CMF Newslinks Archive

“For most capital sources, commercial and multifamily mortgage delinquency rates are near the lowest levels seen during the past 20 years. Strong property fundamentals, rising property values and solid mortgage availability are all supporting these rates.”–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.

“We anticipate that favorable leasing fundamentals for the office sector will be ongoing through year-end 2016, and although select markets may experience some delay in office lease executions until after the [presidential] election is decided, this situation should have minimal impact on market conditions into 2017.”
–Avison Young President of U.S. Operations Earl Webb.

“The death of the suburbs is greatly exaggerated. Despite what we often hear, more people across all age cohorts–including millennials–are still migrating out of cities and to the suburbs.”
–Darin Mellott, director of research & analysis with CBRE.

“Cloud services, digital content and new data sovereignty laws are setting the data center market on fire. Demand is historically strong, so the onus is on the data center operators to build space fast enough, while also accommodating shorter, more flexible lease structures that have become highly popular as data strategies have evolved.”–Bo Bond, Central Region Lead with JLL’s Data Center Solutions Group.

“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.