MBA Opposes Biden Campaign’s Nationwide Rent Control Proposal
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on President Joe Biden’s campaign proposal to cap rents nationally.
CREF Policy Update: FHFA Announces New Resident-Centered Practices for GSE-backed Multifamily Properties
Commercial and multifamily developments and activities from MBA important to your business and our industry.
RealPage: Apartment Demand Remains Very Strong
RealPage, Richardson, Texas, found that year-to-date data points to 2024 shaping up to be one of the strongest years of apartment demand on record.
MBA Chart of the Week: State, Local Building Performance Standards
New York City has Local Law 97. Washington D.C. has its Building Energy Performance Standards (BEPS). Seattle has its Building Emissions Performance Standards (also BEPS). Denver has its Building Performance Policy (BPP).
JLL: Construction Costs Have Stabilized
The U.S. construction industry is adjusting to new demand patterns, according to JLL, Chicago.
Dealmaker: CBRE Secures $130M Construction Financing in Los Angeles
CBRE Capital Markets’ Debt and Structured Finance secured $130 million in construction financing for the development of a studio campus in the downtown Los Angeles Arts District.