KBRA: Servicers Performed Admirably During COVID

Kroll Bond Rating Agency, New York, said commercial mortgage-backed securities servicers “performed admirably” over the last two years while facing nearly unprecedented distress during the COVID pandemic.

CCMS

CCMS

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“MBA commends the Biden administration for its commitment to addressing the ongoing shortage of available housing and appreciates the Treasury Department’s guidance that provides flexibility for how state and local governments can use available funds to finance affordable housing.”
–MBA President and CEO Robert Broeksmit, CMB.

CREF Policy Update: July 21, 2022

Commercial and multifamily developments and activities from MBA relevant to your business and our industry.

JLL Notes Hospitality Market ‘Disconnect’

JLL, Chicago, noted a “disconnect” between hospitality fundamentals, which it called exceptionally strong for many assets, and debt markets, which have been deteriorating meaningfully.

‘Murky’ Office Sector Outlook

CommercialEdge, Santa Barbara, Calif., called the office sector’s future “murky,” even now, well over two years since the COVID-19 pandemic started.