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“At the pandemic’s start, there were real concerns that our industry would struggle mightily. Instead, you’ve met this crisis head-on, and in many cases, emerged stronger.”
–MBA Chair-Elect Matt Rocco, Chairman and CEO of Grandbridge Real Estate Capital, Charlotte, N.C.

CREF Policy Update May 12 2022

On Thursday, the OCC, Federal Reserve and FDIC issued a joint notice of proposed rulemaking overhauling Community Reinvestment Act regulations. On May 4, the Federal Reserve – in a widely expected move – raised the benchmark federal funds rate and indicated plans for more 50-basis-point rate hikes in upcoming meetings.

1Q CRE Lending Up 69% from Year Ago

CBRE, Dallas, said despite tightening lending conditions, commercial real estate lending increased in the first quarter.