Commercial, Multifamily Mortgage Debt Rises to $3.06 Trillion

Commercial, Multifamily Mortgage Debt Rises to $3.06 Trillion

Total commercial and multifamily mortgage debt outstanding rose to $3.06 trillion at the end of the second quarter of 2017, as three of the four major investor groups increased their holdings, according to the Mortgage Bankers Association (MBA)'s latest Commercial-multifamily Mortgage Debt Outstanding report. 

Read More

As occupancy falls again, apartment landlords sweeten the pot

As occupancy falls again, apartment landlords sweeten the pot

If you are a first-time renter or looking to upgrade to a bigger, newer apartment, now may be your best chance.

Demand for rental apartments fell short of new supply by about 100,000 units nationwide, according to RealPage, a real estate analytics firm. Apartment occupancy is still high, but it is softening a bit, dropping to 94.5 percent in the first quarter of this year, compared to 95.1 percent at the end of 2016. Occupancy has been falling for the past six months.

Read More

Fed Survey: CRE Tightening Trend Continues

Fed Survey: CRE Tightening Trend Continues

Bankers continued tightening credit for commercial real estate loans and consumer loans in the last three months while holding steady on other business loans and easing credit standards very slightly in their home mortgage portfolios, according to the Federal Reserve’s latest senior loan officer survey released today.

Read More