FHFA Finalizes 2022-2024 Single-Family, 2022 Multifamily Housing Goals
The Federal Housing Finance Agency released benchmark levels for Fannie Mae and Freddie Mac single-family housing goals for 2022 through 2024 and benchmark levels for multifamily housing goals for 2022.
CREF Policy Update Dec. 23, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Earvin “Magic” Johnson to Speak at CREF22
Entrepreneur, philanthropist, NBA legend and two-time Hall of Famer Earvin “Magic” Johnson will speak at the Mortgage Bankers Association's Commercial Real Estate Finance/Multifamily Housing Convention & Expo.
U.S. Office Transactions Overtake 2020 Volume; Vacancies Stable
Office sales completed through November exceeded $68 billion, surpassing last year’s total volume by 11 percent, reported Yardi CommercialEdge, Santa Barbara, Calif.
Personnel News from Berkadia, Avison Young
Berkadia added Managing Director Matthew Nelson to its mortgage banking platform. He will be based in the firm's New York office and will focus on growing Berkadia small loans across the Northeast.
Hotel Performance Improving, But COVID-Variant Threat Persists
CBRE, Dallas, said average daily rate gains and a 35 percent year-over-year occupancy increase showed demand for U.S. hotels endured in Q3 despite the Delta variant.
Multifamily Returns See Record Growth
SitusAMC, New York, reported multifamily investment returns grow in the third quarter as rents grew to record highs.
CMBS Liquidation Volume Jumps
Commercial mortgage-backed securities liquidation volume bounced back after a pandemic-related pause, analysts said.
MBA Opens Doors Foundation Tops $4.24 Million in 2021 Housing Assistance
The MBA Opens Doors Foundation announced it granted $4.24 million in assistance to 1,784 families with critically ill or injured children in 2021.
October Single-Family Rent Growth Triple 2020 Rate
CoreLogic, Irvine, Calif., said single-family rent growth reached 10.9 percent year-over-year in October, up more than three-fold from 3.2 percent a year ago.