SAN DIEGO–Property condition reports and inspections are more critical than ever as poor property conditions and deferred maintenance increasingly drive insurance risk and higher coverage costs, panelists said Monday at MBA’S CRE Servicing Solutions Conference.
Category: News and Trends
Christine Chandler: CRE Market Adapting to Higher-Rate Environment
SAN DIEGO–The commercial real estate market is showing it can adapt to a higher-rate environment, and that means more opportunities for lenders and more servicing activity, MBA Chair Christine Chandler said here at MBA’S CRE Servicing Solutions Conference.
Bob Broeksmit: MBA Working to Ensure Reform Done ‘Right’
NEW YORK–The Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, took the stage at the association’s Secondary and Capital Markets Conference May 18, emphasizing the importance of affordability and reform.
CBRE: Commercial Real Estate Lending Activity at Five-Year High
CBRE, Dallas, released its Lending Momentum Index for Q1, finding that commercial real estate investment volume increased by 19% year-over-year in the quarter to $117 billion.
Dealmaker: M&T RCC Closes $25M Bridge Financing for New Jersey Property
M&T Realty Capital Corp., Baltimore, closed a $25 million bridge loan in partnership with Eminent Capital, Lakewood, N.J. The loan will support the acquisition and lease-up stabilization of a newly constructed multifamily community in Burlington, N.J.
MBA Urges House to Pass Amended 21st Century ROAD to Housing Act
The Mortgage Bankers Association May 18 sent a letter to House leadership, urging the passage of the amended version of the 21st Century ROAD to Housing Act this week.
Trimont Receives MBA’s Commercial/Multifamily Educator of the Year Award
SAN DIEGO–Trimont, Atlanta, received MBA’s Commercial/Multifamily Educator of the Year Award here at MBA’s CRE Servicing Solutions conference on Tuesday.
20 Mortgage Servicers Earn CCMS Designation at MBA CRE Servicing Solutions Conference
SAN DIEGO–Twenty mortgage servicers earned their Certified Commercial Mortgage Servicer designations here at the Mortgage Bankers Association’s Commercial Real Estate Servicing Solutions Conference.
Dodge Momentum Index Accelerates 6% in April
The Dodge Momentum Index, issued by the Dodge Construction Network, Boston, increased 6.2% in April to 264.2 (2000=100). Over the month, commercial planning grew 8.1% and institutional planning momentum improved 1.5%.
CREF Policy Update: MBA Backs Amendment to Senate Housing Package; Kevin Warsh Confirmed as Fed Chair; HUD Secretary Turner Talks Funding at House, Senate Hearings
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