National
Economy Watch: Americans Finally Optimistic About Economy—And Real Estate
Call it creeping optimism: according to a number of measures, Americans are now more hopeful about the direction of the economy than they were as recently as last year.
TODAY’S DEALS: Amerisphere, NorthMarq Close $20.2M in for Three Assets
NorthMarq and Amerisphere place Fannie Mae financing for 1,078 units; Capital One refinances a manufactured home community near Detroit; and NXT Capital provides a $20.4 million first mortgage.
The Great Age Divide
Fifty-one percent of 25-34 year olds say they don’t want to work with a real estate broker when buying a home and prefer getting their house hunting information from marketing materials, renderings and websites, according to a survey by Neoscape Inc.
Economy Watch: Will Normcore Thinking Affect the Residential Market?
Is normcore housing a real thing? And will it be the next big thing in housing?
NMHC Study: Rental Boom is Boon to the National Economy, Contributing $1.3 Trillion in 2013
The multifamily housing rental boom is a real boon to the economy and local communities. Fueled by demographic changes like the burgeoning Millennial population and a rediscovery of metropolitan urban cores, the apartment industry and its 36 million residents contributed an impressive $1.3 trillion to the U.S. economy and supported 12.3 million jobs in 2013.
Economy Watch: Could Student Debt Negatively Affect Real Estate?
One aspect of consumer credit has a time-bomb potential when it comes to the health of the economy, and even certain aspects of residential and even commercial real estate: student loans.
TODAY’S DEALS: PAC Grabs Newly Built Sarasota Asset
Preferred Apartment Communities grabs 237-units; CIT arranges financing for a Queens development; and Aries Capital obtains a refinance containing a $1.1 million cash out.
Economy Watch: What Newest Employment Trends Mean for CRE
How increasing the number of jobs is affecting commercial real estate.
TODAY’S DEALS: Financing a New Pedigree of Multifamily in Denver
A joint venture lands a 65-percent LTC construction loan in Denver; Miracle Mile multifamily trades for $23.5 million; and Walker & Dunlop originates a full-term interest-only loan for CAPREIT.
Economy Watch: How the Real Estate Industry is Benefitting from Job Increases
Finally, it looks like the U.S. economy is on the path of sustained job growth.