“The strong momentum in commercial and multifamily borrowing and lending at the end of 2021 carried into the first quarter. The continued growth in lending activity is the result of the ongoing strong demand for certain property types like industrial and multifamily, as well as renewed interest in other property types that saw more dramatic declines during the early stages of the pandemic, such as hotel and retail.”
–Jamie Woodwell, MBA Vice President of Commercial Real Estate Research.
Commercial and Multifamily Briefs from CBRE, Colliers, Rockwood Capital.
The National Council of Real Estate Investment Fiduciaries, Chicago, reported institutional-quality commercial real estate returned 5.33 percent in the first quarter.
MBA NewsLink interviewed Marcy Thomas, Vice President and Portfolio Loan Manager with Grandbridge Real Estate Capital LLC, about CMBS servicing, DEI, the upcoming Commercial/Multifamily Finance Servicing and Technology Conference and what the CCMS designation means to her.
The Federal Housing Finance Agency published the 2022-2024 Underserved Markets Plans for Fannie Mae and Freddie Mac under the Duty to Serve Program, which outline the government-sponsored enterprises’ commitment to serving manufactured housing, affordable housing preservation and rural housing.
Personnel news about Michael Jean-Pierre, Matt Galligan and Jillian Grzywacz.
The MBA Path to Diversity Scholarship Program recognizes existing industry professionals who are seeking to advance their careers through continuing education.
According to the inaugural 2021 Diversity, Equity and Inclusion Study, conducted by McLagan and recommended by Mortgage Bankers Association, participating mortgage firms – both residential and commercial/multifamily – had varied policies, practices and initiatives to further racial and gender equality within their organizations.
Real Capital Analytics, New York, said commercial real estate price growth eased in March from its previous record high.
Gantry, San Francisco, secured $102.6 million for multifamily and marina properties in Seattle and suburban Syracuse, N.Y.
