NEWPORT BEACH, CA—"We wouldn't go as far as calling real estate cheap today, but it does appear more fairly valued on a relative basis," says Green Street Advisors' Andy McCulloch.

MCLEAN, VA—The increases in multifamily loan origination are moderating along with other fundamentals, but Freddie Mac expects growth in the sector to continue at above pre-recession levels.

NEW YORK CITY—Although the "body count" from the current wave of 10-year CMBS maturities is likely to be lower than once feared, "the ride certainly won't be bump-free," according to Trepp LLC.

SANTA BARBARA, CA—Trailing three-month rent increases in Sacramento are pretty evenly divided between working-class Renter by Necessity and upscale Lifestyle apartments; in other metro areas, there's greater bifurcation, says Yardi Matrix.

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."