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MBA Forecast: Commercial/Multifamily Lending Expected to Fall 46% to $442 Billion in 2023
Total commercial and multifamily mortgage borrowing and lending is expected to fall to $442 billion this year, a 46% decline from 2022’s total of $816 billion. This is according to an updated baseline forecast released today by the Mortgage Bankers Association.
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CREF Policy Update Oct. 26
Commercial and multifamily developments and activities from MBA important to your business and our industry.
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MBA’s Future Leaders Program Graduates 74 Real Estate Finance Professionals
PHILADELPHIA--The Mortgage Bankers Association recognized 74 mortgage professionals – 35 from the residential market segment and 39 from the commercial/multifamily market segment – in a graduation ceremony for MBA’s Future Leaders Program held here at MBA’s 2023 Annual Convention & Expo.
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CoreLogic: Annual Single-Family Rent Growth Moderates, but Price Squeeze Persists
Annual single-family rent growth slowed to 2.9% in August, the sixteenth consecutive month of declines, according to CoreLogic, Irvine, Calif.
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Dealmaker: Cushman & Wakefield Arranges $223M Refinancing for Connecticut Portfolio
Cushman & Wakefield, Chicago, served as exclusive adviser to the ownership group in procuring $223 million to refinance the Harbor Point portfolio in Stamford, Conn.
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Nov. 9: CREF Career Conversations
Commercial/multifamily finance presents a wide array of career opportunities with its ecosystem of companies, roles, and functions supporting the capital needs of real estate owners and operators. Join MBA Education and industry executives for a discussion to explore career trajectories, pivots, and leadership lessons learned.