MBA CONVERGENCE Environmental Scan Examines Affordable Rental Housing Challenges, Opportunities
MBA CONVERGENCE, the national strategy by the Mortgage Bankers Association to bring together lenders, community leaders and public officials for new solutions to America’s affordable housing challenges, released an Environmental Scan examining affordability challenges in rental housing markets.
CREF Policy Update Sept. 23, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
MBA Chart of the Week: Teleworking Due to Pandemic
The COVID-19 pandemic has forced many businesses to change the way they operate, and even 18 months later, there are different views and strategies for the workplace, with teleworking at the center of many discussions.
Single-Family Rent Growth Reaches Another Record
CoreLogic, Irvine, Calif., said single-family rent growth reached 8.5 percent year-over-year in July, up from a 7.5 percent year-over-year rate in June.
State of Construction Finance: An Interview with Rabbet CEO Will Mitchell
Commercial real estate is constantly evolving with older buildings occasionally going offline or being renovated as they age whilst new buildings are constructed. Rabbet, Austin, Texas, a service provider to lenders and developers engaged in construction recently released its 2021 State of Construction Finance report. MBA Newslink interviewed Rabbet CEO Will Mitchell to get a sense of what’s happening in the world of construction.
Personnel News From Berkadia, Eastern Union
Berkadia, New York, expanded its proprietary lending platform by launching the BRC Multifamily Bridge Loan Fund LP, an open-ended fund managed by Berkadia Capital Advisors LLC. The firm hired Chuck Lee as Senior Managing Director of Capital Markets.
August Apartment Market Performance Surges
August set records for U.S. apartment rent growth and occupancy, reported RealPage, Richardson, Texas.
Life Insurance Commercial Mortgage Returns Bounce Back
Trepp LLC, New York, said commercial mortgage investments held by life insurance companies bounced back in the second quarter after turning negative in early 2021.
Commercial/Multifamily Briefs from Green Street, Freddie Mac
Green Street, Newport Beach, Calif., added U.S. Sales Comps to its web-based intelligence and analytics platform. Green Street’s U.S. Sales Comps provides accurate and comprehensive coverage of transactions valued at $5 million and up, plus proprietary macro, sector and market analytics.
Commercial Property Appreciation Accelerates for 5th Straight Month
Commercial property prices just keep increasing, according to reports from CoStar, Washington, D.C. and Green Street, Newport Beach, Calif.
