spoiler alert: yes. Yes, it is.
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Multifamily and CRE Loan Debt Sees Largest Rise Since Housing Bubble
National Mortgage News, Mar. 14, 2019--Paul Centopani (free article)Commercial and multifamily mortgage debt outstanding grew 6.8% in 2018, benefiting from strong employment numbers and strained inventory, according to the Mortgage Bankers Association.
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U.S. Commercial, Multifamily Mortgage Debt Climbs to $3.39 Trillion in 2018
World Property Journal, Mar. 19, 2019--Michael GerrityAccording to the Mortgage Bankers Association's latest Commercial and Multifamily Mortgage Debt Outstanding quarterly report for 2018, the level of commercial and multifamily mortgage debt outstanding in the U.S. at the end of 2018 was $216 billion (6.8 percent) higher than at the end of 2017.
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News and Trends
LIBOR to SOFR Transition Questions and Answers
The Mortgage Bankers Association recently interviewed MetLife Managing Director Reena Pally about the transition away from LIBOR to a successor index for floating-rate loans.
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SFR Returns Growing But Uneven
Buying single-family houses to rent them out is more appealing to investors now than a year ago, reported ATTOM Data Solutions, Irvine, Calif.
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C&W Predicts Continued CRE Strength, Liquidity
Three themes anchor the U.S. commercial real estate investment outlook: U.S. economic performance, cycle maturity and the monetary policy outlook, said Cushman & Wakefield, New York.
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JLL to Acquire HFF in $2B Deal
Jones Lang LaSalle agreed to acquire HFF in a cash and stock transaction value at nearly $2 billion.
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Commercial/Multifamily Briefs
Collateral Analytics, Honolulu, launched a new automated valuation model to help lenders monitor commercial property values and provide access to CRE valuations.
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LIBOR to SOFR Transition Questions and Answers
The Mortgage Bankers Association recently interviewed MetLife Managing Director Reena Pally about the transition away from LIBOR to a successor index for floating-rate loans.
Full Story
JLL to Acquire HFF in $2B Deal
Jones Lang LaSalle agreed to acquire HFF in a cash and stock transaction value at nearly $2 billion.
Full Story
LIBOR to SOFR Transition Questions and Answers
The Mortgage Bankers Association recently interviewed MetLife Managing Director Reena Pally about the transition away from LIBOR to a successor index for floating-rate loans.
Full Story
JLL to Acquire HFF in $2B Deal
Jones Lang LaSalle agreed to acquire HFF in a cash and stock transaction value at nearly $2 billion.
Full Story
‘Super Commuters,’ At-Home Workers on the Rise
Defined as commuters who travel more than 90 minutes each way to work, "super commuters" have increased by nearly 32 percent since 2005, according to Apartment List. Over the same period, the number of Americans who work from home has seen an even sharper increase of 76 percent.
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Apartment Rent Growth Hits 10-Month High
Apartment rent prices grew at their fastest rate in 10 months in February after decreasing last fall for the first time in years, reported Zillow, Seattle.
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