CMF Newslinks Archive

“Borrowing and lending backed by commercial and multifamily properties remained strong during the second quarter. Low interest rates combined with strong commercial property market fundamentals to further support lending and to keep overall borrowing levels on pace with last year’s strong level.”–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.

“While we’ve had some shocks to the global economy, the U.S. economy still is moving along at a slow and steady space, and that will sustain industrial demand. Retail sales have been above expectations, posting pretty strong gains in April and May. That will help both the retail and industrial sectors.”
–CBRE Chief Economist for the Americas Jeffrey Havsy. 

“The mood among the roughly 250 attendees at the Mortgage Bankers Association’s inaugural Small Balance Lending conference last month was demonstrably upbeat. With early reports indicating a robust second quarter for space market fundamentals, we expect that small cap commercial real estate rents and property income will still be rising, paving the way for solid loan origination volume during the second half of the year.”–Boxwood Means Principal Randy Fuchs discussing small-balance originations.

“The year has started off with more than its fair share of twists and turns. On the demand side, strong property fundamentals and prices should continue to support an active sales market, which will drive mortgage demand.”–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.

“If retailers live and die by cool, the same also holds true of retail properties, shopping centers and entire neighborhoods. And in an age of frugality, e-commerce encroachment and vast gaps in shopping center performance, ‘cool’ matters now more than ever.”–C&W Vice President of Retail Research Garrick Brown.

“Brokers who previously focused exclusively on large-scale commercial deals now see the small-balance mortgage as a product that helps them close more deals in a shorter period.”–Silver Hill Funding National Sales Manager Michael Boggiano.

“Bank holdings and multifamily loans backed by Fannie Mae and Freddie Mac drove growth during the [first] quarter. However, the balance of loans held in commercial mortgage-backed securities continues to decline and has now fallen by one-third since it peaked in 2007 as more CMBS loans are paid off and paid down than are originated.”
–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.

“Strong fundamentals and property prices, as well as still low interest rates, continue to support the performance of commercial and multifamily mortgages.”
–MBA Vice President of Commercial Real Estate Research Jamie Woodwell

“Maybe it’s always extraordinary in some way [in commercial real estate], but this is definitely an extraordinary time.”–Mortgage Bankers Association Vice President of Commercial Real Estate Research Jamie Woodwell, speaking at the MBA Commercial/Multifamily Servicing and Technology Conference.

“We must transform as an industry to be successful. We can and should evolve in the use of technology, while being inclusive and broadening our perspective. This is the path to a successful future in a world of constantly evolving technologies, policies and economic cycles.”
–Mortgage Bankers Association Chairman-Elect Rodrigo Lopez, CMB, speaking at MBA’s Commercial/Multifamily Servicing and Technology Conference.