CREF Policy Update Nov. 18, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
COMBOG Corner: Interview with StanCorp’s Amy Frazey
Commercial real estate lending markets are on a tear heading into the last months of 2021. Life insurance companies are one of many capital sources benefiting from improved transaction volumes and economic fundamentals.
Investors Follow Shoppers to Lifestyle Centers
Investors are following shoppers as they return to lifestyle centers, said JLL, Chicago.
Commercial/Multifamily Briefs from American Equity, SS&C, Cushman & Wakefield and Marcus & Millichap
SS&C Technologies Holdings Inc., Windsor, Conn., announced American Equity Investment Life Holding Co., West Des Moines, Iowa, will migrate its $5.4 billion commercial, agricultural and residential mortgage loan portfolio to SS&C’s Precision LM loan management software.
Fitch: REITs Can Withstand Short-Term Inflation Pressures
Fitch Ratings, New York, said it sees limited risks to real estate investment trust credit fundamentals from a transitory inflation-rate increase, but noted prolonged elevated inflation could pressure REITs.
Hotel Demand, ADR Could Approach Full Recovery Next Year
U.S. hotel demand and average daily room rates should near full recovery next year, a new forecast from STR and Tourism Economics said.
Investors Increase Commercial Real Estate Allocations
Despite decreased returns in 2020, institutional investor confidence in commercial real estate remains strong, according to Hodes Weill & Assocs. and Cornell University’s Baker Program in Real Estate.
Tenants Committing to Longer Leases
Commercial real estate tenants are ready to commit to longer lease terms, reported software firm Visual Lease, Woodbridge, N.J.
Personnel News From Marcus & Millichap, JLL, Eastern Union
Marcus & Millichap, Calabasas, Calif., expanded its Board of Directors with by electing Collete English Dixon effective November 2. She will also serve as a member of the Board’s Nominating & Corporate Governance Committee.
Welcome News for the Retail Sector
The retail sector’s solid performance in recent quarters has been a welcome surprise, said Moody’s Analytics, New York.