The economic environment that affects commercial real estate property markets is in excellent shape by most measures, reported Cushman & Wakefield, New York.
The Death and Life of New York City Retail
Bloomberg, Sept. 17, 2018--Justin Fox
Growth in New CMBS Issuances Reduces Delinquency Rate: Fitch
National Mortgage News, Sept. 17, 2018--Brad Finkelstein (subscription)
FTC Shuts Down Real Estate Websites that Allegedly Preyed on Section 8 Renters
HousingWire, Sept. 18, 2018--Ben Lane
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Developers Face Cost Escalation, Technology Challenges
Cost escalation represents the biggest challenge commercial real estate developers will face over the next five years, said Altus Group Limited, Toronto.
Investors Plan to Buy More Seniors Housing
The appetite for seniors housing remains strong, with nearly two-thirds of investors planning to increase their portfolios over the next 12 months, said CBRE, Los Angeles.
Resilient Multifamily Market Sees Rising Occupancies, Rents
Buoyed by a strong economy and continued healthy demand, the average U.S. apartment rent rose $2 in August to $1,412, up 3.1 percent year-over-year, reported Yardi Matrix, Santa Barbara, Calif.
Return Expectations Grow Among Institutional Investors
Institutional investors are increasing their expectation for full-year commercial real estate returns, the Pension Real Estate Association Consensus Forecast Survey reported.
Fannie Mae, Washington, D.C., priced its eighth multifamily Delegated Underwriting and Servicing real estate mortgage investment conduit this year, totaling $857.2 million.
Henderson Joins Avison Young's Florida Capital Markets Group
Avison Young, Toronto, hired Allen Henderson as Vice President of the firm's Capital Markets Group based in Tampa, Fla.
Renaissance Vinoy St. Petersburg Changes Hands for $189M
SCG Hospitality, Tampa, Fla. acquired The Vinoy Renaissance St. Petersburg Resort & Golf Club in St. Petersburg, Fla. for $188.5 million.
MBA CREF Connects Event at Hudson Yards Oct. 30
MBA CREF Connects regional events bring together commercial real estate professionals in markets across the country.
MBA Commercial/Multifamily Marketing Officer Roundtable in Washington Oct 3-4
MBA business peer roundtables bring together professionals from commercial and multifamily real estate finance firms.
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.