“Lack of availability of affordable housing continues to be an issue across the country, and as such, the renewed commitment across legislators, investors and the GSEs presents opportunities for investors to build new properties that meet these requirements or convert existing multifamily properties to affordable.” –Ernie Katai, Executive Vice President and Head of Production with Berkadia.
Category: News and Trends
MBA: Second Quarter Commercial/Multifamily Borrowing Bounces Back
Commercial and multifamily mortgage loan originations jumped by 106 percent in the second quarter from a year ago and increased by 66 percent from the first quarter, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
MBA Recognizes Select Members
MBA recognizes its Select Associate Members and thanks them for their continued support of MBA and the real estate finance industry.
MBA Recognizes Premier Members
MBA is proud to recognize its Premier Associate Members and thank them for their continued support of MBA and the real estate finance industry.
CREF Policy Update Aug. 12, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Personnel News From CBRE, Merchants Capital
CBRE, Dallas, announced Brian Wolf joined CBRE Capital Markets as chief underwriter for Affordable Housing
Commercial Real Estate Construction Activity Continues to Drop
Moody’s Analytics REIS, New York, reported commercial real estate completions fell in the second quarter from an already record low first quarter.
Multifamily Values Amid a Shifting Landscape
The summer has brought big news for the housing industry including but not limited to multifamily market participants.
Omaha Chamber of Commerce Inducts Rodrigo López, CMB, into Hall of Fame
The Greater Omaha Chamber of Commerce will induct former Mortgage Bankers Association Chairman Rodrigo López, CMB, into its Omaha Business Hall of Fame in a ceremony later this month.
MBA: 2021 Commercial/Multifamily Lending to Increase 31% to $578 Billion
Commercial and multifamily mortgage bankers are expected to close $578 billion in loans backed by income-producing properties in 2021, a 31 percent increase from 2020’s volume of $442 billion, according to a new forecast from the Mortgage Bankers Association.