JLL, Chicago, released its outlook for 2025, making predictions about the year ahead for commercial real estate.
Category: News and Trends
Moody’s: Commercial Real Estate Sees Mixed Results in Q4
Moody’s, New York, released a look at Q4 2024 trends for commercial and multifamily real estate, finding in large part a continuation of trends from past quarters.
KBRA Says CMBS Ended 2024 on High Note
KBRA, New York, reported commercial mortgage-backed securities ended the year on a high note, as issuance exceeded $100 billion in 2024—a level experienced only once since the global financial crisis.
MBA Statements on Nominations of Scott Turner as HUD Secretary; Bill Pulte as FHFA Director
The Mortgage Bankers Association and more than 20 other trade associations wrote to the Senate Banking Committee to express support for Scott Turner to serve as the next Secretary of HUD.
CMF Quote of the Week
“Megan [Booth] is a recognized policy expert who consistently delivers for MBA and its members.”
–MBA Senior Vice President of Commercial/Multifamily and Strategic Industry Engagement Jamie Woodwell, announcing Megan Booth’s promotion to Vice President of Commercial/Multifamily Policy
Yardi Matrix: Industrial Sector Moderates in 2024
Yardi Matrix, Santa Barbara, Calif., found the industrial sector experienced stabilization in 2024 after a few years of running hot.
MBA Promotes Megan Booth to Vice President of Commercial/Multifamily Policy
The Mortgage Bankers Association announced the promotion of Megan Booth to Vice President of Commercial/Multifamily Policy.
CREF Policy Update: FHFA Director Nominated; Confirmation Hearing Recaps on Turner, Bessent; Register for MBA NAC
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Dealmaker: Northmarq Brokers $16M Sale of Two San Clemente Hotels
Northmarq’s Newport Beach, Calif. office closed the $15.5 million sale of Seahorse Resort and Villa Del Mar Inn, two hotels in San Clemente, Calif.
CMF Quote of the Week
“HUD’s decision to refine FHA underwriting criteria to more appropriate levels should result in an increase in production of much-needed rental housing by tens of thousands of units over the next three years at little to no additional risk to the FHA fund or taxpayers.”
–MBA President and CEO Bob Broeksmit, CMB, discussing HUD’s announcement of changes to the minimum debt service coverage ratio and maximum loan-to-cost percentage levels for FHA multifamily loans