“The rapid rise in interest rates is expected to take some wind out of the sails of new lending activity, but healthy property fundamentals and strong property values should support the markets and keep commercial real estate mortgage demand at strong levels. Borrowing and lending should still match last year’s record levels.”
–Jamie Woodwell, MBA Vice President of Commercial Real Estate Research.
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Northmarq hired JoAnn Neau as the company’s first chief marketing officer. Neau joined the firm from Thrivent, where she led digital and marketing operations strategies.
Commercial and multifamily mortgage bankers closed $683.2 billion of loans in 2021, the Mortgage Bankers Association reported Thursday. MBA estimated total CRE lending including activity from smaller and mid-sized depositories totaled $890.6 billion.
The commercial mortgage-backed securities delinquency rate fell 10 basis points during March to 2.38 percent, driven by robust new issuance and few new delinquencies, reported Fitch Ratings, New York.
Real Capital Analytics, New York, said the losses taken by lenders on previously defaulted commercial real estate loans remain far below the loss rates seen during the Great Recession.
In this article, we explore preferred equity investments serving small-to-mid transaction sizes, where there can be a win-win-win for sponsors, investors and the capital markets brokerage community.
MBA’s Commercial Real Estate/Multifamily Finance Firms – Annual Origination Volumes annual report presents a comprehensive set of listings of commercial/multifamily mortgage originators, their volumes and the different roles they play. The report presents origination volumes in more than 140 categories, including by role, by investor group, by property type, by financing structure type and by location of the originating office.
Commercial real estate construction costs continue to increase, reported Rider Levett Bucknall, Honolulu.
Berkadia, New York, secured $131.7 million for multifamily properties in Nebraska and Colorado.
