The Lede
Top National News
The Outlook for Austin CRE Remains Blazing Bright
National Real Estate Investor, Sept. 30, 2019--John EganThe economic engine of Austin, Texas, appears to be firing on all cylinders and shows no signs of running out of gas.
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Treasury Plan Keeps GSE Status Quo. For Now.
GlobeSt.com, Sept. 30, 2019--Paul FiorillaThe Trump administration's recently announced plan to reform Fannie Mae and Freddie Mac allows the agencies leeway to continue multifamily lending at recent record levels at least until the end of 2020. The plan comes as somewhat of a surprise since members of the administration--particularly Federal Housing Finance Administration Director Mark Calabria--talked during the runup to the announcement about reigning in the GSEs' market share.
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NFIP Extended Into November
National Mortgage Professional, Sept. 30, 2019--Phil HallPresident Trump has signed a continuing resolution that extends the National Flood Insurance Program until Nov 21.
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Slowing Economy in 4Q Will Not Hurt CMBS Sector: Morningstar
National Mortgage News, Oct. 2, 2019--Brad Finkelstein (subscription)The commercial mortgage-backed securities sector will weather the fourth quarter's slowing but steady growth in the U.S. economy, as better loan performance counters a continued decline in volume, Morningstar said.
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There’s a Tech Revolution Happening in Commercial Real Estate
Scotsman Guide, Oct. 1, 2019--Victor WhitmanScotsman Guide interviewed MBA Vice President of Industry Technology Rick Hill about the tech revolution happening right now in commercial real estate.
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Multifamily Lending Jumps to Record High, Growth Expected Through 2020
National Mortgage News, Sept. 27, 2019--Paul Centopani (free content)Rising demand and plummeting mortgage rates pushed multifamily origination dollar volume above 2017's record to a new peak, according to the Mortgage Bankers Association.
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Dealmaker of the Week
People in the News
News and Trends
Hotel Sector Faces Inflection Point
The U.S. hotel sector reported mostly positive results in its three main performance metrics during August, but some analysts say the sector faces an inflection point as its pipeline swells.
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CRE Executives ‘Cautiously Optimistic’
Commercial real estate executives remain cautiously optimistic about the U.S. CRE market despite concerns about a possible recession and global trade conflict, DLA Piper's Global Real Estate State of the Market survey reported.
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Commercial/Multifamily Briefs
Arbor Realty Trust, Uniondale, N.Y., and Chandan Economics, New York, launched the Arbor Small Multifamily Price Index.
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Falling Rates, Increasing NOIs Boost Apartment Investment
The apartment investment environment improved significantly in the second quarter, Freddie Mac reported.
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MBA Opens Doors Foundation Kicks Off 2020 Fundraising Season with More Than $1.8 Million in Donations
The MBA Opens Doors Foundation announced it received $1.81 million in corporate and individual donations during its two-day FY 2020 fundraising campaign in late August.
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MBA, Trade Groups Offer Support for ‘YIMBY’ Bill
You've heard, of NIMBY, of course--Not In My Back Yard. Turns out, there's also YIMBY--Yes, In My Back Yard. And in this case, YIMBY is something the Mortgage Bankers Association and other industry trade groups like.
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CRE Volume Bounces Back After First Quarter Slowdown
While commercial real estate deal volume dropped in the first quarter, it bounced back in the second, according to new reports.
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