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.
Category: News and Trends
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.
CMF Quote of the Week: Feb. 16, 2023
“The very, very low rates seen in recent years were not the norm; they were a response to an event. Money should not be free. And we are getting back to that, I expect.” –TIAA President & CEO and former Federal Reserve Vice Chair Roger Ferguson, speaking at CREF23.
Commercial and Multifamily People in the News Feb. 16, 2023
Personnel News from JLL, Bellwether Enterprise and Northmarq.
Commercial/Multifamily Briefs Feb. 16, 2023
Commercial and multifamily briefs from Freddie Mac Multifamily and iBorrow.