CMF Newslinks Archive

“2017 was a very strong year, driven by solid property fundamentals, rising property values, low interest rates and a ready supply of mortgage capital all contributing to extraordinarily attractive finance markets. We expect another robust year in 2018, even with the slight increase in interest rates, although perhaps not quite as robust as 2017.”–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.

“This change [raising the required appraisal threshold for commercial real estate transactions from $250,000 to $500,000] supports a real estate market that efficiently allocates capital while still maintaining sound risk management. We hope to continue working with the regulators to find equitable solutions like this one that allow lenders to provide financing to their communities while still maintaining balanced regulatory regimes.”–Mortgage Bankers Association Senior Vice President of Commercial/Multifamily Thomas Kim

“We expect hotel values to remain at an all-time high in 2018 despite a rise in interest rates. Capitalization rates, however, will likely increase again this year, as occupancy has peaked in many major markets and rate growth has become sluggish. With all that said, transaction volume is mostly expected to be a continuation of 2017.”–STR Consultant Hannah Smith

“Global real estate performed exceptionally well in 2017 with volumes up sharply and increasing valuations. This has provided good momentum and the balance of pricing, supply and demand all point to a further healthy year.”–Cushman & Wakefield Global Capital Markets and Investor Services Chief Executive Carlo Barel di Sant’Albano.

“Grocery-anchored centers remain a safe bet for investors as overall transaction volumes for retail have been down, indicating that the asset remains a stable sector. It was one of the only retail sectors to see growth in a year of low transaction volume.”–JLL Retail Research Director James Cook.

“Commercial and multifamily mortgages ended 2017 continuing to perform extraordinarily well. The market tailwinds of strong fundamentals, increasing property values and ready access to mortgage and other credit all put downward pressure on delinquency rates.”–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.

“Small business growth has supported a trifecta of vigorous small-cap property fundamentals, peak sales and robust loan originations that shows few signs of abating soon.”–Boxwood Means Principal Randy Fuchs.

“Information will inform the sales process more and more, so those with technology who are more informed are going to win.”–Walker & Dunlop LLC Chairman and CEO William Walker.

“Commercial and multifamily businesses have enjoyed a robust market for the past several years. This $3 trillion business has been booming for quite some time. And with a growing economy and growing jobs, the future outlook is promising for commercial/multifamily businesses.”–Mortgage Bankers Association Chairman Dave Motley, CMB.

“Whether or not the economy can maintain forward motion is the definitive question in the year ahead.”–Integra Realty Resources Chairman Anthony Graziano.