Tag: Blog
Multifamily CMBS special servicing rate falls as others rise
Trepp reported that the special servicing rate for multifamily commercial mortgage-backed securities (CMBS) loans fell in September. The rate has occupied a narrow range...
After Senate passage, ROAD to Housing Act awaits House action
On October 9, the U.S. Senate passed the bipartisan Renewing Opportunity in the American Dream to Housing Act of 2025 (ROAD to Housing Act)...
Walker & Dunlop reviews seniors housing prospects
The 2025 Seniors Housing Outlook report describes an industry set for robust growth and dynamic change, fueled by favorable demographic shifts, strong investor interest,...
Yardi Matrix: Advertised rents drop in September
Yardi Matrix reported that the national average asking apartment rent fell $6 in September compared to the revised level of the month before to $1,750...
Multifamily CMBS delinquency rate moves lower
Trepp reported that the delinquency rate for multifamily commercial mortgage-backed securities (CMBS) retreated in September after last month’s surge. The overall CMBS delinquency rate...
JOLT report shows slow job growth despite higher openings
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of total non-farm job openings...
Rent growth negative in September
The latest rent report from Apartment List shows that national median rent fell in September with month-over-month rent growth of -0.42 percent. As it...
CoStar: multifamily property prices continue to decline in August
CoStar reported that its value-weighted index of multifamily property prices fell month-over-month in August, dropping 1.31 percent, its sixth consecutive monthly decline. However, CoStar...
MSCI: Multifamily property prices unchanged despite overall price rise
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices were effectively unchanged in August compared to the...
Life insurers raise holdings of multifamily mortgage debt in Q2
The Mortgage Bankers Association (MBA) reported that multifamily mortgage debt outstanding rose by $27.70 billion in Q2 from the revised level of the quarter...
Multifamily starts forecasts revised higher again
Revisions to Fannie Mae’s September housing forecast raise the number of multifamily starts expected in 2025 and 2026 from those in last month’s forecast....
Fed lowers benchmark interest rate
The economic projections released by the Federal Open Market Committee (FOMC) after this week’s meeting indicate that they expect higher GDP growth ahead than...
Multifamily starts lower but completions surge in August
The Census Bureau’s report on new residential construction stated that multifamily permits fell again in August. Multifamily starts were down sharply from the high...
Multifamily CMBS special servicing rate higher in August despite overall drop
Trepp reported that the special servicing rate for multifamily commercial mortgage-backed securities (CMBS) loans rose in August, although it remains below its level of...
Commercial mortgage delinquency rates continue higher
The Mortgage Bankers Association (MBA) reported that delinquency rates rose in Q2 for commercial and multifamily mortgages issued by 4 of the 5 classes...
