Subject: Research (RES)

The collective loan portfolio of the 16 major publicly registered companies that specialize in originating short-term commercial mortgages shrunk by just more than 18% to $80.6 billion since 2022.

Construction starts for multifamily properties nationally numbered only 35,000 units in the second quarter, the lowest number since 2011, according to Marcus & Millichap's Institutional Property Advisors unit.

A total of 2,463 lenders originated 38,624 loans with a balance of $288.7 billion against apartment properties last year, according to a survey by the Mortgage Bankers Association. That's up from the $246.2 billion of loans that 2,520 lenders originated ...

Commercial Real Estate Direct Staff Report Independently operated apartment properties received 83.2% of rent payments on time in August, up 34 basis points from July but down from 85.4% a year ago, according to Chandan Economics. Despite the month-over-month improvement, ...

The vacancy rate for data centers in North America was 1.6% at the end of June, according to CBRE. That's a record low, topping the previous record of 2.8% set last year.

Commercial Real Estate Direct Staff Report The commercial mortgage holdings of life insurance companies generated a total return of 1.9% in the second quarter, according to the LifeComps Total Return Index compiled by Trepp Inc. While that's down from the 2.73% ...

Property prices declined marginally during the second quarter, according to the Trepp Property Price Index, or TPPI. Nonetheless, they're up 2.85% from the market's peak in mid-2022. Pricing was pulled down by the hotel sector.

The reclassification last month of the $1.04 billion loan against the 2.02 million-square-foot 1211 Ave. of the Americas office building in midtown Manhattan to nonperforming matured drove the volume of CMBS delinquent loans to $44.06 billion. That increase, however, could ...

Lending under the U.S. Department of Housing and Urban Development's various multifamily and healthcare programs increased by just more than 11% during the agency's third fiscal quarter, to $3.59 billion.

Office properties in Washington, D.C., are liable for $1.04 billion of property taxes during the latest fiscal year, which ends next month. That amounts to 4.7% of the district's $21.9 billion budget. Their tax liability, however, has declined over the ...