Appraisal Institute News

Mar 18, 2020 12:30 PM

Commercial Real Estate Lenders Worried About Impact of FASB Rules on Borrowers

New rules from the Financial Accounting Standards Board that took effect in January have some commercial real estate lenders concerned about operational burdens and their possible impact on borrowers, National Real Estate Investor reported March 10. The new methodology requires lenders to calculate and recognize the lifetime expected loss of the loan at origination.

Mar 11, 2020 12:30 PM

Buyers Overpaid $34B for Homes in Flood Plains: Research

At least 3.8 million homes in the U.S. are in flood plains and may be overvalued by $34 billion, according to research released March 2 by the National Bureau of Economic Research, Bloomberg reported. The research revealed that markets don’t incorporate risks from flooding and climate-related disasters.

Mar 11, 2020 12:30 PM

Supreme Court Expected to Weaken CFPB, Not Shutter It

The Supreme Court signaled its plans to weaken the Consumer Financial Protection Bureau, but not shutter the agency created in the wake of the financial crisis, CNBC reported March 3. The court heard oral arguments in a case questioning the agency’s constitutionality and the powers of its director.

Mar 11, 2020 12:30 PM

Coronavirus Expected to Have Limited Impact on Most Commercial Real Estate: CBRE

Coronavirus isn’t expected to have a significant long-term effect on the commercial real estate sector, but the short-term impact likely will be focused on hospitality and retail in major cities, according to real estate firm CBRE, MBA NewsLink reported March 4. CBRE noted that effect on the office and multifamily sectors likely will be minimal.

Mar 04, 2020 12:49 PM

Strong Investor Demand, Steady Economic Expansion to Stabilize Cap Rates: CBRE

Strong demand for commercial real estate from domestic and foreign investors as well as moderate economic growth should keep cap rates mostly stable, according to the North America Cap Rate Survey from real estate firm CBRE, MBA NewsLink reported Feb. 26. The survey predicted cap rate stability during the first half of the year across most property types.

Mar 04, 2020 12:30 PM

AI Opposes Call for More Appraisal Standards by Biden

Responding to presidential candidate Joe Biden’s call to “establish a national standard for housing appraisals,” the Appraisal Institute said March 2 that a new standard is “unnecessary … because one already exists.”

Mar 04, 2020 12:30 PM

HUD Seeks Feedback on Foreclosure, Appraisal Policies

The U.S. Department of Housing and Urban Development is seeking feedback by March 9 from mortgage servicers and others regarding a proposed set of foreclosure-sale policy improvements — including one that addresses a concern about appraisal policies used to set pricing parameters utilized in foreclosure sales, National Mortgage News reported Feb. 25.

Feb 26, 2020 12:30 PM

Opportunity Zones Boost Median Home Prices, Data Shows

The median home price increased more than the national average in almost half of all opportunity zones between the fourth quarter 2018 and fourth quarter 2019, analytics firm ATTOM Data Solutions reported Feb. 20. Arizona, New Jersey, North Carolina, Ohio and Pennsylvania had the most zones with prices higher than the national average.

Feb 26, 2020 12:30 PM

"Transformative" Demand for Life Science Properties: Report

The demand for lab space, diagnostic centers and healthcare facilities is expected to significantly increase within the next few years, and could reach “transformative” levels, according to the “Life Sciences 2020: The Future is Here” report from real estate firm Cushman & Wakefield, MBA NewsLink reported Feb. 19.

Feb 26, 2020 12:30 PM

Commercial Real Estate Lending Environment Remains Favorable, According to CBRE

While the lending environment for commercial real estate was virtually unchanged between the third and fourth quarters, it was up 4.2% from the same point a year ago, according to commercial real estate firm CBRE, MBA NewsLink reported Feb. 19. Favorable capital markets are expected to support strong lending activity throughout the year.

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AI News

Commercial Real Estate Lenders Worried About Impact of FASB Rules on Borrowers

Buyers Overpaid $34B for Homes in Flood Plains: Research

Supreme Court Expected to Weaken CFPB, Not Shutter It

Coronavirus Expected to Have Limited Impact on Most Commercial Real Estate: CBRE

Strong Investor Demand, Steady Economic Expansion to Stabilize Cap Rates: CBRE

AI Opposes Call for More Appraisal Standards by Biden

HUD Seeks Feedback on Foreclosure, Appraisal Policies

Opportunity Zones Boost Median Home Prices, Data Shows

"Transformative" Demand for Life Science Properties: Report

Commercial Real Estate Lending Environment Remains Favorable, According to CBRE