The Consumer Financial Protection Bureau released a report warning that millions of renters and their families may suffer previously avoided economic harms of the COVID-19 pandemic as federal and state relief programs end.
Category: News and Trends
Multifamily Market Musings: A Conversation with Kim Betancourt From Fannie Mae
Kim Betancourt is Fannie Mae’s Senior Director of Economics and Multifamily Research. She manages a team of real estate economists that focus exclusively on the multifamily sector. They analyze current economic conditions at both the national and local level, determining their impact on the multifamily sector and identifying future trends.
Fitch Ratings: The Future of New York Office Space
As the largest U.S. office market, New York provides a good case study of possible pandemic pressures on office demand, said Fitch Ratings, New York.
Commercial/Multifamily Briefs from CBRE, Tauro Capital Advisors
CBRE, Dallas, launched Healthcare Shield, a suite of processes, technology, training and assessments designed to help healthcare clients achieve compliance standards.
Personnel News From Grandbridge, Marcus & Millichap Capital Corp., CBRE
Grandbridge Real Estate Capital LLC hired Donald Billingsley as a Mortgage Loan Officer on its Atlanta loan origination team.
Quote
“Strong demand from all the major capital sources led to another increase in the amount of commercial and multifamily mortgage debt outstanding.”
–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.
CREF Policy Update Sept. 30, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Single-Family Rent Growth Reaches Another Record
CoreLogic, Irvine, Calif., said single-family rent growth reached 8.5 percent year-over-year in July, up from a 7.5 percent year-over-year rate in June.
State of Construction Finance: An Interview with Rabbet CEO Will Mitchell
Commercial real estate is constantly evolving with older buildings occasionally going offline or being renovated as they age whilst new buildings are constructed. Rabbet, Austin, Texas, a service provider to lenders and developers engaged in construction recently released its 2021 State of Construction Finance report. MBA Newslink interviewed Rabbet CEO Will Mitchell to get a sense of what’s happening in the world of construction.
August Apartment Market Performance Surges
August set records for U.S. apartment rent growth and occupancy, reported RealPage, Richardson, Texas.