CREF Policy Update: HUD Extends Flood Rule Implementation Date Following MBA, Industry Requests
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Construction Spending Falls on a Monthly Basis in July, Census Bureau Reports
Construction spending in July was estimated at a seasonally adjusted annual rate of $2,162.7 billion, 0.3% below the revised June estimate, but 6.7% above the July 2023 estimate, the U.S. Census Bureau reported.
MBA Chart of the Week: Commercial Mortgage Lending
Is the logjam in CRE transaction activity starting to break?
Fannie Mae, Freddie Mac Announce New Protections for Renters
Fannie Mae and Freddie Mac announced new protections for renters in multifamily properties with mortgages backed by the enterprises.
CBRE: Office Lease Concessions Decline for First Time in 4 Years
The value of office-leasing concessions – including months of free rent – began to decline in the first half of this year and may be near a peak, according to a new report from CBRE, Dallas.
RentCafe Names Overland Park, Kan., as July’s Most Attractive Rental City
RentCafe, Santa Barbara, Calif., found Overland Park, Kan., was the top city for renters’ interest in July, the second time this year it has unseated perennial favorite Minneapolis.
Dealmaker: Dwight Capital, Dwight Mortgage Trust Announce Transactions in Michigan, California
Dwight Capital, New York, and its affiliate REIT, Dwight Mortgage Trust, announced two recent transactions in Michigan and California.
