BWE, Cleveland, arranged $308 million to refinance two senior living communities in Los Angeles and Philadelphia.
Category: News and Trends
NAR: Baby Boomers Account for 42% of All Home Buyers
The National Association of Realtors, Chicago, released its 2025 Home Buyers and Sellers Generational Trends report, finding that Baby Boomers were 42% of all home buyers in the past year.
C-PACE Financing Grows as Banks Warm Up, Regulations Improve
With a record $2.5 billion in 2024, C-PACE is mainstreaming, writes Anne Hill, Senior Vice President of Bayview PACE, a subsidiary of Bayview Asset Management.
Point2Homes: Long-Term Single-Family Rentals Gaining Ground
Point2Homes, Santa Barbara, Calif., released a new report finding that renters are staying in single-family homes for longer.
More Americans Say Homeownership Is Not Attainable, KeyBank Finds
KeyBank, Cleveland, released its 2025 Financial Mobility Survey, finding that 46% of survey respondents who don’t currently own a home say it’s not attainable for them.
Quote of the Day
“While Americans are experiencing significant economic pressure, we’re seeing signs of remarkable resilience.”
–Dan Brown, Director of Consumer Product Management at KeyBank
JLL: Office Sector Regaining its Central Role in Commercial Real Estate–At a Cost
The office sector has regained a central role in commercial real estate as corporations adjust their hybrid policies to favor in-office attendance, according to JLL, Chicago.
Trepp: CMBS Delinquency Rate Jumps in March
Trepp, New York, reported the CMBS delinquency rate rose in March, with the overall delinquency rate up 35 basis points to 6.65%.
Quote of the Day
“Treasury yields continue to be volatile as economic uncertainty dominates markets. Most mortgage rates finished last week lower, with the 30-year fixed essentially unchanged at 6.70%.”
–Joel Kan, MBA’s Vice President and Deputy Chief Economist
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 1.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 28, 2025.