APARTMENT MARKET STATISTICS: April 2013
Condo prices showed the first annual increase since 2007, registering a gain of 7 percent in 2012, according to the National Association of Home Builders.
APARTMENT MARKET STATISTICS: March 2013
Multifamily permits are now being issued at a rate of more than 300,000 units per year, according to the National Association of Home Builders.
Webcast to Address Water Submetering Equipment, Regulatory, Maintenance, Resident Issues
NWP Services Corp. will be sponsoring a webcast to take place at 2pm EST on Wed., April 3. The webcast will address water submetering.
Commercial Mortgages Returned 4.7 Percent for Life Companies and Pension Funds in 2012
Life companies and pension funds increased their market share of commercial property financing last year despite ongoing industry deleveraging, and the mortgage loans yielded a total return of 4.7 percent for the institutions in 2012.
SPECIAL REPORT: Knakal Says New York City Sales Market is ‘Phenomenal,’ Land Prices ‘On Fire’
Robert Knakal, chairman of Massey Knakal Realty Services, said the New York City commercial property investment sales market is currently red hot, but warned that sustained periods of low interest rates lead to real estate bubbles.
Financing the Largest FHA 221(d)(4) in Texas
Bud Malone, CEO of Mortgages USA, describes how he was able to take on a loan that other lenders had declined.
APARTMENT MARKET STATISTICS: February 2013
The Apartment Market Statistics section of the February 2013 issue of MHN features a range of important multifamily data.
SPECIAL REPORT: Fannie Mae Stresses Loan Quality, Risk-Sharing and Profitability for U.S. Taxpayers
Fannie Mae’s priority in 2013 will be to continue focusing on loan quality, said Jeffrey Hayward, senior vice president, head of the Multifamily Mortgage Business, Fannie Mae.
SPECIAL REPORT: MBA Predicts Multifamily Funding Market Share May Fall Slightly in 2013
Mortgage originations for commercial properties will increase by 11 percent in 2013, the Mortgage Bankers Association forecasted. Multifamily financing may tick down this year as capital supply to the other commercial real estate sectors make a comeback.
SPECIAL REPORT: Liquidity Returns to Commercial Real Estate
The commercial real estate financing industry cautiously greeted the rapid return of liquidity into the sector during the Mortgage Bankers Association’s (MBA) 2013 Commercial Real Estate Finance/Multifamily Housing Convention & Expo.