CBRE, Dallas, estimated the U.S. will need an additional 330 million square feet of distribution space by 2025 just to handle projected increases in online ordering.
Category: News and Trends
Dealmaker: Berkadia Closes $146M in Multifamily Transactions
Berkadia recently closed $146.2 million in multifamily transactions in Virginia.
Quote
“While the steady return to normal pre-pandemic routines brings a sense of optimism, the economic impact of COVID-19 will have a lingering effect, particularly on renters who owe back rent and were protected by eviction moratoriums. We found that there is likely enough rental assistance available, and the deployment and accessibility of these funds is vital to supporting renters and property owners in need as the country transitions to a post-pandemic normal.”
–Corey Aber, Freddie Mac Senior Director of Mission, Policy and Strategy.
Personnel News:
Walker & Dunlop, Bethesda, Md., hired Susan Mello as Group Head of Capital Markets.
CREF Policy Update July 8, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Personnel News From
Greystone, New York, announced Sampada D’silva joined the firm as a Deputy Chief Credit Officer.
MBA Webinar July 6: Tax Advocacy Tuesdays at Two Thirty
The Mortgage Bankers Association’s next bi-weekly update takes place Tuesday, July 6 at 2:30 p.m. ET.
MBA Releases Q1 Commercial/Multifamily DataBook
On Wednesday, the Mortgage Bankers Association released its first quarter Commercial/Multifamily DataBook.
Grant Carlson: The June 29 Supreme Court Ruling on CDC Residential Eviction Moratorium
On Tuesday the U.S. Supreme Court in, a 5-4 ruling, declined to lift the national Center for Disease Control and Prevention’s residential eviction moratorium. The ruling responds to a request to lift the D.C. Federal District Court’s stay, which has effectively paused its order invalidating the CDC moratorium.
MISMO Seeks Public Comment on Commercial Green Utility Dataset
MISMO®, the real estate finance industry standards organization, seeks public comment on a proposed standard for Commercial Green Utility Data. The 90-day comment period begins June 30 and runs through September 30.