Administration Announces Steps to Increase Affordable Housing Supply
The Biden Administration on Wednesday announced a number of steps aimed at creating, preserving and selling to homeowners and non-profits nearly 100,000 additional affordable homes for homeowners and renters over the next three years, with an emphasis on the lower and middle segments of the market.
CFPB Proposed Rule Focuses on Small Business Access to Credit
The Consumer Financial Protection Bureau on Wednesday proposed a new rule aimed at increasing transparency in the small business lending marketplace.
MBA CONVERGENCE Webinar Sept. 16–Mayors and Affordable Housing: Perspective from City Hall
MBA CONVERGENCE presents the next in its Webinar Series, Mayors and Affordable Housing: Perspective from City Hall, on Thursday, Sept. 16 from 1:30-2:15 p.m. ET.
CREF Policy Update Sept. 2, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Fitch Ratings: Small U.S. Banks Most Exposed to Commercial Real Estate Losses
Fitch Ratings, Chicago, said the U.S. commercial real estate market will likely see deteriorating credit metrics once stimulus measures wind down and forbearance programs expire, with smaller CRE-concentrated banks more susceptible to elevated losses, which are expected to peak below levels seen in the past.
Office Market Seeing Nascent Recovery
Activity in the 12 largest U.S. office markets indicates many have started their recovery from the pandemic-induced downturn, reported CBRE, Dallas.
Optimistic Commercial Real Estate Outlook Varies by Sector
Commercial real estate executives have an optimistic but staggered outlook for the next 12 months, reported Transwestern, Houston.
Personnel News From JLL, Lument
JLL Capital Markets, Chicago, hired Melissa Marcolini Quinn and Lee Weaver as Senior Managing Directors to oversee their respective office’s debt and equity platform.
July Sales Activity Expands as Price Growth Accelerates
Real Capital Analytics, New York, reported commercial real estate sales activity climbed in July and the rate of price growth accelerated.
Hybrid Work Arrangements Unlikely to Stress Office Sector
Moody’s Analytics REIS, New York, said the office sector is unlikely to see a massive decline in demand for space and values per square foot due to increased hybrid work-from-home arrangements.
Commercial and Multifamily Briefs From KKR, JLL
KKR, New York, formed Strategic Lease Partners, a new platform to invest in triple-net lease real estate.
