Delinquency rates for mortgages backed by commercial and multifamily properties increased slightly during the second quarter, the Mortgage Bankers Association's latest commercial real estate finance Loan Performance Survey reported.

Make plans to attend the commercial/multifamily industry event of the year: #MBACREF24, taking place February 11-14 in San Diego. Register by August 31 to take advantage of last year's rates.

Commercial and multifamily developments and activities from MBA important to your business and our industry.

CBRE, Dallas, reported that power supply has struggled to keep pace with data center industry growth internationally. Per its Global Data Center Trends 2023 report, that’s continued to keep vacancies low and pushed rents in the sector up, even amid new construction.

Mesa West Capital, New York, provided Atlanta-based real estate investment firm Audubon with a $71.5 million first mortgage secured by The Cooper, a 344-unit multifamily community in Mount Pleasant, S.C.

Office loan performance will likely continue to weaken as market pressures build, reported Fitch Ratings, New York.

Office markets and performance are on the minds of market participants as technology layoffs and space reduction announcements drive the year’s news cycles along with rising interest rates. Join MBA Education and industry practitioners as they explore opportunities and challenges in the office sector.