Labor Shortages are Hitting Multifamily, Too

HousingWire, Feb. 7, 2020–Julia FalconDespite a prolonged multifamily growth schedule, there is still room for rent price to go up, according to Yardi Matrix. https://www.housingwire.com/articles/labor-shortages-are-hitting-multifamily-too/

Q&A: How Low Interest Rates Are Bolstering CRE Loans

Commercial Property Executive, Feb. 6, 2020–Timea-Erika PappJonathan Roth, Justin Kennedy and Toby Cobb of 3650 REIT discuss the industry’s current direction and what to expect going forward.https://www.cpexecutive.com/post/qa-how-low-interest-rates-are-bolstering-cre-loans/

Fed Holds Line on Benchmark Rates

The Federal Open Market Committee, anticipating no dramatic changes to the U.S. economy in the near future, concluded its two-day policy meeting last week with no action on key interest rates.

MBA Chart of the Week: CMBS Annual Issuance Volume

After a slow start in 2019, the commercial mortgage-backed securities market ended strong, with $39.1 billion of private-label CMBS issuance during the fourth quarter – more than double the $18.8 …