CMF Newslinks Archive

“Commercial real estate finance markets are on pace to match last year’s record volumes of borrowing and lending. Property incomes and values continue to grow, albeit at slower paces than previous years, and the amount of capital looking to be placed in real estate and debt remains robust. We anticipate that much of the momentum seen this year will carry on into 2019.”–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.

“Institutional real estate portfolios delivered solid investment returns in 2017. Returns continue to outperform expectations, which is likely contributing to the increase we are seeing in investor conviction. This has in turn led to an acceleration in transaction volumes and capital deployment across regions.”–Hodes Weill & Assocs. Managing Partner Douglas Weill.

“The Capital Council is designed to be a valuable resource for those who shape and influence decisions on commercial real estate finance investment committees. I encourage MBA members with an interest in developing business relationships and sharing their insights with key decision-makers in the commercial real estate finance industry to join and add their voice to the conversation.”–MBA President and CEO Robert D. Broeksmit, CMB.

“The passing of the Tax Reform and Jobs Act in December that doubled the standard deduction and cut the deductibility of state and local taxes reduced the incentive to buy a home. This has helped the apartment market, especially in high-taxed localities.”–Barbara Byrne Denham, Senior Economist with Reis, New York.

“Although exact effects of the new trade deal remain to be seen, it appears that the [United States-Mexico-Canada Agreement] will generally support property market demand.”–From a CBRE special report, Revised NAFTA Should Benefit U.S. Real Estate.

“We are quite bullish on multifamily for a number of different reasons.”–Walker & Dunlop Chairman and CEO Willy Walker in a MBANow CREF COrner Office video conversation (article in left column).

“The balance of mortgage debt on commercial and multifamily properties grew faster during the first half of 2018 than during any other first half since 2007.”–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.

“Seniors housing acquisitions momentum will continue in the second half of 2018 and will likely increase, especially if the sentiment reflected in the survey materializes. Despite the increased capital market and operational headwinds, investor interest remains robust and a lack of available product to buy should keep pricing strong.–CBRE Head of Multifamily Research Jeanette Rice

“Property appreciation for most types of real estate, particularly the big sectors investors are focused on, has been pretty anemic over the past couple of years. But there are quite a few outliers to that trend.”–Peter Rothemund, Senior Analyst with Green Street Advisors, Newport Beach, Calif.

“It is hard to overstate how low commercial and multifamily mortgage delinquency rates are today.”–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.