Digitalization, demographics and deglobalization will drive the industrial market growth in the near future, said Newmark, New York.
Category: News and Trends
CONVERGENCE Memphis Launches New Nonprofit Organization
The Mortgage Bankers Association announced CONVERGENCE Memphis launched CONVERGENCE Memphis Inc., a 501(c)(3) organization created to strengthen ties within the local Memphis community and advance its mission of promoting affordable housing and increasing Black homeownership.
Personnel News From JLL, NorthMarq, Eastern Union
JLL Valuation Advisory hired Katie Parsons as Managing Director – Head of Industrial Property Sector, where she will focus on driving growth, building the industrial platform, enhancing the customer experience and providing value to clients.
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“Improving property fundamentals and strong price appreciation drove borrowing and lending backed by commercial and multifamily properties to new highs in 2021, with strong activity from every capital source.”
–Jamie Woodwell, MBA Vice President of Commercial Real Estate Research.
CREF Policy Update April 14, 2022
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Personnel News From JLL, NorthMarq, Eastern Union
Freddie Mac, McLean, Va., announced that Wendell Chambliss, a 20-year veteran of the company, has been appointed Senior Vice President and Chief Diversity and Inclusion Officer.
Opportunity Awaits Young Professionals at MBA Technology Solutions Conference
MBA’s Technology Solutions Conference & Expo is back in person, April 11 – 14 in Las Vegas. This is the industry’s biggest conference focused on today’s top technology solutions for businesses in the real estate finance industry.
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“The market for retail financing continues to improve, based on interest level from lenders as well as the number and dollar volume of closed loans. That being said, lenders remain conservative in their underwriting and expect to be paid for taking on the perceived risk associated with retail assets in the form of higher interest rates and/or fees, compared to the highly favored multifamily and industrial asset classes.”
–JLL Capital Markets Managing Director Claudia Steeb.
Solid Apartment Rent Gains Continue
Multifamily rent growth continues to exceed normal seasonal patterns, reports said.
Senior Housing Sector Shows Signs of Rebound Amid Renewed Investor Interest
Backed by strong long-term demand and increased investor interest, the seniors housing sector is now fully in recovery mode, said JLL, Chicago.