“Commercial and multifamily mortgage performance has improved considerably since the worst of the downturn. The stress that entered–and remains–in the market is largely concentrated in lodging and retail properties, with fewer new loans becoming delinquent and shrinking balances of overall delinquency as lenders and servicers work out the longer-term troubled loans.” –Jamie Woodwell, MBA Vice President of Commercial Real Estate Research.
Category: News and Trends
Commercial/Multifamily Briefs from Arbor Realty Trust, CBRE
Arbor Realty Trust, Uniondale, N.Y., closed a $1.50 billion commercial real estate mortgage loan securitization.
CREF Policy Update Oct. 7, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
SEC Issues Sample Letter to Firms on Climate Change Disclosures
Last week, the Securities and Exchange Commission gave companies a preview of how it will look at their climate-related disclosures. Specifically, the SEC’s Division of Corporate Finance released a sample letter detailing the sorts of hard questions and requests the SEC will consider when they conduct a review of a company’s disclosures related to climate change.
MBA: 2Q Commercial/Multifamily Mortgage Debt Outstanding Up 1.5%
Commercial/multifamily mortgage debt outstanding increased by $60.7 billion (1.5 percent) in the second quarter, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding report.
Dealmaker: Walker & Dunlop Arranges $30M for 110 Build-for-Rent Homes
Walker & Dunlop, Bethesda, Md., arranged $30.3 million in construction financing for The Clublands of Antioch by Moda Homes, a 110-unit single-family rental community in Antioch, Ill.
Office Market Recovery Pauses In August Amid COVID Flareups
The large-market office sector recovery lost momentum in August amid renewed concerns about COVID-19 variants, reported CBRE, Dallas.
Innovations Drive Retail Resurgence
The pandemic and market pressures are forcing the retail sector to innovate, reported Colliers, Toronto.
MBA Opens Doors Foundation Kicks Off 2022 Fundraising Season with $3.2 Million in Donations
The MBA Opens Doors Foundation announced it received $3.2 million in corporate and individual donations during its first two days of the FY 2022 fundraising campaign, September 8-9.
FHFA Extends COVID-19 Multifamily Forbearance
The Federal Housing Finance Agency said Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property owners as needed, subject to tenant protections the agency imposed during the pandemic.