Commercial real estate lending markets are on a tear heading into the last months of 2021. Life insurance companies are one of many capital sources benefiting from improved transaction volumes and economic fundamentals.
Category: News and Trends
MBA CONVERGENCE Partner Profile: Stephanie Moulton
The Ohio State University is a key leader in CONVERGENCE Columbus; Dr. Stephanie Moulton is the co-lead of the Evaluation Framework Working Group for CONVERGENCE Columbus.
Faith Schwartz of Housing Finance Strategies: Three Keys to the Future of Appraisal
There can be no debate that bias must be eradicated from the collateral valuation process. While some may question the cause or amount of bias, the fact is we need to eliminate any bias from the system.
People in the News Nov. 18, 2021: BlackFin Taps Wendy Peel to Lead Reverse Mortgage Practice
BlackFin Group, Englewood, Colo., hired Wendy Peel to serve as Managing Director and Partner – Reverse Mortgage Practice.
FHFA Releases 2022 Scorecard for GSEs, CSS
The Federal Housing Finance Agency on Wednesday released its 2022 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions LLC.
3Q Home Auction Prices Up 15%; 3 in 5 Consumers Would Consider Buying Home at Auction
Strong demand for distressed properties lifted the average sale price at foreclosure auction to an eight-year high and generated surplus funds above total debt owed for nearly half of homes sold at foreclosure auction in the third quarter, said Auction.com, Irvine, Calif.
October Second-Home Demand Up 70% From Pre-Pandemic Levels
Redfin, Seattle, said while demand for vacation homes has cooled slightly since the start of the year, it’s expected to remain above pre-pandemic levels as many Americans take advantage of more permanent remote-work policies.
Housing Starts Fall 3rd Straight Month
Housing starts fell for the third straight month in October, HUD and the Census Bureau reported Wednesday, although multifamily starts picked up, as did housing permits.
Dealmaker: Institutional Property Advisors Brokers 10 Multifamily Property Sales for $568M
Institutional Property Advisors, Ontario, Calif., closed 10 multifamily asset sales totaling 2,290 units in San Antonio, Texas. The sales totaled $568.45 million.
CBRE: CRE Lending Soars as Markets Enter Expansion Phase
CBRE, Dallas, reported commercial real estate lending activity surged in the third quarter, reflecting rebounding property acquisitions activity.