Finance (Research Center)
Loans Originated for Non-Traditional Lenders Up 50% Since 2016
Private funds, mortgage REITs and other investor-driven debt providers accounted for nearly 13 percent of intermediated mortgages last year.
CMBS Annual Issuance
The spread between new-issue 10-year senior AAA bonds and swap rates averaged 80 basis points during 2018.
Number of Households Facing Moderate, Severe Burdens
An update from the Mortgage Bankers Association and Harvard’s Joint Center for Housing Studies on the striking post-recession changes in U.S. homeownership patterns.
2018 CMBS Delinquency Rates
The delinquency reading dropped in 10 of the 12 months of 2018. In total, the rate shed 178 basis points during 2018.
Yield Curve Concerns May Keep Rates Relatively Low
While the financial markets have been sending out alarm signals, the Federal Reserve is taking a wait-and-see-approach.
Delinquency Rates Still Low
Defaults for commercial and multifamily borrowers remained low in the third quarter of 2018, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Delinquency Report.
Manufactured Home Sector Beats U.S. Equity REIT Index
S&P Global Market Intelligence reports positive one-year total returns across property sectors, with the notable exception of office and retail.
Multifamily Lending Report
The multifamily mortgage market is large and diverse, with 2,554 lenders making 44,623 loans totaling a record $285 billion in 2017. But a small number of dedicated commercial real estate lenders are responsible for the overall dollar volume of loans.
Delinquency Rates and Range
Strong property fundamentals, low interest rates and ample financing options continue to support the ability of multifamily and commercial real estate investors to repay their mortgages.
Midyear Origination Volume Reaches Record High
Low long-term interest rates, growing property incomes and rising values continue to support new loan demand, with multifamily and industrial registering the strongest first-half 2018 activity.