Commercial/Multifamily Briefs from Reonomy, Fannie Mae

Reonomy Expands Commercial Real Estate “Market Glances” to 30 MSAs

Data firm Reonomy, New York, expanded its Market Glance insights to 30 metropolitan statistical areas across Multifamily, Office, Retail, Industrial and Hospitality categories.

Reonomy said it pulls data from a network of providers to aggregate insights on all commercial properties across the U.S., including assessor, census, transaction, geospatial, ownership and occupant data. Using machine learning and proprietary entity resolution capabilities, Reonomy stitches together all data sources on the parcel level with a single identifier. The resulting data set is a collection of insights across more than 50 million commercial properties.

Reonomy’s Market Glances draw upon this dataset to provide a timely snapshot of each MSA. Centered around the Reonomy Price Index–a collection of composite sales price indices measuring change and fluctuation of markets by asset type–the Market Glances also include sales mix, sales volume, market share, monthly transactions and noteworthy sales.

“The commercial real estate data landscape is incredibly fragmented. Reonomy is designed to help CRE professionals make smarter decisions with all of their data and insights in one place,” said Bill Okun, CEO of Reonomy. “We make these Market Glances available to the public so that everyone in CRE can understand, from a macro level, what’s happening in a given area. Whether you’re looking into noteworthy transactions in a specific city or are interested in market share by square footage, we have the analysis in one convenient place.”

Fannie Mae Prices $802M Multifamily DUS REMIC

Fannie Mae, Washington, D.C., priced an $802 million multifamily Delegated Underwriting and Servicing REMIC under its Guaranteed Multifamily Structures program on July 21. FNA 2021-M17 marks the eighth Fannie Mae GeMS issuance of 2021.

Fannie Mae guarantees all classes of FNA 2021-M17 with respect to the full and timely payment of interest and principal.

The Fannie Mae GeMS REMIC term sheet is available on the Fannie Mae GeMS Archive page.