Trepp, New York, said its LifeComps index of insurance company commercial mortgage investments in the first quarter saw a total return of 2.5% in the first quarter, with a 1.4% contribution from price appreciation.
Category: News and Trends
FHFA Requests Input on Multifamily Tenant Protections
The Federal Housing Finance Agency on Tuesday requested input on tenant protections at multifamily properties with mortgages backed by Fannie Mae and Freddie Mac.
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.
MBASecondary23: ESG ‘Here to Stay’
NEW YORK–ESG–Environmental, Social and Governance—has evolved over the years. Many industries have embraced it; some politicians have decried it as anti-free market.
Dealmaker: Gantry Closes $61M for Multifamily and Industrial Assets
Gantry, San Francisco, recently secured $41.6 million to refinance a multifamily building in Goodyear, Ariz., and $19.4 million to refinance a maturing CMBS loan on a Richmond, Calif. industrial park.
CBRE Again Raises Forecast for 2023 Hotel Performance
CBRE, Dallas, raised its hotel performance outlook for this year once again, improving its forecast for revenue per available room to $97.89, up 6% year-over-year, and an increase of 43 cents from its previous forecast.
CMF Briefs June 1, 2023
Commercial and multifamily briefs from ULI, StorageCafe and CBRE.
Commercial/Multifamily People in the News June 1, 2023
Personnel news from JLL, Transwestern Real Estate Services and Peachtree Group.
CREF Policy Update: June 1, 2023
Commercial and multifamily developments and activities from MBA important to your business and our industry.
CMF Quote of the Week: June 1, 2023
“Many institutional and family office/private capital groups I met on my trip had a tremendous amount of dry powder and they were considering U.S. real estate investments for at least some of their available capital to ensure they diversify their investments.”
–Chinmay Bhatt, Senior Managing Director and founding member of Berkadia’s JV Equity & Structured Capital in New York