MBA: Commercial and Multifamily Mortgage Delinquency Rates Increased in Fourth-Quarter 2024
Commercial mortgage delinquencies increased in the fourth quarter of 2024, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report.
Commercial and Multifamily Mortgage Debt Outstanding Increased in Fourth Quarter
The level of commercial and multifamily mortgage debt outstanding at the end of 2024 was $172 billion (3.7%) higher than at the end of 2023, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report.
FOMC Rate Pause Remains; MBA Economist Weighs In
The Federal Reserve’s Federal Open Market Committee left interest rates unchanged on Wednesday.
CREF Policy Update: Senate Confirms William Pulte as FHFA Director
Commercial and multifamily developments and activities from MBA important to your business and our industry.
LightBox Says CRE Activity Surged in February Despite Federal Policy Shifts
LightBox, Irvine, Calif. reported a sharp rise in its February commercial real estate activity Index, which climbed to 96.1, up from 80.7 in January and 75.8 a year ago.
JLL: Record-Low Data Center Vacancy Fuels ‘Gold Rush’
The North American data center sector is charging full speed ahead, with colocation vacancy plummeting to a record low of 2.6% and absorption levels doubling in just two years, according to JLL, Chicago.
Northwestern Mutual: Majority of Non-Homeowners Say It Will Never Be Affordable
Northwestern Mutual, Milwaukee, Wis., released its latest planning and progress study, finding that among Americans who are not currently homeowners, 53% say owning a home will never be financially affordable.
Dealmaker: Walker & Dunlop Advises on $420M Brooklyn Recapitalization
Walker & Dunlop, Bethesda, Md., arranged the $420 million recapitalization of Hub, a 750-unit high-rise multifamily building in downtown Brooklyn, N.Y.
