Delinquency rates for commercial and multifamily mortgage loans held steady in the third quarter, with delinquency rates for loans held in bank portfolios reaching a 24-year low, the Mortgage Bankers Association reported this morning.
Exclusive Research Reveals Stable Outlook for the Multifamily Sector
National Real Estate Investor, Nov. 29, 2017--David Bodamer
Proposed Tax Change Could Hurt Mortgage Servicers, Groups Warn
National Mortgage News, Nov. 28, 2017--Bonnie Sinnock (subscription)
Senate Banking Committee Votes Yes on Brian Montgomery Nomination
DS News, Nov. 28, 2017--David Wharton
Activism and Re-Awakened Value Hunting Sparks Private Investor Interest in Mall REITs
National Real Estate Investor, Nov. 28, 2017--Donna Mitchell
Why the Slowdown in Multifamily Starts is Healthy
D Magazine, Nov. 27, 2017--Jeff Price
Once-Hot Apartment Construction Cooling as U.S. Housing Engine
Bloomberg, Nov. 20, 2017--Shobhana Chandra; Vince Golle; Jordan Yadoo
Mall Owners Ramp Up Holiday Spending in an Era of Diminished Expectations
Wall Street Journal, Nov. 21, 2017--Esther Fung (subscription)
Brookfield's Offer for GGP Might Drive Prices in the Mall Sector Lower, Analysts Say
National Real Estate Investor, Nov. 17, 2017--Mary Diduch
MBA Calls on Senate to Fix Tax Bill Treatment of MSRs
The Mortgage Bankers Association called on the Senate to fix a controversial provision in the Senate tax bill that would require any item of income that an accrual taxpayer recognizes for accounting purposes, including mortgage servicing rights, also be recognized for tax purposes.
MBA Welcomes 20 New Members
The Mortgage Bankers Association welcomed 20 new regular members to its ranks last month which currently numbers more than 2,300 member companies.
MBA, Trade Groups Urge CFPB to Drop Proposed HMDA Guidance
The Mortgage Bankers Association and other industry trade groups told the Consumer Financial Protection Bureau its Proposed Guidance on loan-level Home Mortgage Disclosure Act Data raises "profound concerns about the risks to consumer privacy, of identity theft and fraud."
Commercial and multifamily developments and activities relevant to your business and our industry.
E-Commerce a 'Tailwind' for Industrial Space
The U.S. industrial sector is flourishing while retail flounders due to greater demand for warehouse space and more diverse shipping needs due to e-commerce growth, reported Ten-X, Irvine, Calif.
'Positive But Guarded' Multifamily Outlook from Yardi Matrix
There remains a "consistent" positive case for multifamily investment, but said things could get "a bit bumpy" ahead, said Yardi Matrix, Santa Barbara, Calif.
Hotel Pipeline Shrinks
Hotel rooms currently under construction fell slightly--0.1 percent year-over-year--to 183,187, reported STR, Hendersonville, Tenn.
FHFA Shrinks Fannie Mae, Freddie Mac Multifamily Lending Caps
Fannie Mae and Freddie Mac multifamily lending caps will shrink slightly in 2018, the Federal Housing Finance Agency announced yesterday.
Transwestern: Increasing Office Demand in New York, New Jersey
Increasing demand for new construction in the Hudson Yards, Manhattan West and World Trade Center areas continues to benefit Manhattan's office market, reported Transwestern, Houston.
New York's Upper 5th Avenue Remains World's Most Expensive Retail Street
Upper 5th Avenue in New York remains the world's most expensive retail street, reported Cushman & Wakefield, New York.
CBRE, Los Angeles, acquired a 50 percent interest in Streetsense, a privately held strategy and design company, creating a joint venture to provide services that help retailers create "compelling" consumer experiences.
Berkadia Names Provinse Head of Mortgage Banking
Berkadia, New York, named Hilary Provinse Executive Vice President and Head of Mortgage Banking.
MetLife Investment Management Lends $169M on Office, Multifamily
MetLife Investment Management, New York, lent $169.2 million on office and multifamily properties in Florida and Georgia.
CREF18 in San Diego Feb. 11-14
The Mortgage Bankers Association's Commercial Real Estate Finance/Multifamily Housing Convention & Expo 2018 returns to San Diego Feb. 11-14.
MBA Summit on Diversity and Inclusion Dec. 4-5
The Mortgage Bankers Association's annual Summit on Diversity & Inclusion takes place Dec. 4-5 at the Capital Hilton in Washington, D.C.
MBA Education Multifamily Property Inspection Workshop in Atlanta Mar. 21-22
MBA Education presents its popular Multifamily Property Inspection Workshop in Atlanta March 21 and 22, 2018.
Webinar: Excel for Commercial Real Estate Professionals, Jan. 17
The MBA Education Excel for Commercial Real Estate Finance Professionals webinar will explore how to create a useful and powerful spreadsheet when analyzing commercial real estate.