Invesco Fund Offers Access to Private Real Estate Credit
Invesco Real Estate has established Invesco Commercial Real Estate Finance Trust Inc. (INCREF), a private fund focused on bringing private real estate credit to...
KBRA Research: CMBS Delinquency Rate Down
The KBRA report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the May 2023 servicer reporting period shows the delinquency rate...
Freddie Mac Multifamily AIMI Rises in First Quarter
In the first quarter, the Freddie Mac Multifamily Apartment Investment Market Index (AIMI) rose by 5.3%, but it decreased year over year, with the...
Nordicus Partners Agrees to Sizable Stake in Mag Mile Capital
Nordicus Partners Corp., a financial consulting concern that specializes in helping Nordic companies establish themselves in the United States market, has entered a stock...
Commercial Mortgage Delinquencies Rise
According to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Delinquency Report, commercial and multifamily mortgage delinquencies increased in the first quarter of 2023.
“Ongoing stress...
Commercial Mortgage Origination Volumes Slid Steeply in Q1
Commercial mortgage loan originations were 56 percent lower in the first quarter of 2023 compared to a year ago and decreased 42 percent from...
Commercial Mortgage Banking Activity Dropped Off Slightly in 2022
The Mortgage Bankers Association’s 2022 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation shows that total commercial real estate mortgage borrowing and lending equaled...
Multifamily Apartment Investment Market Index Continues to Fall
The Freddie Mac Multifamily Apartment Investment Market Index (AIMI) fell by 7.6% in the fourth quarter of 2022, with the index down 25.8% year...
Constellation Insurance Selects SS&C for Commercial Mortgage Management
SS&C Technologies Holdings Inc. says Constellation Insurance Inc. has selected SS&C Precision LM to help manage its growing commercial mortgage portfolio.
Precision LM loan origination...
Regions Bank Implements Blooma Commercial Mortgage Lending Suite
Regions Bank has adopted Blooma’s commercial real estate lending solution, a cloud-based platform that automates manual portions of the lending workflow and connects various...
MBA Expects Commercial Mortgage Activity to Drop Off 15 Percent in 2023
The Mortgage Bankers Association anticipates that total commercial mortgage borrowing and lending is expected to fall to $684 billion this year - a 15%...
Freddie Mac Multifamily Production Volume Reaches LIHTC Record of Nearly $1 Billion
Freddie Mac Multifamily’s 2022 production volume totaled $73.8 billion, including a record of nearly $1 billion in Low-Income Housing Tax Credit (LIHTC) equity investments....
Legacy Bank and Trust Acquires Crain Mortgage, Rebrands as Legacy Capital
Legacy Bank and Trust Co. and its holding company, OHFG Inc., have acquired Crain Mortgage Group LLC, a Dallas-based provider of secondary market FHA/HUD...
Commercial, Multifamily Delinquency Rates Climb Slightly in Q4
Delinquency rates for mortgages backed by commercial and multifamily properties increased slightly through the fourth quarter of 2022, according to the Mortgage Bankers Association's...
Freddie Mac Issued $65 Billion in Securities Through Multifamily Platform
Freddie Mac says it issued $65.1 billion of securities through its multifamily risk transfer platform in 2022. The company settled $46.5 billion in K-Deals...
MBA Predicts 5 Percent Drop in Commercial Mortgage Activity in 2023
Total commercial and multifamily mortgage borrowing and lending is expected to fall to $700 billion this year, which is a 5% decline from an...
Freddie Mac Projects Multifamily Origination Market Will Slow Down in 2023
The multifamily market will continue to cool off in 2023, according to the Freddie Mac Multifamily 2023 Outlook, with rent growth moderating, vacancies ticking...
Steve Johnson, Bill Buskirk Serving in New Freddie Mac Multifamily Roles
Freddie Mac Multifamily has named two personnel to senior vice president roles. Steve Johnson will be head of production and sales, a position he...
Q3 2022 Saw $70 Billion Increase in Commercial, Multifamily Mortgage Debt Outstanding
The level of commercial/multifamily mortgage debt outstanding increased by $70 billion (1.6%) in the third quarter of 2022, according to the Mortgage Bankers Association’s...
MBA Finds Commercial, Multifamily Mortgage Delinquency Rate Stayed Low in Q3
Commercial and multifamily mortgage delinquencies remained low in the third quarter of 2022, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Delinquency Report.
Based...