Entrepreneur, philanthropist, NBA legend and two-time Hall of Famer Earvin “Magic” Johnson will speak at the Mortgage Bankers Association’s Commercial Real Estate Finance/Multifamily Housing Convention & Expo.
Category: News and Trends
FHFA Finalizes 2022-2024 Single-Family, 2022 Multifamily Housing Goals
The Federal Housing Finance Agency released benchmark levels for Fannie Mae and Freddie Mac single-family housing goals for 2022 through 2024 and benchmark levels for multifamily housing goals for 2022.
Earvin “Magic” Johnson to Speak at CREF22
Entrepreneur, philanthropist, NBA legend and two-time Hall of Famer Earvin “Magic” Johnson will speak at the Mortgage Bankers Association’s Commercial Real Estate Finance/Multifamily Housing Convention & Expo.
Multifamily Returns See Record Growth
SitusAMC, New York, reported multifamily investment returns grow in the third quarter as rents grew to record highs.
U.S. Office Transactions Overtake 2020 Volume; Vacancies Stable
Office sales completed through November exceeded $68 billion, surpassing last year’s total volume by 11 percent, reported Yardi CommercialEdge, Santa Barbara, Calif.
Dealmaker: Walker & Dunlop Completes $255M Florida Multifamily Sale
Walker & Dunlop, Bethesda, Md., completed the $255 million sale of The Landmark South, a 631-unit multifamily property in Doral, Fla., the 11th-fastest growing city in the U.S.
Hotel Performance Improving, But COVID-Variant Threat Persists
CBRE, Dallas, said average daily rate gains and a 35 percent year-over-year occupancy increase showed demand for U.S. hotels endured in Q3 despite the Delta variant.
CMBS Liquidation Volume Jumps
Commercial mortgage-backed securities liquidation volume bounced back after a pandemic-related pause, analysts said.
October Single-Family Rent Growth Triple 2020 Rate
CoreLogic, Irvine, Calif., said single-family rent growth reached 10.9 percent year-over-year in October, up more than three-fold from 3.2 percent a year ago.
CMF Briefs from CBRE, NewPoint Real Estate Capital, Brookfield
CBRE Group, Dallas, announced a $7.25 million commitment to combat climate change, improve educational and career development opportunities for racial minorities and disadvantaged populations and support community betterment efforts in its headquarters city.