“MBA is pleased that the Senate’s version of the bill maintains, and in several cases enhances, numerous pro-housing and economic development tax provisions that our Board-level Tax Task Force, representing both our single-family and commercial/multifamily members, advocated for.”
–MBA’s President and CEO Bob Broeksmit, CMB
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the full Senate’s passage of H.R. 1, the Republican-led tax and spending package.
Trepp, New York, reported that the CMBS delinquency rate rose in June, up 5 basis points to 7.13%.
The MBA Opens Doors Foundation announced that it raised $321,000 at its annual MBA Opens Doors Foundation Annual Charity Wine Auction during MBA’s Chairman’s Conference in Sea Island, Ga. The proceeds will support the Foundation’s mission of providing mortgage and rental assistance to families caring for critically ill or injured children, allowing parents and guardians to be by a child’s side during treatment without fear of losing their home.
Demand from hyperscalers and cloud service providers fueled record leasing volume in the first quarter CBRE’s Global Data Center Trends report found.
Yardi Matrix, Santa Barbara, Calif., reported multifamily performance remained strong in the first half of 2025. Nationally, multifamily advertised rent growth has been about 1%.
The Federal Home Loan Bank of San Francisco invested $52.6 million in a Fannie Mae bond issuance that will support the continuing affordability of 230 housing units for very low-income residents living near Fisherman’s Wharf in San Francisco.
Commercial and multifamily developments and activities from MBA important to your business and our industry.
“The necessity to create a viable, consistent and nationwide strategy for promoting the development and financing of more housing units for middle-income families is increasing everyday.”
–Daron Tubian, Head of Affordable Housing Investments at Barings and 2024 Chair of MBA’s Affordable Rental Housing Advisory Council.
The U.S. housing market remains shrouded in uncertainty, with little indication that record-high levels of unaffordability will ease anytime soon, a new report from the Harvard Joint Center for Housing Studies finds.
