The Lede
Top National News
This Key Construction Indicator Just Tanked
CNBC, Sept. 18, 2019--Diana OlickDemand for commercial real estate design services plummeted into negative territory in August, after already soft scores in July.
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Life Insurance Companies to Fuel Multifamily Surge in 2020
HousingWire, Sept. 17, 2019--Kelsey RamírezLife insurance companies are set to create a surge in multifamily lending in 2020, according to a new study from the Mortgage Bankers Association.
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Average U.S. Rent Climbs to $1,472 in August
HousingWire, Aug. 16, 2019--Alcynna LloydAmerica's rental prices continued to grow in August, as RentCafé indicates the nation's average rent increased $47 from the previous year.
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Opportunity Zones Catch the Eye of CRE Investors
Commercial Observer, Sept. 16, 2019Meridian Capital reported 11 percent of CRE owners surveyed said they have used opportunity zone tax incentives as part of their financing stack during the last two years.
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Autonomous Cars on a Crash Course with the Real Estate Industry
RE Journals, Sept. 13, 2019--Michael ZaranskyMoving to a future where people don't own cars may be hard to imagine, but many experts believe a transportation revolution is coming and real estate may be the industry most affected by these advances.
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Dealmaker of the Week
People in the News
News and Trends
CREF Corner Office Conversation with CIT’s Matt Galligan
The Mortgage Bankers Association released an interview with CIT Vice Chairman of Real Estate Finance Matt Galligan, who shared his perspective on commercial real estate trends.
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Overseas Investors Turn Net Sellers of U.S. Real Estate
Real Capital Analytics, New York, reported overseas investors became net sellers of U.S. commercial real estate in first-half 2019 for the first time since 2012.
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Institutional Investors Downgrade 2019 Return Expectations
Institutional investors are decreasing their expectation for 2019 commercial real estate returns, the Pension Real Estate Association's Consensus Forecast Survey reported.
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CREF Corner Office Conversation with CIT’s Matt Galligan
The Mortgage Bankers Association released an interview with CIT Vice Chairman of Real Estate Finance Matt Galligan, who shared his perspective on commercial real estate trends.
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MBA, Others Urge Terrorism Risk Insurance Act Reauthorization
The Mortgage Bankers Association and more than 100 other organizations representing various business interests urged Congress to reauthorize the Terrorism Risk Insurance Act, which is set to expire at year-end 2020.
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Commercial/Multifamily Briefs
Blackstone, New York, closed its latest global real estate fund, Blackstone Real Estate Partners IX, at $20.5 billion of total capital commitments, making it the largest current real estate fund.
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MBA Chart of the Week: Commercial/Multifamily Originations Forecast
The Mortgage Bankers Association forecasts commercial and multifamily mortgage bankers will close a record $652 billion of loans backed by income-producing properties this year, 14 percent higher than last year's record volume ($574 billion).
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FHFA Increases Fannie Mae, Freddie Mac Multifamily Caps
The Federal Housing Finance Agency on Friday revised its cap structure on Fannie Mae and Freddie Mac's multifamily businesses.
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MBA Chart of the Week: Commercial/Multifamily Originations Forecast
The Mortgage Bankers Association forecasts commercial and multifamily mortgage bankers will close a record $652 billion of loans backed by income-producing properties this year, 14 percent higher than last year's record volume ($574 billion).
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MBA Joins Trade Groups in Push for Affordable Housing Near Transit
With affordability playing an increasing role in the future of housing, the Mortgage Bankers Association joined more than a dozen industry and consumer trade groups this week in a letter to members of Congress in support of legislation that would promote federal investment in public transportation projects.
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Mortgage X Podcast Features MBA COO Marcia Davies
The current episode of Mortgage X, a podcast featuring mortgage veterans and national speakers Christine Beckwith and Jason Frazier, features Mortgage Bankers Association COO Marcia Davies.
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