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.
Category: News and Trends
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.
Small-Cap CRE Bounces Back
Boxwood Means LLC, Stamford, Conn., said small-cap commercial real estate is coming back into balance with larger properties after pandemic-induced shocks to the U.S. economy and the CRE markets.
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.
Dealmaker: JLL Secures $81M for Retail Portfolio
JLL Capital Markets, Chicago, secured $80.5 million in acquisition financing for a five-property grocery-anchored retail portfolio in the Philadelphia area.
Apartment, Condo Demand Jump
Demand for U.S. apartments and condominiums jumped in June, analysts said.
MBA, Trade Groups Urge HUD to Address FHA Affordable Housing Delays
The Mortgage Bankers Association and a dozen industry trade groups urged HUD to address “severe processing delays” that are impeding financing of affordable housing in the Federal Housing Administration multifamily and healthcare programs.
Demand for Life Sciences Lab Space Heats Up
Life-science lab space has emerged as a coveted sector as hefty increases in funding and employment fuel both demand for and construction of lab space in leading U.S. life-science markets, reported CBRE, Dallas.