Consumer retail spending now exceeds pre-COVID levels; investor confidence in retail real estate is also growing, reported JLL, Chicago.
Category: News and Trends
MBANow: JLL’s Jeff Manas on New Environmental and Property Condition Service
JLL recently launched a new service line inside its Valuation Advisory business and hired Jeff Manas to head its Environmental and Property Condition service.
CREF Policy Update July 15, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
MBANow: JLL’s Jeff Manas on New Environmental and Property Condition Service
JLL recently launched a new service line inside its Valuation Advisory business and hired Jeff Manas to head its Environmental and Property Condition service.
Commercial/Multifamily Briefs From Colliers, Freddie Mac, Fannie Mae
Colliers announced a partnership with Blue Skyre IBE LLC to grow its facilities management advisory offering.
Potential Record-Breaking Year for REIT M&A Activity
JLL, Chicago, reported real estate investment trust merger and acquisition activity is rebounding.
MBA Asks FHFA for Clarity on GSE Short-Term Rental Policies
The Mortgage Bankers Association, in a July 6 letter to the Federal Housing Finance Agency, asked FHFA for more definitive guidance on the government-sponsored enterprises’ policies on mortgages for properties that include short-term rental units.
Personnel News From Arbor Management Acquisition Co., Greystone
Arbor Management Acquisition Co., New York, appointed Peter Miklius Vice President of Acquisitions.
June Commercial, Multifamily Mortgage Delinquencies Hold Steady
Delinquency rates for mortgages backed by commercial and multifamily properties held steady in June, the Mortgage Bankers Association’s latest monthly CREF Loan Performance Survey said.
Freddie Mac: Moratoria Staved Off Eviction Crisis During Pandemic
Freddie Mac, McLean Va., said federal and local moratoria in response to the COVID-19 pandemic largely prevented an eviction crisis involving property renters—but the amount of back rent still owed is a “concerning factor” going forward.