SAN DIEGO–Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, opened the MBA Commercial/Multifamily Finance Convention & Expo here on Monday with a reminder that circumstances can change in a heartbeat.
Category: News and Trends
#MBACREF23: Matt Rocco Outlines CMF Priorities, Opportunities
SAN DIEGO—When the Chairman of the Mortgage Bankers Association is from the commercial/multifamily sector, as Matt Rocco is this year, it makes the MBA CREF Convention & Expo a little more dynamic.
#MBACREF23: 2023 Commercial/Multifamily Borrowing, Lending Expected to Fall to $684B
SAN DIEGO – The Mortgage Bankers Association said total commercial and multifamily mortgage borrowing and lending is expected to fall to $684 billion this year, a 15 percent decline from an expected 2022 total of $804 billion.
#MBACREF23: 2023 Commercial/Multifamily Mortgage Maturity Volumes Up 33 Percent
SAN DIEGO – The Mortgage Bankers Association said $331.2 billion of the $2.8 trillion (12 percent) of outstanding commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2023, a 33 percent increase from the $249 billion that matured in 2022.
RIHA Releases Collection of Essays on Impact of Climate Change on Real Estate Finance
The Mortgage Bankers Association’s Research Institute for Housing America published a new collection of essays addressing the impacts of climate change on the real estate finance industry.
#MBACREF23: PNC, Wells Fargo Lead MBA 2022 Year-End Commercial/Multifamily Servicer Rankings
SAN DIEGO–The Mortgage Bankers Association on Monday released its year-end ranking of commercial and multifamily mortgage servicers’ volumes as of December 31, 2022.
#MBACREF23: 4Q Commercial/Multifamily Borrowing Down 54%
SAN DIEGO–Commercial and multifamily mortgage loan originations were 54 percent lower in the fourth quarter from a year ago and decreased by 23 percent from the third quarter, the Mortgage Bankers Association reported Monday.
Office Market Closes 2022 with Rising Vacancies, Declining Sales
The office sector remains unsettled even nearly three years after the COVID-19 pandemic broke out, reported CommercialEdge, Santa Barbara, Calif.
Dealmaker: Sonnenblick-Eichner Arranges $50M Utah Construction Loan
Sonnenblick-Eichner Co., Beverly Hills, Calif., arranged $50 million in construction financing for Phase I of the Lionsback Resort in Moab, Utah.
Freddie Mac Multifamily Analyzes Statewide Tenant Protections
Freddie Mac Multifamily, McLean, Va., released a comparative analysis of tenant protections provided by state landlord tenant acts.