JLL’s Capital Markets group arranged a $370 million refinancing for Society Brooklyn, a 517-unit, two-tower property along the Gowanus Canal in Brooklyn’s Gowanus neighborhood.
Category: News and Trends
MAA Call to Action: Urge Congress to Refine and Improve H.R. 6644, as Amended in the Senate
Take action now to urge the U.S. House of Representatives to stand firm in their efforts to refine and improve the Senate’s comprehensive 21st Century ROAD to Housing Act, H.R. 6644, as amended.
Bloom Energy: Data Center Owners Plan to Reduce Reliance on Power Grid
As more data centers come online, developers are taking power into their own hands, a new report from Bloom Energy says.
Sign Up for the Reimagined CRE Servicing Solutions Conference
Join experts and industry peers at the MBA CRE Servicing Solutions Conference–formerly known as MBA’s Commercial/Multifamily Servicing and Technology Conference–to be held May 17-20 in San Diego.
Video: MBA’s Bob Broeksmit Discusses Basel III Re-proposal, Housing Legislation and Trump Housing Executive Orders
MBA President and CEO Bob Broeksmit, CMB, released a new video updating MBA members on the latest developments, including the Basel III re-proposal, the Senate-passed 21st Century ROAD to Housing Act and recent housing-focused Executive Orders.
Realtor.com: U.S. Median Asking Rent Hits Low
Realtor.com, Santa Clara, Calif., found that national median asking rent hit a four-year low in February. It fell $29, or 1.7% compared with a year ago.
ATTOM: Home Flipping Dips; Profit Margins Shrink
ATTOM, Irvine, Calif., reported that just over 297,000 single-family homes and condos were flipped nationwide last year, the fewest since 2020 and down 3.9% from 2024’s total of 309,050.
C-PACE Financing Jumps 63% Year-Over-Year to $3.6 Billion
C-PACE financing volume grew from $2.2 billion in 2024 to $3.6 billion last year, a 63% jump, according to a new report from Bayview PACE, Coral Gables, Fla.
Commercial and Multifamily Mortgage Delinquencies Mixed in Fourth-Quarter 2025, MBA Reports
Commercial mortgage delinquencies were mixed in the fourth quarter of 2025, according to the Mortgage Bankers Association’s latest Commercial Delinquency Report.
Dealmaker: Walker & Dunlop Arranges $407M for 450 Lexington in New York
Walker & Dunlop, Bethesda, Md., arranged $407.5 million to refinance 450 Lexington Avenue, a 40-story Class A office tower in Midtown Manhattan’s Grand Central submarket.