WASHINGTON, DC—"Sustained job growth as well as this year's descent in mortgage rates is undoubtedly driving the appetite for home purchases," including for-sale apartments, says Lawrence Yun at the National Association of Realtors.

WASHINGTON, DC—That's one goal of the National Multifamily Housing Council as it stages events at both the Republican and Democratic conventions. "More than ever we need to work with all levels of government to ensure our industry can meet the growing demand," says NMHC president Doug Bibby.

IRVINE, CA—Although homeownership ticked slightly upward in Q1, "trends suggest that more and more households will opt to rent, rather than own, in the near term," says Peter Muoio at Ten-X Research.

BOSTON—Brian Murdy's new role with the Berkshire Group marks a return to his investment advisory roots after serving as national director of investment sales for Marcus & Millichap's Institutional Property Advisors division.

ATLANTA—Or almost all the way. Colliers International's Will Matthews tells GlobeSt.com why class A represents more than 80% of new multifamily product in the nation's top 10 MSAs, and what this means for rents.

LONDON—The two new hires will be responsible for growing TIAA Global Asset Management's institutional base in the Nordic countries and for developing relationships with global and regional investment consultants, respectively.

NEW YORK CITY--The data analytics firm, which provides users with a comprehensive solution for processing and analyzing multifamily transactional data, added numerous clients on both the buy-side and brokerage side during the first half of 2016, GlobeSt.com has learned EXCLUSIVELY.

LONDON—The US-based bank's decision to acquire 33 Central from developer HB Reavis is seen as a shot in the arm for London's commercial real estate market following the UK referendum to leave the European Union.