Commercial/multifamily mortgage debt outstanding increased by $60.7 billion (1.5 percent) in the second quarter, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding report.
The Federal Housing Finance Agency said Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property owners as needed, subject to tenant protections the agency imposed during the pandemic.
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Last week, the Securities and Exchange Commission gave companies a preview of how it will look at their climate-related disclosures. Specifically, the SEC’s Division of Corporate Finance released a sample letter detailing the sorts of hard questions and requests the SEC will consider when they conduct a review of a company’s disclosures related to climate change.
Kim Betancourt is Fannie Mae’s Senior Director of Economics and Multifamily Research. She manages a team of real estate economists that focus exclusively on the multifamily sector. They analyze current economic conditions at both the national and local level, determining their impact on the multifamily sector and identifying future trends.
The large-market office sector recovery lost momentum in August amid renewed concerns about COVID-19 variants, reported CBRE, Dallas.
The Consumer Financial Protection Bureau released a report warning that millions of renters and their families may suffer previously avoided economic harms of the COVID-19 pandemic as federal and state relief programs end.
The MBA Opens Doors Foundation announced it received $3.2 million in corporate and individual donations during its first two days of the FY 2022 fundraising campaign, September 8-9.
Grandbridge Real Estate Capital LLC hired Donald Billingsley as a Mortgage Loan Officer on its Atlanta loan origination team.
Walker & Dunlop, Bethesda, Md., arranged $30.3 million in construction financing for The Clublands of Antioch by Moda Homes, a 110-unit single-family rental community in Antioch, Ill.
CBRE, Dallas, launched Healthcare Shield, a suite of processes, technology, training and assessments designed to help healthcare clients achieve compliance standards.