Total nonfarm payroll employment increased by 73,000 in July and the unemployment rate stood at 4.2%, the U.S. Bureau of Labor Statistics reported Aug. 1.
Category: News and Trends
MBA Supports Nominations of Joe Gormley, Frank Cassidy to Lead Ginnie Mae and Federal Housing Administration
MBA President and CEO Bob Broeksmit, CMB, released two statements over the weekend supporting the nomination of Joe Gormley to serve as President of Ginnie Mae and Frank Cassidy to be Commissioner of the Federal Housing Administration.
Trepp: CMBS Delinquency Rate Increases Again in July
Trepp, New York, announced the CMBS Delinquency Rate rose for the fifth straight month in July, up 10 basis points to 7.23%.
Lodging Econometrics: Hotel Construction Pipeline Up 3% YoY
The hotel construction pipeline grew 3% from a year ago and projects in the early planning stage increased by 14%, according to Lodging Econometrics, Portsmouth, N.H.
Dealmaker: Mesa West Capital Originates $55M to Refinance Los Angeles Hotel
Mesa West Capital, Los Angeles, originated $55 million in first mortgage debt to refinance a luxury hotel in West Los Angeles.
CREF Policy Update: GSEs’ Low Income-Housing Tax Credit (LIHTC) Investment Cap Set to Double
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Commercial/Multifamily Briefs, Aug. 7, 2025
Industry news from Colliers, Northmarq, Eval.com, Lightbox, RealPage and Rexera.
Commercial/Multifamily Borrowing Increased 66% in the Second Quarter of 2025, MBA Reports
Commercial and multifamily mortgage loan originations were 66% higher in the second quarter of 2025 compared to a year earlier, and increased 48% from the first quarter of 2025, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
CMF Quote of the Week
“Commercial and multifamily borrowing gained significant momentum in the second quarter of 2025, with strong increases across most property types and capital sources.”
–Reggie Booker, MBA’s Associate Vice President of Commercial Research
RentCafe Finds Cities That Offer Most Rental Space for $1,500
RentCafe, Santa Barbara, Calif., released a report analyzing which large cities offer the most space for a monthly rent of $1,500.