Commercial

The so-called “mandatory inclusion” guideline used by many cities to require a specific amount of affordable units be reserved in new residential developments has hit a major roadblock in Tennessee
The Mortgage Bankers Association (MBA) is forecasting that the level of commercial and multifamily mortgage originations will end 2017 with a whimper instead of a bang.   In a new analysis, the trade group predicted that this sector will end the year at $478 billion, a three percent below last... Keep Reading....
Originations of commercial and multifamily mortgages were up by nine percent on a year-over-year basis during the first quarter
Originations of commercial and multifamily mortgages were up by nine percent on a year-over-year basis during the first quarter, according to new data from the Mortgage Bankers Association’s (MBA). However, the first quarter’s origination levels were 27 percent lower than the fourth quarter of 2016... more
The delinquency rate for commercial real estate loans in commercial mortgage-backed securities (CMBS) reached 5.52 percent in April, according to new data from Trepp LLC
The delinquency rate for commercial real estate loans in commercial mortgage-backed securities (CMBS) reached 5.52 percent in April, according to new data from Trepp LLC. This marks an increase of 15 basis points (bps) from March and a 129 bps spike from one year earlier.   Trepp noted that nearly... more
The development, construction and ongoing operations within commercial real estate supported 6.25 million American jobs and pumped $861 billion into U.S. GDP during 2016
The development, construction and ongoing operations within commercial real estate supported 6.25 million American jobs and pumped $861 billion into U.S. GDP during 2016, according to the annual study “Economic Impacts of Commercial Real Estate,” published by the NAIOP Research Foundation.   Last... more
Last year saw $490.6 billion in commercial and multifamily mortgages, according to new data from the Mortgage Bankers Association (MBA)
Last year saw $490.6 billion in commercial and multifamily mortgages, according to new data from the Mortgage Bankers Association (MBA).   Multifamily properties recorded the highest origination volume at $214.1 billion, followed by office buildings, retail properties, hotel/motel, industrial and... more