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Category: News and Trends

Dealmaker: Cushman & Wakefield Arranges Sale, $97.7M Acquisition Financing Provided by Greystone
Cushman & Wakefield, Chicago, announced it arranged the sale of a multifamily property in Wayne, N.J., a New York-area suburb.

CREF Policy Update Sept. 7: Bank Regulators Release Long-Term Debt and Resolution Plan Proposals
Commercial and multifamily developments and activities from MBA important to your business and our industry.

CMF Quote of the Week: Sept. 7, 2023
“Housing choice vouchers are some of the strongest tools we have to help families find stable and affordable housing.”
–HUD Secretary Marcia L. Fudge

CREF Policy Update Aug. 31: MBA Joins Coalition in Letter to CFPB Requesting Pause in Implementation of 1071 Small Business Reporting Rule for All Lenders
Commercial and multifamily developments and activities from MBA important to your business and our industry.

Dealmaker: Merchants Capital Secures $320 Million for Bronx Public Housing Development
Merchants Capital, Carmel, Ind., provided more than $320 million in financing to support renovations at Edenwald Houses in the Bronx, New York.

Amber Rao, Marcy Thomas Discuss MBA’s COMBOG DE&I Council
Amber Rao, CCIM, Vice President with KeyBank Real Estate Capital, and Marcy Thomas, CCIM, CCMS, Vice President, Portfolio Loan Manager with Grandbridge Real Estate Capital, sat down with MBA NewsLink to discuss MBA’s COMBOG DE&I Council.

KBRA: Securitized Multifamily and the Housing Affordability Gap
Since 2020, greater apartment rent increases occurred in markets with higher homeownership costs as lower affordability drove up demand for rental units, reported KBRA, New York.

Annual Single-Family Rent Growth Slows Again in June, CoreLogic Reports
CoreLogic, Irvine, Calif., said annual single-family home rent growth eased for the fourteenth consecutive month in June.

Commercial and Multifamily People in the News Aug. 31, 2023
CBRE, Dallas, announced the appointment of Laura Barr as Americas Retail Leader for its Advisory & Transaction Services line of business.