Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Category: News and Trends
Don’t Miss MBA #CREF23
Join thousands of your commercial and multifamily real estate colleagues in San Diego for the MBA Commercial/Multifamily Finance Convention & Expo, Feb 12-15, 2023.
Quote
“As we get ready for the year ahead, I promise to support you and strengthen you, in all I do. In my experience, good leadership starts with good listening, so I’d love to hear from as many of you as possible.”
–2023 MBA Chairman and CEO of Grandbridge Real Estate Capital Matt Rocco, speaking Monday at the Mortgage Bankers Association’s Annual Convention & Expo.
Dealmaker: Dwight Capital Finances $73.7M
Dwight Capital, New York, provided a $36 million HUD 223(f) loan for Villas of Capri, a 235-unit affordable apartment community in Naples, Fla.
Commercial Property Price Growth Slows
Real Capital Analytics, New York, reported U.S. commercial property price growth slowed in September to the weakest rate seen since early 2021.
STR: Hotel Construction Pipeline Increases for 3rd Month
U.S. hotel construction ticked upward in September for the third consecutive month, reported STR, Hendersonville, Tenn.
A Critical Juncture for Affordable Housing
The affordable housing market sits at a “critical juncture” as heightened housing demand and soaring inflation challenge low-income households, reported Arbor, Uniondale, N.Y.
LightBox: Interest Rates, Inflation Top CRE Threats
Rising interest rates and inflation remain the top threats to the commercial real estate industry, said LightBox, New York.
#MBAAnnual22: MBA Future Leaders Program Graduates 33 Commercial/Multifamily Professionals
NASHVILLE—The Mortgage Bankers Association recognized 33 commercial/multifamily professionals in a graduation ceremony for the MBA Future Leaders Program held here at the association’s 2022 Annual Convention & Expo.
#MBAAnnual22: From Matt Rocco, a Pledge of Servant Leadership
NASHVILLE—Servant leadership is a non-traditional leadership philosophy, embedded in a set of behaviors and practices that place the primary emphasis on the well-being of those being served. It’s a concept that 2023 MBA Chairman Matt Rocco promises to fulfill.