According to the Mortgage Bankers Association’s (MBA) latest commercial real estate finance loan performance survey, delinquency rates for mortgages backed by multifamily properties increased in the first quarter of 2023.

Jamie Woodwell, MBA’s head of commercial real estate research, says there are multiple factors involved: “Higher and volatile interest rates, coupled with uncertainty about property values and some property fundamentals, are suppressing sales transaction and mortgage origination volumes. Some loans maturing into these conditions are likely to face increased frictions, which is likely to push further on delinquency rates in coming quarters.”

Despite challenges faced by different sectors, the multifamily industry has shown resilience and stands in a relatively favorable position. In fact, recent data reveals that multifamily properties experienced substantial loan volume in comparison to other sectors. According to a separate report, multifamily properties accounted for the highest loan volume last year, reaching an impressive $437 billion in total lending, with mortgage bankers' originations amounting to $333 billion.

This data serves as a testament to the resilience and robustness of the multifamily industry, further cementing its position as a reliable asset class. Real estate professionals and investors looking for opportunities in a challenging market can find solace in the strong performance and continued growth of the multifamily sector.

Maximize your commercial property investments with expert guidance from the Soundview Commercial Capital team. Whether it's multifamily, office, industrial, or senior housing, we've got you covered. Connect with us today at this link and unlock the full potential of your investments.

Your reputation is in your hands. While you can't control what others say about you, you have full control over how you respond. Gain valuable insights from the MHN Executive Council as they share their top tips for effective reputation management.

Whether it's feedback from your residents about your community or the overall image of your company, your image matters. In the featured article, you'll discover proven strategies to manage and enhance your reputation by learning how to navigate online reviews, engaging with your audience on social media, and building a positive perception that resonates with prospects and residents alike.

Embrace the power of reputation management. Be proactive, respond strategically, and watch it soar to new heights. Read the full article linked below and take charge of how people perceive your property and company:

Did you know that according to market research by Builders Design, 87% of residents consider amenities when signing or renewing a lease?

In today's competitive rental market, amenities play an important role in tenant satisfaction and leasing success. From communal spaces and fitness centers to high-tech features and pet-friendly offerings, it's crucial to learn how to craft amenity spaces that make your property stand out from the rest.

By embracing the art of amenity design, you can make a lasting impression on today's discerning renters. Read the article linked below for valuable guidance on identifying the amenities that resonate with the modern renter and optimizing their design and functionality:

Steve Enfield

Managing Director

1 (425) 736-2780

steve.enfield@SoundviewCC.com

Mike Cassell

Vice President

1 (503) 330-8323

mike@SoundviewCC.com