CMF Newslinks Archive

“Commercial and multifamily real estate finance is a nearly $4 trillion industry and touches almost every segment of the economy. Acquisition, Development or Construction loans in particular, which this legislation supports, help to promote economic growth and job creation.”–MBA President and CEO David Stevens, CMB.

“You can expect the Fed to hike interest rates in December and you may see a couple hikes next year regardless of who leads the Fed. But this does not mean you should not worry about central banks as a whole. Perhaps the Fed is almost on autopilot in the U.S. and that’s why markets are doing so well.”–Allianz Chief Economic Advisor Mohamed El-Erian.

“The one thing I know for sure after decades of significant involvement with this association is this: all is possible when we step up, lean in, say yes to the call and work together to make our industry the best it can be.”–Rodrigo Lopez, CMB.

“Market momentum has continued in 2017, with strong demand from borrowers and a strong appetite to lend by lenders, especially of loans going to government-related entities.”–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.

“Investors will continue to place a premium on transit-served locations where a live-work-play environment exists or can be developed. These locations tend to attract demand generators in the form of key office tenants and superior amenities, which lead to rental-growth premiums and strong asset performance.”–Avison Young Principal and Managing Director John Kevill

“I’m not really sure what’s going to end it–but something will, and it will cause a downward adjustment in real estate values.”–Pearlmark Real Estate CEO Stephen Quazzo.

“Loans backed by commercial and multifamily properties continue to perform extremely well. For most lender types–including banks, life insurance companies, Fannie Mae and Freddie Mac–delinquency rates are at or near their all-time lows.”–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.

“The [commercial mortgage-backed securities] market didn’t provide for much beach time this summer–the combined pricing volume for July and August represented about a third of year-to-date volume.”–Kroll Bond Rating Agency Senior Director Larry Kay.

“After hitting a post-election pause button, the industry seems to have digested and even shrugged off a flurry of policy announcements, concluding that many of the previously touted reforms will not be implemented. Instead, commercial real estate investors are assuming the U.S. economy will continue to slowly and steadily expand in coming quarters.”–Ten-X Chief Economist Peter Muoio.

“Many will be forced to abandon their homes and rent an apartment; businesses will need to look for new and/or temporary office space, but retailers may suffer more so and will be slow to reopen their businesses.”–Victor Calanog and Barbara Byrne Denham in a Reis special report: Houston after Harvey.