Commercial and multifamily developments and activities from MBA important to your business and our industry.
Category: News and Trends

Dealmaker: Berkadia Secures $26M in Financing for Land Rover Dealership in Los Angeles
Berkadia, New York, announced it secured $26 million for the financing of Land Rover Los Angeles, a dealership and service center.

Nov. 9: CREF Career Conversations
Commercial/multifamily finance presents a wide array of career opportunities with its ecosystem of companies, roles, and functions supporting the capital needs of real estate owners and operators. Join MBA Education and industry executives for a discussion to explore career trajectories, pivots, and leadership lessons learned.

CMF Quote of the Week: Sept. 21, 2023
“Commercial and multifamily mortgage debt outstanding rose again in the second quarter, driven by increases in the mortgage holdings of life companies, the GSEs, banks, and other depositories.”
–Jamie Woodwell, MBA’s Head of Commercial Real Estate Research

Support the Next Generation of CREF Professionals
The Commercial Real Estate Finance Careers Student Fellowship program provides college students, including those from groups traditionally underrepresented in the industry, with a package of networking and educational opportunities centered on the $4.5 trillion commercial real estate finance industry.

Nov. 9: CREF Career Conversations
Commercial/multifamily finance presents a wide array of career opportunities with its ecosystem of companies, roles, and functions supporting the capital needs of real estate owners and operators. Join MBA Education and industry executives for a discussion to explore career trajectories, pivots, and leadership lessons learned.

CMF Quote of the Week: Sept. 14, 2023
“Property insurance is the first line of financial defense for homeowners, commercial owner/operators, and lenders in the event a property is damaged. The availability and affordability of property insurance impacts these groups directly, but also has downstream impacts on the broader real estate market, including lending, construction, and the availability of affordable housing – for both renters and homeowners.”
–MBA Senior Vice President of Legislative and Political Affairs Bill Killmer, in a letter to the Senate Committee on Banking, Housing and Urban Affairs regarding challenges in the property insurance market.

MBA’s Bob Broeksmit Highlights Federal Advocacy Amid Industry Challenges
WASHINGTON–The mortgage banking industry may be facing some headwinds, but that hasn’t stopped the pace of efforts to advocate for it on Capitol Hill and across federal agencies.

MBA: Commercial, Multifamily Mortgage Delinquency Rates Increased in Second Quarter
Commercial and multifamily mortgage delinquencies increased in the second quarter of 2023, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Delinquency Report.

MBA Weighs in With Senate on Property Insurance Market
The Mortgage Bankers Association weighed in with the Senate Committee on Banking, Housing and Urban Affairs last week regarding challenges in the property insurance market and their impact on consumers.