ULI: CRE ‘Poised for a Rebound’

A panel of 42 real estate economists said commercial real estate is “poised for a rebound,” the Urban Land Institute reported.

MBA Chart of the Week: Cumulative Eviction Filings, 2020 Vs. Historical Average

On May 5, U.S. District Court Judge Dabney Friedrich issued an order vacating the U.S. Centers for Disease Control and Prevention’s national eviction moratorium, but also put a temporary pause on the order, meaning that (as of this writing) the CDC moratorium, which is scheduled to expire on June 30, remains in place. A number of state-level bans also remain.

MBA: 1Q Commercial, Multifamily Borrowing Declines 14 Percent

Commercial and multifamily mortgage loan originations decreased 14 percent in the first quarter from a year ago, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

MBA: 2020 Commercial, Multifamily Mortgage Bankers Originations Fall to $441.5B

Commercial and multifamily mortgage bankers closed $441.5 billion in loans in 2020, the Mortgage Bankers Association’s 2020 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation reported, nearly 26 percent lower than the record $601 billion reported in 2019.

Chart of the Week: Value of CRE Construction

One of the most striking aspects of the COVID-19 pandemic’s impact on commercial and multifamily real estate has been the disparity in the ways different property types have been affected. MBA’s monthly CREF Loan Performance Survey continues to show the immediate and dramatic rise in delinquency rates among lodging and retail properties.

JLL, CBRE, KeyBank Lead MBA 2020 CMF Originators

The Mortgage Bankers Association yesterday released its 2020 Rankings of Commercial/Multifamily Mortgage Firms by origination volumes. The report said JLL, CBRE and KeyBank led commercial/multifamily overall rankings.

MBA: CMF Mortgage Debt Outstanding Up 5.8% in Fourth Quarter

Commercial/multifamily mortgage debt outstanding at the end of 2020 rose by $212 billion (5.8 percent) from the previous year, the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report said.

MBA: Commercial, Multifamily Mortgage Delinquencies Decrease

Delinquency rates for mortgages backed by commercial and multifamily properties decreased in January, according to the Mortgage Bankers Association’s latest monthly MBA CREF Loan Performance Survey.