National
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.
TODAY’S DEALS: Inland Enters into Student Housing Development Partnership
Inland American Communities enters an Oregon-based partnership/development; a development site in Queens, N.Y., hits the markets for $21 million; and NorthMarq Capital arranges $22.6 million in an interest-only mortgage via life insurance lender.
Economy Watch: Homebuilders More Optimistic About 55+ Housing
The National Association of Home Builders reported that builder confidence in the 55+ housing market improved during the fourth quarter of 2012, compared with the same quarter a year earlier.
TODAY’S DEALS: Insight Breaks Ground on 310-Unit Maryland Asset
Insight Property Group begins its Silver Spring development; Beech Street closes $32.5 million for a four-property acquisition; and CBRE HMF originates its first two loans under HUD’s LIHC pilot program.
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.
Builder Confidence in the 55+ Housing Market Ends Year on a Positive Note
Builder confidence in the 55+ housing market for single-family homes showed continued improvement in the fourth quarter of 2012 compared to the same period a year ago, according to the National Association of Home Builders’ latest 55+ Housing Market Index.
Economy Watch: Multifamily Rent Growth Slows
Trulia reported that as newly constructed multifamily buildings are completed, the pace of rent gains fell at the national level for the first time since the price recovery began last spring.
TODAY’S DEALS: Brandywine, Campus Crest and HSRE Partner on $158.5M Project
A joint venture announces a student housing tower in Philadelphia; HFF lands $72 million for a Hoboken refinancing; and Centerline provides $43.1 million in acquisition financing for a Houston asset.
Economy Watch: Home Prices See Annual Spike of 8.3 Percent
CoreLogic reported that home prices nationwide, including distressed sales, increased year-over-year by 8.3 percent in December 2012.
Yardi Introduces New Enhancements to Yardi Resident Screening
Yardi announced today that it has completed several enhancements to Yardi Resident Screening™ designed to help clients operate more efficiently, manage risk better, comply with screening regulations and improve net operating income.