Tuesday, December 20, 2011

In Third Quarter, CRE Markets Continued Many Trends Seen in First Half of 2011, Mortgage Bankers Association Reports


                                       
  WASHINGTON, DC, Dec. 20, 2011 -- The Mortgage Bankers Association (MBA) released its third quarter Commercial Real Estate/Multifamily Finance Quarterly Data Book.

 The third quarter brought with it a continuation of many of the commercial real estate trends seen through the year - moderate economic growth, property fundamentals thriving for apartment buildings and stabilizing for other property types and progress in loan performance.

Impacts from the financial unrest associated with US and European sovereign debt markets were also evident - pushing interest rates lower and sidelining the CMBS market that is most closely tied to the broader capital markets. The net result has been low overall yields and increased overall financing, but uncertainty about where future risks and opportunities may (or may not) lie.

The Data Book compiles the most up-to-date information on topics of interest to commercial/multifamily real estate finance industry participants and observers, including trends in property sales, originations, delinquencies and mortgage debt outstanding. 

 If you have any questions, please contact Matt Robinson at (202) 557-2727 or mrobinson@mortgagebankers.org.

No comments: