MBA: Delinquency Rates for Commercial Property Loans Declined Slightly in Second Quarter of 2024
Delinquency rates for mortgages backed by commercial properties declined slightly during the second quarter of 2024.
CREF Policy Update: MBA Opposes Biden Campaign’s Nationwide Rent Control Proposal; MBA to FHFA–Expand FHLB Membership to IMBs and REITs
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Freddie Mac Forecasts Low Rent Growth Amid High-Supply Headwinds
Freddie Mac Multifamily, McLean, Va., expects multifamily performance to remain muted for the remainder of the year as the market works through a historically high supply of new units.
Zelman & Associates: Apartment Transactions Survey Shows Stronger Supply Index
Zelman & Associates, a Walker & Dunlop company, New York, released its latest apartment transactions survey, finding that the supply-demand spread moderated in June after some imbalance in the first three months of the year.
LightBox Finds Slow Improvement in CRE Activity
The commercial real estate sector is adjusting to the fact that the Federal Reserve may lower interest rates only once this year–or possibly, not at all–according to LightBox, New York.
Hotel Construction Activity Highest Since Early 2023
CoStar Group, Washington, D.C., reported the volume of U.S. hotel rooms under construction recently reached its highest since February 2023.
RCN Capital: Real Estate Investor Sentiment Increases
RCN Capital, South Windsor, Conn., released its latest RCN Capital/CJ Patrick Co. Investor Sentiment Index, finding 60% of real estate investors view today’s market as better or much better than it was a year ago.
Dealmaker: BWE Secures $47M From Mesa West to Refinance Richmond, Va., Senior Living Community
BWE, Cleveland, secured $47 million from Mesa West Capital, Los Angeles, to refinance Discovery Village at the West End in Richmond, Va.