Berkadia added Managing Director Matthew Nelson to its mortgage banking platform. He will be based in the firm’s New York office and will focus on growing Berkadia small loans across the Northeast.
Category: News and Trends
CREF Policy Update Dec. 23, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Quote
“[Multifamily] property fundamentals are remarkable, as is investor sentiment. That interest has brought a strong pipeline of new development, but for the time being even that is having trouble keeping up with demand.”
–Jamie Woodwell, Vice President of Commercial Real Estate Research with the Mortgage Bankers Association.
MBA: 3Q Holdings of Commercial/Multifamily Mortgage Debt Increase
Commercial/multifamily mortgage debt outstanding increased by $64.8 billion (1.6 percent) in the third quarter, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding report.
MISMO Launches Updated Commercial Green Utility Dataset
MISMO®, the real estate finance industry standards organization, announced availability of its updated Commercial Green Utility Dataset standard. The dataset and accompanying package of resources help facilitate the efficient exchange of Green Utility information across the commercial real estate finance industry.
Rent Payment Percentages Vary by Class, Market
Apartment rent payments have held up reasonably well during the global COVID-19 pandemic, but a report says different markets and different classes report very different results.
Trepp: Europe Leads U.S. in ESG Adoption
Environmental, Social and Governance criteria are now incorporated into corporate strategies worldwide. But the United States is falling behind Europe in the investment of ESG commercial mortgage-backed securities deals, said Trepp, New York.
CMF Briefs from KBRA, Parthenon Capital, TruAmerica Multifamily
KBRA, New York, entered a deal with private equity firm Parthenon Capital Partners, Boston, which will acquire a majority stake in the company.
CMBS Delinquency, Special Servicing Rates Fall
Trepp, New York, reported both the commercial mortgage-backed securities delinquency rate and special servicing rate dropped in November.
CBRE: Commercial Real Estate Growth, Investment Will Likely Grow
Next year could set a record for commercial real estate investment amid economic and real estate recoveries, major fiscal stimulus projects and a rebound of big cities and downtowns, reported CBRE, Dallas.