Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Category: News and Trends
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“The greatest asset [Fannie Mae, Freddie Mac and the Federal Home Loan Banks] have is their human capital, so executive compensation must be set at a level sufficient to attract and retain top-level talent. It also is critical that compensation programs, and in particular incentive structures within these programs, foster competitive, liquid, efficient and resilient national housing finance markets while affirmatively promoting safety and soundness objectives.” –MBA President and CEO Robert Broeksmit, CMB.
MBA Seeks Participants in New Diversity, Equity and Inclusion Study
The Mortgage Bankers Association introduces a new offering to its members — the Diversity, Equity and Inclusion (DEI) Study — separately designed and compiled for both the residential and commercial/multifamily sides of the real estate finance industry.
Nomination Deadline Aug. 13: MBA DEI Leadership Commercial/Multifamily Award
Inspire change; share success. The Mortgage Bankers Association recognizes residential and commercial/multifamily members who show leadership in the areas of Diversity, Equity and Inclusion (DEI) internally through market outreach efforts with its annual DEI Leadership Awards.
Deadline July 31: MISMO Seeks Participants for Phase Two of Commercial Appraisal Dataset Standard
MISMO®, the real estate finance industry’s standards organization, seeks participants for its Commercial Appraisal Development Work Group (DWG) as Phase 2 kicks off with a focus on expanding the Commercial Appraisal Dataset Standard to include more data points related to retail, industrial and office (RIO) properties.
Dealmaker: JLL Secures $81M for Retail
JLL Capital Markets, Chicago, secured $80.5 million in acquisition financing for a five-property grocery-anchored retail portfolio in the Philadelphia area.
CFPB: Rental Assistance Available as Eviction Moratorium Expiration Approaches
As the July 31 federal eviction moratorium expiration approaches, the Biden Administration, Consumer Financial Protection Bureau, Mortgage Bankers Association and industry groups are working together to inform apartment owners and renters about the rental assistance programs available to them.
Key Takeaways from MBA Webinar: It’s a Wonderful Life Insurance Company Market
The Mortgage Bankers Association co-hosted a virtual panel with the California Mortgage Bankers Association and the American Council of Life Insurers on July 14.
Commercial Prices Grow Again in June, Led by Apartments
Real Capital Analytics, New York, said U.S. commercial property price growth shifted higher in June, led by the apartment sector.
Commercial/Multifamily Briefs from Freddie Mac, Brookfield Asset Management
Freddie Mac, McLean, Va., priced a new offering of Multifamily Structured Credit Risk notes, Series 2021-MN2.