Capital: Page 22

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    CMBS delinquency rate rises in December

    Multifamily’s 36-basis-point increase topped all commercial real estate sectors.

    By • Jan. 10, 2023
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    alfexe via Getty Images
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    Multifamily loans top $2 trillion for the first time

    The inventory of multifamily loans for the GSEs, life insurers, banks and thrifts, and securitization vehicles rose in the third quarter.

    By • Jan. 4, 2023
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    UC Investments injects $4B into Blackstone’s REIT

    Blackstone will contribute $1 billion of its current BREIT holdings to a strategic venture with the University of California’s investment arm.

    By • Jan. 4, 2023
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    Spencer Platt via Getty Images
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    Lennar postpones plans to spin off multifamily subsidiary

    The builder is going to "wait for the right timing" to spin off Quarterra, according to CEO Stuart Miller.

    By • Dec. 21, 2022
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    Alex Wong via Getty Images
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    Fed may cut rates in mid-2023: Fannie Mae

    The U.S. economy will likely enter a mild recession during the first quarter after a slump in manufacturing and consumer spending, according to Fannie Mae economists.

    By Jim Tyson • Dec. 21, 2022
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    olaser via Getty Images
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    Multifamily mortgage debt outstanding increases by $36B

    Commercial banks saw the biggest increase in Q3, followed by life insurers.

    By • Dec. 19, 2022
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    Permission granted by Housing Trust Group
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    Q&A

    Florida developer: Affordable housing production could face ‘bloodbath’ in 2023

    Matthew A. Rieger said a concerted national effort is needed to fill the country’s housing gap.

    By • Dec. 16, 2022
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    Chip Somodevilla via Getty Images
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    Freddie Mac Multifamily adds 2 senior VPs

    The GSE has finalized its management team as experts expect it to take on more of the multifamily lending market in 2023.

    By • Dec. 16, 2022
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    Win McNamee via Getty Images
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    Fed raises main rate by half point, signals higher level in 2023

    Fed Chair Jerome Powell said that recent progress in reducing inflation is not enough to forestall increases in borrowing costs in 2023.

    By Jim Tyson • Dec. 15, 2022
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    Vadym Petrochenko via Getty Images
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    Multifamily servicing rates continue to increase

    The overall CRE servicing rate increased for the fourth month in a row.

    By • Dec. 14, 2022
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    Spencer Platt via Getty Images
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    Blackstone says it won’t force asset sales from BREIT

    News that the firm was limiting withdrawals from its $69 billion real estate income trust has led to speculation among multifamily watchers.

    By • Dec. 14, 2022
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    KentWeakley via Getty Images
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    Camden enters the BTR sector

    The apartment REIT has two projects in master-planned communities in its hometown of Houston.

    By • Dec. 13, 2022
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    Permission granted by The Milestone Group
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    DEALS + STARTS

    Milestone acquires 870 units in Northern Virginia

    By assuming the existing financing, the Dallas firm purchased three properties in Fairfax County.

    By • Dec. 9, 2022
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    Christopher Furlong via Getty Images
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    Small signs point to increasing delinquency rates

    Fannie Mae sees late loan payments decrease while they rise for Freddie Mac.

    By • Dec. 8, 2022
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    krblokhin via Getty Images
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    Apartment transactions plummet

    The sales market won't take off until interest rates stabilize, says CBRE exec.

    By • Dec. 6, 2022
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    Permission granted by TWG
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    Q&A

    Nonprofits help affordable developer in the land-buying process

    For companies like TWG that operate in colder climates, timing can help determine the success of a project.

    By • Dec. 2, 2022
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    Permission granted by Atlas Real Estate Partners
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    DEALS + STARTS

    How one owner scored a large profit on a Florida property

    Buying at the right time, property renovations and strong growth in Naples, Florida, helped Atlas.

    By • Dec. 2, 2022
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    Kwanchai_Khammuean via Getty Images
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    Material costs decline after 18 months of record highs

    Prices for most commodities have fallen significantly over the last two months, with the exception of ready-mix concrete. 

    By • Dec. 1, 2022
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    dk_photos via Getty Images
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    These states have the most student housing distress

    Although there are pockets of problems in some areas, delinquencies in apartments near colleges have fallen to the lowest rate in 15 years.

    By • Nov. 28, 2022
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    Nuthawut Somsuk via Getty Images
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    MBA: Multifamily originations declined 16% in Q3

    Lending fell 13% across commercial real estate as rising interest rates thwarted deal flow.

    By • Nov. 22, 2022
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    Permission granted by Meeks Partners
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    Multifamily investor announces addition to leadership team

    Kristi Nootens will manage the day-to-day operations of real estate investment manager CP Capital with Paul Doocy.

    By • Nov. 21, 2022
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    Permission granted by Haven Realty Capital
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    Haven, JP Morgan form $1B build-to-rent joint venture

    The newly announced partnership is yet another signal that institutions are bullish on single-family rentals.

    By • Nov. 18, 2022
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    Permission granted by Bonaventure
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    DEALS + STARTS

    Top apartment deals of Q3

    Go behind the scenes to see how some of this quarter’s biggest transactions took shape.

    By • Nov. 17, 2022
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    Win McNamee via Getty Images
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    FHFA cuts lending caps for Fannie, Freddie

    The new limits are slightly lower than in 2022 but should be adequate, according to observers.

    By • Nov. 17, 2022
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    sesame via Getty Images
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    Trepp: Servicing, delinquency rates drop

    Although problem loans remain rare in the apartment sector, some groups expect distressed buying opportunities in 2023 and 2024.

    By • Nov. 14, 2022