Delinquency rates for mortgages backed by commercial and multifamily properties declined in October, the Mortgage Bankers Association’s latest monthly CREF Loan Performance Survey reported.

Commercial and multifamily mortgage loan originations were 47 percent lower in the third quarter compared to a year ago, and increased 12 percent from the second quarter of 2020, the Mortgage Bankers Association reported.

This year’s industry developments continue to be dominated by the pandemic as well as associated social, political and economic impacts. Given this backdrop and the continued role of the GSEs in financing multifamily throughout market ups and downs, MBA NewsLink sat down with Fannie Mae’s Kim Betancourt to discuss trends and what to watch as the multifamily market evolves.

Real Capital Analytics, New York, reported commercial real estate price growth increased at a 1.4 percent annualized pace in September as gains in apartment and industrial sector prices offset declines in retail and office price.

Walker & Dunlop, Bethesda, Md., arranged $107.2 million for multifamily properties in Florida and Pennsylvania.

JLL Capital Markets announced Anthony Magnano joined the firm as a Director in its Nashville office.

Commercial real estate executives are growing “bearish” about the U.S. CRE market, DLA Piper's Global Real Estate State of the Market Survey reported.

Tech industry job loss has been minimal during the pandemic, and the tech sector is still driving U.S. office-leasing activity, reported CBRE, Los Angeles.

Marcus & Millichap, Calabasas, Calif., agreed to acquire Mission Capital in a transaction expected to close in the fourth quarter.