WASHINGTON, DC—However, spending on private-sector multifamily, office and hotel construction is up by double-digit percentages from a year ago, according to Census Bureau figures.

SEATTLE—In the Pacific Northwest and other Millennial strongholds, apartment developers are taking extra steps to set their projects apart, Berkadia's David Sorensen tells GlobeSt.com.

WASHINGTON, DC—Multifamily continues to be the US growth leader, posting the strongest rate of annual price gains among the four major property types, according to CoStar.

WASHINGTON, DC—The Mortgage Bankers Association's Jamie Woodwell says low interest rates and strong commercial property market fundamentals helped keep overall borrowing levels "on pace with last year's strong level."

LONDON—Preqin's survey of 191 private equity real estate fund managers finds that asset valuations remain their chief concern, with 49% calling it the biggest challenge they'll face over the next year.

SEATTLE—Eleven of the 15 multifamily markets analyzed by Zillow experienced double-digit rent appreciation among low-end apartments, although most new supply is higher end.

IRVINE, CA—Amid the general upward trend in valuations, Ten-X's Peter Muoio notes that "we are noticing distinct differences across the five major property sectors, with each telling its own story."

MCLEAN, VA—"Property price and NOI growth continue to outperform their historical averages" in the majority of metro areas covered by Freddie Mac's quarterly Apartment Investment Market Index, says VP Steve Guggenmos.