Berkadia, Ambler, Pa., released its latest Multifamily Powerhouse Poll Outlook, finding that respondents expect increased multifamily transaction activity this year, driven by improving economic outlook.
Category: News and Trends
MISMO Seeks Public Comment on New Housing Counseling Dataset Specification
MISMO, the real estate finance industry’s standards organization, is seeking public comment on a new Housing Counseling Dataset Specification (HCDS). The 60-day public comment period runs through April 29, 2025.
Dealmaker: M&T RCC Closes $38.7M Loan for New York City Property
M&T Realty Capital Corp., Baltimore, provided $38.71 million in financing via a Freddie Mac Targeted Affordable Housing loan for a property in Long Island City, Queens, New York.
JLL Sees ‘Double-Digit’ Medical Outpatient Building Growth on Horizon
An aging population, surging outpatient demand and the need for services near growing populations are all contributing to strong demand in the healthcare sector, according to JLL, Chicago.
Commercial and Multifamily People in the News, Feb. 27, 2025
Industry personnel news from Cushman & Wakefield, Access Point Financial, Peachtree Group and Greystone.
CMF Quote of the Week
“Mr. McKernan’s deep regulatory experience at the FDIC, the Federal Housing Finance Agency and the Treasury Department, in private law practice, and as a former Senate staffer–coupled with his background working on housing policy–makes him a strong choice to lead the regulatory reforms necessary to lower compliance costs and pass those savings along to prospective homeowners and renters.” –MBA letter on the nomination of Jonathan McKernan to be the next Director of the Consumer Financial Protection Bureau
Achieve Survey: Americans’ Financial Trends Stable, but Challenges Remain
Achieve, San Mateo, Calif., released its quarterly debt survey, finding that 26% of households report accruing more debt over the past quarter. However, that’s down from the 28% that said the same in Q4 2024.
MBA Chart of the Week: CRE Loan Maturity Volumes
Twenty percent ($957 billion) of $4.8 trillion of outstanding commercial mortgages held by lenders and investors will mature in 2025, a 3% increase from the $929 billion that matured in 2024, according to the Mortgage Bankers Association’s 2024 Commercial Real Estate Survey of Loan Maturity Volumes.
CoreLogic: Annual Single-Family Rent Growth Remains Below 2% in December
Single-family rent prices increased 1.8% year over year in December, up slightly from the previous month’s 1.5%–which had marked a 14-year low for rent growth–according to CoreLogic, Irvine, Calif.
MBA Sends Letter to Senate Banking Committee on CFPB Director Nominee Jonathan McKernan
The Mortgage Bankers Association sent a letter to Senate Banking Committee leadership to express the real estate finance industry’s strong support for the nomination of Jonathan McKernan to be the next Director of the Consumer Financial Protection Bureau.