North America Commercial Real Estate News
North America Commercial
U.S. Commercial, Multifamily Mortgage Delinquencies Declined in April
According to the Mortgage Bankers Association's latest monthly CREF Loan Performance Survey, delinquency rates for U.S. mortgages backed by commercial and multifamily properties decreased again in April 2021, reaching the lowest level since the onset of the COVID-19 pandemic.
Import Surge Fuels Demand for Warehouse Space by U.S. Seaports
Global real estate consultant CBRE, industrial markets at major U.S. port cities have come under additional strain from big increases in U.S. imports, fueling demand for warehouse space in markets with already scant availability.
Big-Box Industrial Transactions Up a Record 25 Percent in U.S.
Global property consultant CBRE, the top North American markets for large warehouses (200,000 sq. ft. or larger) saw record transaction activity in 2020, with the total number rising 25 percent.
Commercial Mortgage Bankers in U.S. Originated $441.5 Billion in 2020
According to the Mortgage Bankers Association's 2020 Commercial Real Estate / Multifamily Finance Annual Origination Volume Summation, commercial and multifamily mortgage bankers closed $441.5 billion of loans in 2020.
North America Commercial Property News
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