Strong market conditions helped fuel a 6 percent increase in multifamily lending in 2017 as lenders provided a record high $285 billion in new mortgages for apartment buildings with five or more units, the Mortgage Bankers Association reported today.
New MBA Council Focuses on Commercial Real Estate
National Mortgage Professional, Oct. 23, 2018--Phil Hall
Is It Time to Invest in CRE Debt?
National Real Estate Imvestor, Oct. 23, 2018--Joseph Iacono, Kim Diamond
Proposition 10, Which Would Expand Rent Control, is 'in Deep Trouble,' Poll Shows
Los Angeles Times, Oct. 19, 2018--Liam Dillon
Alarm Bells for CRE Lenders after Bank OZK's Bad Quarter
National Mortgage News, Oct. 19, 2018--John Reosti (subscription)
Stuck in Neutral: CMBS Issuance Stalls Amid Stiff Competition
National Real Estate Investor, Oct. 24, 2018--Beth Mattson-Teig
Big Builders Jump Into ‘Financing Gap' to Fuel NYC Construction Boom
Bloomberg, Oct. 19, 2018--Natalie Wong, Justina Vasquez
MBA Launches New Business Council for Commercial Real Estate Finance Members
The Mortgage Bankers Association announced formation of the Capital Council, a new business council, consisting of commercial real estate finance professionals from MBA member firms.
MBA, Trade Groups Ask Agencies to Revise Volcker Rule
The Mortgage Bankers Association and other industry trade groups urged federal banking agencies to streamline the "Volcker Rule" to reduce costs for businesses.
Green Buildings Gaining Ground
The commercial real estate industry is making significant progress in reducing energy consumption, carbon emissions, water usage and waste disposal, reported the Urban Land Institute, Washington, D.C.
Hotel Sector Sees Mixed 3Q Performance
The U.S. hotel sector saw mixed year-over-year performance during the third quarter and full-year 2017 performance fell short of expectations, analysts said.
Cap Rates Edge Higher
Cap rates edged higher in the second quarter, but they remain low; economic growth should support demand for commercial properties, offsetting further cap rate increases, reported Wells Fargo Securities, Charlotte, N.C.
Single-Family Rent Prices Increase 3.1% Year-over-Year
Rent prices in single-family rental properties increased 3.1 percent year-over-year in August, reported CoreLogic, Irvine, Calif.
RealPage, Richardson, Texas, agreed to acquire Rentlytics, San Francisco, for nearly $57 million.
Pollem New Morningstar Credit Ratings LLC Head of Commercial Mortgage-Backed Securities Ratings and Analytics
Kurt Pollem joined Morningstar Credit Ratings LLC as Head of Commercial Mortgage-Backed Securities Ratings and Analytics. He will be responsible for leading Morningstar's CMBS and other commercial real estate ratings.
HFF Secures $451M for Condominiums, Mixed-Use, Multifamily
Holliday Fenoglio Fowler, Houston, secured $451 million for commercial assets in Massachusetts, Tennessee and California.
2019 Commercial/Multifamily Future Leaders Application Period Open
The application period is open for MBA Education's 2019 Commercial/Multifamily Future Leaders program.
CRE Basics: Underwriting Multifamily Valuation Starts Nov. 27
MBA Education's popular CRE Basics: Underwriting Multifamily Valuation course starts Nov. 27.
CREF19 in San Diego Feb. 10-13
The Mortgage Bankers Association's Commercial Real Estate Finance/Multifamily Housing Convention & Expo 2019 returns to San Diego Feb. 10-13.