CREF Policy Update Oct. 5: Congress Passes Stopgap Funding Bill to Avert Government Shutdown
Commercial and multifamily developments and activities from MBA important to your business and our industry.
CBRE Finds Office Conversions More Than Doubling
CBRE, Dallas, found nearly 100 office-conversion projects are slated to be completed in major U.S. cities this year. That’s more than double the average of 41 per year from 2016 to 2022.
MBA Chart of the Week: FOMC Summary of Economic Projections for Fed Funds Rate
In this week’s MBA Chart of the Week, we track changes in policymakers’ quarterly published SEP federal funds rate forecasts over the last eleven quarters.
Construction Spending Increases Again
The U.S. Census Bureau reported construction spending increased in August to a seasonally adjusted annual rate of $1,983.5 billion, 0.5 percent above the bureau’s revised July estimate.
Dealmaker: JLL Arranges $96.5M Construction Loan in Arizona
JLL Capital Markets, Chicago, originated a $96.5 million construction loan for a logistics development in Glendale, Ariz., near Phoenix.
Support the Next Generation of CREF Professionals
The Commercial Real Estate Finance Careers Student Fellowship program provides college students, including those from groups traditionally underrepresented in the industry, with a package of networking and educational opportunities centered on the $4.5 trillion commercial real estate finance industry.
MISMO Seeks Nominations for Standards Governance Committee Members by Oct. 6
MISMO, the real estate finance industry’s standards organization, seeks nominations for qualified industry professionals to serve on MISMO’s Standards Governance Committees for a two-year term beginning in January 2024. Positions are available on both the Residential and Commercial Standards Governance Committees.
