Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
CoreLogic, Irvine, Calif., said single-family rent growth started 2022 strong by increasing 12.6 percent year-over-year in January.
The commercial mortgage-backed securities delinquency and special servicing rates both fell in February, analysts reported.
The first quarter is traditionally relatively quiet for commercial real estate transactions, but the industrial sector missed that memo this year.
Avison Young’s Capital Markets Group sold an Iowa single-tenant net-leased industrial property and a Florida office property for a combined $338.6 million.
The Consumer Price Index jumped by 0.8 percent in February from January and roared ahead by 7.9 percent to its fastest annual pace in 40 years, the Bureau of Labor Statistics reported.
JLL created a permanently endowed fund with a $25,000 initial investment to support Florida A&M University students interested in commercial real estate careers. The move is part of the firm’s ongoing efforts to increase diversity and inclusion in commercial real estate.
The Mortgage Bankers Association awarded more than $134,000 in scholarships to 163 women and minorities under its Path to Diversity (P2D) Scholarship Program during fiscal year 2021.
KeyCorp, Cleveland, Ohio, named Helena Haynes-Carter Chief Diversity, Equity and Inclusion Officer.
Institutional investors expect last year’s commercial real estate momentum to carry over into this year and next, the Pension Real Estate Association reported.