SAN DIEGO–MBA President and CEO Bob Broeksmit, CMB, highlighted challenges to the commercial real estate finance industry–from Basel III to affordability–here at the MBA Commercial/Multifamily Finance Convention and Expo.
Category: News and Trends
DLA Piper: ‘Community’ Theme Among 2023 Commercial Real Estate Trends
DLA Piper, London, released its 2023 Year-End Real Estate Trends report, noting that its transaction volume has begun to resemble pre-pandemic levels. In terms of what that environment looks like, the firm reported community–where people live and the goods and services they want close to home–was a recurring presence.
CMF Quote of the Week: Feb. 15, 2024
“Our mission is simple: While you strengthen communities across the country, we strengthen you by shaping policy at the highest levels.”
–From the prepared remarks of MBA President & CEO Bob Broeksmit, CMB, speaking at MBA’s CREF24 conference in San Diego
CREF Policy Update Feb. 15: Broeksmit Defends Nonbanks; MBA Updates Property Inspection Form Ratings Definitions; Rent Control Fight in Washington
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Down Payment Resource Study: 135 Homebuyer Assistance Programs Added in 2023
Down Payment Resource, Atlanta, released its Q4 2023 Homeownership Program Index Report, finding there were 135 homebuyer assistance programs introduced throughout the year, during a period when home affordability has been top-of-mind for many.
DLA Piper: ‘Community’ Theme Among 2023 Commercial Real Estate Trends
DLA Piper, London, released its 2023 Year-End Real Estate Trends report, noting that its transaction volume has begun to resemble pre-pandemic levels. In terms of what that environment looks like, the firm reported community–where people live and the goods and services they want close to home–was a recurring presence.
CMBS Delinquency Rate Ticks Upward: Trepp
The CMBS delinquency rate rose modestly in January, increasing 15 basis points to 4.66%, according to Trepp, New York.
MISMO Publishes Update to Engineering Guideline for Class Words
MISMO, the real estate finance industry’s standards organization, yesterday announced the publication of the updated MISMO Engineering Guideline (MEG) 7.
CBRE’s Investor Intentions Survey Shows Improved Sentiment
CBRE, Dallas, released its 2024 U.S. Investor Intentions Survey finding that investor sentiment has greatly improved, but concerns such as higher-for-longer interest rates, tight credit conditions and differing buyer and seller expectations still weigh on the industry.
Dealmaker: Berkadia Completes Transactions for Virginia Multifamily Property
Berkadia, New York, completed a $38.5 million sale of a multifamily property in Norfolk, Va.