AGP Executive Report
Last update: 2 hours agoMultifamily Credit: U.S. apartment-loan stress is worsening: the CMBS servicing rate reached 9.22% in October, while delinquencies hit 8.09%, their highest level since 2015. A troubled $210 million loan on a 283-unit California property helped drive the pressure. Housing Markets: U.S. home prices fell for the first time in three years, and condo sellers now outnumber buyers by more than two to one, pointing to a tougher market for sellers. New Supply: Vermilion, Ohio, has begun work on a 100-home development, with two more projects totaling roughly 400 homes in planning. Rental Regulation: A $49.75 million FTC settlement with Progress Residential extends federal scrutiny of rental-housing practices beyond fee transparency. Global Investment: DLF and GIC’s Indian rental venture reported a 9% rise in rental income, while Link REIT confirmed a S$239.5 million purchase of a controlling stake in Singapore’s Eastpoint Mall. Abu Dhabi property transaction value rose 76% in the first nine months of 2026.
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