Capital Markets

Despite a decrease in originations, commercial and multifamily mortgage debt increased during the second quarter.

Rent collections have improved over the six months of the pandemic and are beginning to near 90%.

The firm set out regional expansion plans at the beginning of the year, and the pandemic hasn't impacted its plans.

MIG Real Estate has opened escrow on two new Opportunity Zone ground-up multifamily development projects in Fremont and Hollywood, a continuation of an investment strategy to reposition its portfolio in key urban markets.

Most investors are underwriting with rent delinquencies, but there hasn't been a dip in pricing expectations.

The average size of a single-family home has increased to nearly 3,300 square feet, while the average size of an apartment has decreased to 808 square feet.

The final closing total exceeded the $1 billion target.

There have 29 retail bankruptcies so far this year with 11 filed in July through mid-August.