CREF Policy Update: MBA Responds to HUD Proposal on Loan Disbursements
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Redfin: Asking Rents Up 0.6% in September
Redfin, Seattle, found asking rents rose by 0.6% year-over-year in September to $1,634. On a monthly basis, they fell 0.2% from August.
RentCafe: In Shift, Detroit Tops List of Most Sought-After City for Renters
RentCafe, Santa Barbara, Calif., released its Rental Activity Report for September, finding Detroit took the top spot.
Dodge Finds a Dip in Commercial Properties Entering Planning Stage
The Dodge Momentum Index–a measure of the value of nonresidential building projects going into planning–decreased 4.2% in September, and commercial properties entering the planning stage contracted 7.8%, according to the Dodge Construction Network, Bedford, Mass.
Point2: House Renters Prioritizing Space, Pets, Privacy
Point2, Saskatoon, Saskatchewan, conducted a survey of renters of single-family homes, finding that privacy and space are among the top motivators–but the comfort of their furry friends also ranks high.
Commercial/Multifamily Briefs, Oct. 17, 2024
Commercial and multifamily industry news from CBRE, HUD and Fannie Mae.
Dealmaker: Walker & Dunlop Arranges $137M for Downtown Boston Multifamily
Walker & Dunlop, Bethesda, Md., arranged $137.2 million for LUKA on the Common, a 398-unit, 30-story apartment community in downtown Boston.
