Commercial property vacancy rates generally ticked up in the first quarter, but so did asking rents, the Mortgage Bankers Association's First Quarter 2019 Commercial/Multifamily DataBook reported.
Commercial Property Joins Tech Revolution as Spending Soars
Wall Street Journal, July 2, 2019--Peter Grant, Konrad Putzier (subscription)
Situs and AMC Complete Merger
National Mortgage Professional, June 28, 2019--Phil Hall
Obsolete Office Buildings Offer Investors a Myriad of Opportunities for Adaptive Re-Use
National Real Estate Investor, June 28, 2019--Patricia Kirk
JLL's $2 Billion Acquisition of HFF to Close on July 1
HousingWire, June 28, 2019--Ben Lane
FASB to Consider Delaying CECL Deadlines for Smaller Firms
American Banker, June 27, 2019--John Heltman, John Reosti (subscription)
Marcus & Millichap Brokers $59M in Office, Apartment Sales
Marcus & Millichap, Calabasas, Calif., brokered shopping center and multifamily property sales totaling $58.8 million in Florida and Washington, D.C.
Bellwether Enterprise Hires Tarter to Head Workforce Housing and Social Impact
Bellwether Enterprise Real Estate Capital LLC, Cleveland, created a Workforce Housing and Social Impact team and hired four new staffers in Dallas. Anthony Tarter will head the team, joined by Assistant Vice President Drew Oden.
MBA Offices Closed July 4 and 5
MBA offices will be closed on July 4 and 5 in observance of the Independence Day holiday. MBA NewsLink issue will publish as usual on Friday, July 5.
CRE Price Growth Speeds Up; Industrial Leads Again
U.S. commercial real estate prices rose in May at their fastest annual rate this year, propelled by a jump in industrial property prices, reported Real Capital Analytics, New York.
Fastest-Growing Metros Losing Affordable Housing at Rapid Rate
The fastest-growing cities in the United States saw substantial declines in affordable housing units between 2010 and 2017, said Freddie Mac, McLean, Va.
Office Investment Back on Track After Challenging Early 2019
Real Capital Markets, Carlsbad, Calif., said office investment is "back on track," buoyed by significant sources of capital for deal-making following some political and economic uncertainty over the past year.
Civic Financial Services, Redondo Beach, Calif., launched a new rental program designed for real estate investors focused on aggregating rental properties. The program includes 5/1, 7/1 and 10/1 interest-only ARM products for either a single asset or a portfolio of properties.
MBA Education Multifamily Property Inspection Workshop in Washington, D.C., Sept. 11-12
MBA Education presents its popular Multifamily Property Inspection Workshop in Washington, D.C. Sept. 11 and 12.
CREF Market Intelligence Symposium in New York July 10-11
The Mortgage Bankers Association CREF Market Intelligence Symposium cuts through the clutter to provide hard facts about the state of commercial real estate markets--what we do and don't know.
MBA Education Webinar: Expect the Best, Prepare for the Worst: CRE Loan Workouts 101 Aug. 14
Join MBA Education August 14th from 2:00-3:30PM ET for a webinar that explores the topic of commercial mortgage loan workouts by convening subject matter experts from Trimont Real Estate Advisors, CW Capital, Fitch Ratings, Rialto and PGIM.
CRE Basics: Property Inspection and Environmental Concerns Starts August 19
MBA Education presents CRE Basics: Property Inspection and Environmental Concerns. The course will explain what the property inspection tells the underwriter and how the results of the inspection affect the underwriting.