MPA, Oct. 27, 2023-Candyd MendozaThe Mortgage Bankers Association (MBA) recently updated its forecast, signaling a significant downturn in commercial and multifamily mortgage borrowing and lending for this year.Click here for more
Category: Top National News
Industry Leaders Applaud Biden’s Plans to Transform Empty Offices Into Homes
MPA, Oct. 30, 2023-Candyd MendozaThe White House’s plan to repurpose commercial properties into residential units as a solution to the housing crisis has sparked a wave of reactions across the …
White House Touts Support for Commercial-to-Residential Conversions
National Mortgage News, Oct. 30, 2023-Spencer LeeThe Biden administration provided updates to its housing supply action plan on Friday to emphasize its support of converting vacant commercial properties to affordable …
How the Multifamily Industry Survived 2023
GlobeSt.com, Oct. 23, 2023–Natalie DolceThere was a brief window in which borrowers were able to shift to five-year fixed-rate loans but mainly it has been a volatile year.Click here for …
Dismal Lending Year to Turn Up in ‘24
Commercial Property Executive, October 23, 2023–Lew SichelmanWhen the dust clears on 2023, lending and borrowing in the commercial real estate market will be roughly half what it was in 2022. …
How WeWork’s Bankruptcy Would Ripple Through Commercial Real Estate
Commercial Observer, Oct. 23, 2023-Mark HallumIs WeWork (WE) in danger of becoming WeWorked?Click here for more (subscription)
How the Multifamily Industry Survived 2023
GlobeSt.com, Oct. 23, 2023–Natalie DolceThere was a brief window in which borrowers were able to shift to five-year fixed-rate loans but mainly it has been a volatile year.Click here for …
Upswing in Office Delinquencies Add to Commercial Real Estate Distress
MPA, Oct. 23, 2023-Candyd MendozaMortgage delinquency rates for commercial and multifamily properties rose for the fourth consecutive quarter, with office delinquencies driving the increase in the third quarter.Click here for …
There’s Never Been a Worse Time to Buy Instead of Rent
The Wall Street Journal, Oct. 22, Carol RyanGetting on the property ladder has rarely been tougher for first-time buyers. But a tight housing market isn’t turning out to be a …
1 Big Thing: How the Fed Chief Interprets the Bond Rout
Axios, Oct. 20-2023-Neil IrwinLate yesterday, the benchmark 10-year U.S. Treasury yield surpassed 5% for the first time since 2007 (it has since retreated a bit). Today, we go deep on Federal …