National

A report from the Mortgage Bankers’ Association (MBA) says that multifamily mortgage originations were up 69 percent year-over-year in Q4. Originations of all commercial mortgages as a single asset class rose 84 percent year-over-year. Commercial...

Yardi Matrix reported that the national average asking apartment rent was up $3 in January compared to the revised level of the month before at $1,746 per month. The national average year-over-year asking apartment rent...

The Employment Situation Report from the Bureau of Labor Statistics (BLS) stated that the economy experienced modest overall employment growth in January. While the employment levels for 3 of the 4 multifamily-related job categories...

Trez Capital, a leader in North American commercial real estate investments, announces key leadership updates with John Maragliano – a 25-year veteran in the financial services industry – named Co-Chief Executive Officer serving alongside...

JPI, a leading developer and builder of Class A multifamily housing, is thrilled to announce Jay Parsons as JPI’s Economic Advisor. Jay is a distinguished economist, advisor, and industry thought leader. During his 16 years...

Walker & Dunlop, Inc. announced that Matthew Wiener, has joined its affordable housing team as senior managing director. Wiener will be joined by his longtime partner, Preyaa Strzalkowski, who is based in New York and...

The Bainbridge Companies (Bainbridge) promoted a key member of its leadership team, as Brian Doppelt is now Executive Vice President and Chief Legal Officer of the premier multifamily real estate company. In his new role,...

Newmark announces that Kelley Klobetanz has joined the firm as Executive Managing Director to head up Federal Housing Administration (FHA) Production & Operations. In addition to originating new FHA business and managing client relationships, Kelley...

CBRE announced it has expanded its U.S. Debt and Structured Finance business by adding industry veteran Drew Anderman as a Vice Chairman in New York City. Drew Anderman brings a wealth of experience executing complex...

Affiliates of Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, announced a joint venture with The Garrett Companies and Telis Group to fund the $630.5 million recapitalization...

The Census Bureau’s quarterly report on home ownership and occupancy for Q4 2024 stated that the rental housing vacancy rate was 6.9 percent. This was unchanged since last quarter’s report despite a slight drop...

Trepp reported that the rise in the delinquency rate for multifamily commercial mortgage-backed securities (CMBS) loans continued in January, although more slowly than in recent months. The overall CMBS delinquency rate declined marginally, falling...

The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings in December was 7.60 million. This was reported to be down 556,000...

Lument announced that it closed more than $198 million in balance sheet bridge financing in December 2024. The loans facilitate the lease-up, acquisition, and construction of seven multifamily properties across the country. Together, the...

The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in December was down 0.28 percent from the revised level of the month before. Spending on...