CoreLogic, Irvine, Calif., said single-family rent growth reached 3.8 percent year-over-year in January, up from a 2.9 percent annual increase a year ago.
Group Newslink: MBA Commercial/Multifamily NewsLink March 18
MBA: Commercial/Multifamily Mortgage Debt Up 5.8 Percent 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.
CONVERGENCE: Analyzing Housing Supply Shortages in the U.S. Webinar Mar. 19
This webinar is the second in a six-part webinar series on “The Physics of Affordable Housing” which features experts speaking on different housing affordability topics. It takes place Friday, Mar. …
Stumbling Hotel Industry Starts to Regain Footing After Its Worst Year
Wall Street Journal, Mar. 16, 2021–Peter Grant (subscription)The badly battered lodging business is stirring to life, roused by hotel owners and investors betting that bookings will pick up when Covid-19 …
The Strange Saga of Amazon’s Virginia Real Estate Deals
Bloomberg, March 15, 2021–Brad StoneA thicket of legal cases emanating from the real estate division of Amazon.com’s fast-growing cloud services unit seems pulled from a John Grisham novel. The saga …
Investors Gauge Risks, Opportunities in ESG Factors
Environmental, Social and Governance factors are growing more important in both initial investment decisions and ongoing monitoring after investment, said UBS Asset Management, Zurich, Switzerland.
Apartment Rents Jump at Fastest Rate in 2 Years
Apartment effective asking rents climbed 0.6 percent in February, the fastest single-month pace seen since the middle of 2019, reported RealPage, Richardson, Texas.
Close To Half Of All Americans Missed Rent Or Mortgage Payments
National Mortgage Professional, Mar. 11, 2021–Navi PersaudA report from GOBankingRates explored how U.S. renters and homeowners fared during the COVID-19 pandemic as the one-year mark approaches. The report found that …
Omar Reintroduces Bill Seeking to Cancel Rent, Mortgage Payments During Pandemic
The Hill, Mar. 11, 2021–Celine CastronuovoUnder the bill, titled the Rent and Mortgage Cancellation Act, there would be no accumulation of debt for renters or homeowners, as well as no …
Work-From-Home Movement Pressures Office Properties
The central business district shutdowns that began just over a year ago dramatically increased remote working and pressure on office properties, said Fitch Ratings, New York.