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Maureen Waters Talks Ten-X Expansion, Mentoring Women in Commercial Real Estate
New York Business Journal, Sept. 19, 2019--Anthony Noto (subscription) Ten-X Commercial President Maureen Waters discusses current real estate trends, the lessons she has learned along the way and why diversity and inclusion are integral to success. The tech platform oversees online commercial real estate deals in the U.S. and has offices in New York, Silicon Valley, Austin, Miami and Irvine, Calif.
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Landlords Often Oppose Short-Term Rentals, These Developers Court Them
Wall Street Journal, Sept. 24, 2019--Konrad Putzier, Will Parker (subscription)Property owners have long worried that short-term rentals bring noise, crime and regulatory risks to their buildings. But some real-estate firms are starting to embrace the presence of itinerant guests.
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Expert: Growing Multifamily Sector Could Demand New Debt Sources
HousingWire, Sept. 20, 2019--Kelsey RamírezAs multifamily continues to grow, Freddie Mac Executive Vice President Deborah Jenkins said new debt sources could soon be required to match the demand.
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Commercial Delinquencies Should Remain Low Despite Economic Worry: MBA
National Mortgage News, Sept. 24, 2019--Brad Finkelstein (subscription)Commercial and multifamily mortgage delinquency rates should stay at historically low levels in the near future even as economic uncertainty over trade affects U.S. businesses, according to the Mortgage Bankers Association.
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Future Housing Trends Toward ‘Hipsturbia’
Commercial Property Executive, Sept. 25, 2019--Paul FiorillaWill Millennials remain in cities that cater to their lifestyle preferences, or will they settle down and move to the suburbs? ULI's answer is "yes."
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News and Trends
CREF Highlights
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
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Commercial/Multifamily Briefs
Greystone, New York, closed a $600 million commercial real estate collateralized loan obligation backed exclusively by bridge loans on primarily multifamily properties.
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Advancing Women in Commercial Real Estate
All businesses benefit by having more women in senior leadership roles, yet women remain underrepresented in commercial real estate leadership, reported Commercial Real Estate Women, Lawrence, Kan.
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MISMO Seeks Participants to Standardize Commercial Utility Information
As commercial and multifamily properties deploy more energy- and water-efficient features and lenders seek utility data, MISMO®, the mortgage industry standards organization, seeks participants to help create a Commercial Historical Utility Dataset.
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Single-Family Rent Growth Slips
CoreLogic, Irvine, Calif., said rent prices in single-family rental properties increased 2.9 percent year-over-year in July, down slightly year over year.
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BofA Survey: Americans Prefer Mortgage over Rent
Most Americans prefer a mortgage payment to paying rent monthly, said Bank of America, Charlotte, N.C., in its yearly Homebuyer Insights Report.
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Multifamily Market Sees Rent, Occupancy Growth
The multifamily market's healthy growth continues, shown by continued not-too-fast, not-too-slow rent and occupancy growth.
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MBA: 2Q Commercial/Multifamily Mortgage Delinquencies Remain Low
Commercial and multifamily mortgage delinquencies remained low in the second quarter, according to the Mortgage Bankers Association's 2Q Commercial/Multifamily Delinquency Report.
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CMBS Special Servicing Rate Declines
Trepp, New York, reported the volume of commercial mortgage-backed securities loans and assets in special servicing declined again in August, falling three basis points to 3.22 percent.
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Emerging Trends in Real Estate: Investors Still Favor U.S. CRE
U.S. commercial real estate remains a favored asset class even as economic uncertainty looms, said the Urban Land Institute and PwC.
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