The Mortgage Bankers Association released its first quarter Commercial/Multifamily DataBook.
Category: News and Trends
Personnel News from Cushman & Wakefield, Berkadia
Cushman & Wakefield hired Mia Mends as the new Chief Executive of C&W Services.
Dealmaker: Gantry Secures $35M to Refinance Seattle-Area Office Building
Gantry, San Francisco, secured $35.4 million to refinance a five-story, 200,000-square-foot single-tenant office building at 1601 Lind Ave SW in Seattle suburb Renton, Wash.
Hotel Profitability Drops
U.S. hotel gross operating profit per available room fell in May. But GOPPAR surpassed its pre-pandemic comparable for a third consecutive month, reported STR, Hendersonville, Tenn.
MBA Commercial/Multifamily Members Discuss What Membership Means to Them
The Mortgage Bankers Association is the voice of the entire real estate finance industry. In this video, MBA commercial and multifamily members discuss what the organization means to them and the benefits they receive from MBA’s conferences, education and advocacy.
Commercial/Multifamily Briefs July 14, 2022
Commercial and Multifamily Briefs from TIAA Bank, Brook Farm Group
JLL: Real Estate Transparency Gap Widens in Favor of Leading Global Markets
JLL, Chicago, said while many of the world’s leading commercial real estate markets in North America, Western Europe and Australasia are becoming more transparent, most other countries struggle to maintain the pace of transparency improvement.
CREF Policy Update: July 14, 2022
MBA and ACLI submitted a proposal last week to the NAIC to harmonize the life risk-based capital treatment of non-performing mortgages with the 2021 changes to the treatment of real estate investments. Also last week, MBA issued a white paper examining how climate change is dramatically reshaping lenders’ and policymakers’ approaches to the U.S. residential and commercial real estate markets.
Quote
“Currently, the single-family rental and build-for-rent spaces are very much in their adolescence, especially in comparison to traditional multifamily. This takes the form of fewer market players and many large players in the capital markets still sitting on the sidelines.”
–Jeff Coles, Vice President of Institutional Client Services with Berkadia.
Who Owns Climate Risk? MBA White Paper Examines Challenges, Risks for U.S. Real Estate
The Mortgage Bankers Association this week issued a white paper examining how climate change is dramatically reshaping lenders’ and policymakers’ approaches to the U.S. real estate market.