MBA: CMF Mortgage Debt Outstanding Reaches New High

Commercial/multifamily mortgage debt outstanding at year-end 2021 rose by $287 billion (7.4 percent) from the previous year, the Mortgage Bankers Association reported Wednesday.

CRE Executives See Increasing Uncertainty

After a challenging two years, the real estate industry again faces more uncertainty–and not just for the short term, a new report from the Urban Land Institute and PwC said.

Market Musings with M&T Realty Capital Corp.’s Christine Chandler

Christine R. Chandler is Chief Credit Officer and Chief Operating Officer for M&T Realty Capital Corp., Baltimore. She is responsible for making credit decisions for MTRCC’s Multifamily and Healthcare transactions underwritten in the Agency and FHA platforms as well as managing the company operations.

DBRS: Hotel Pandemic Distress Less Than Prior Downturns

COVID-19 hit the hotel sector hard. DBRS Morningstar, Toronto, reported hotels had the highest loan modification rate among major property sectors due to the pandemic but said liquidations were lower than prior downturns.

Life Science Outperforms Most Niche Sectors

Life science real estate capital markets activity reached a new record last year as investment volume climbed to $18.4 billion, “reflecting immense investor demand and continued liquidity in the cluster markets,” Newmark said in a Life Science Overview and Market Cluster report.

CREF Policy Update: SEC Issues Notice of Proposed Rulemaking on Climate Risks

The Securities and Exchange Commission on Monday voted 3-1 to release a Notice of Proposed Rulemaking that includes amendments requiring a domestic or foreign registrant to include certain climate-related information in its registration statements and periodic reports, such as Form 10-K.