Eastern Union, New York, is offering paid internships in data analytics and research, one of the most in-demand skills in today’s business marketplace.
Category: News and Trends
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“Mark [Jones] is a fierce advocate for mortgage lenders and their customers, and I am pleased to welcome him to MBA’s leadership ladder. He is an industry trailblazer and a valuable voice for sustainable, affordable housing and communities across the country, making him a terrific fit to lead MBA and its members.”–Susan Stewart, MBA 2021 Chair and CEO of SWBC Mortgage, San Antonio, Texas.
CREF Policy Update June 3, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Dealmaker: Meridian Capital Group Arranges $172M For Newly Constructed Multifamily
Meridian Capital Group, New York, arranged $171.6 million to refinance newly constructed multifamily property One Museum Square in Los Angeles, on behalf of JH Snyder Co., Los Angeles.
1Q Distressed CRE Debt Drops
More U.S. commercial real estate distress was worked out than arose in the first quarter, sector analysts reported.
Peter Muoio of SitusAMC Insights: Migration Out of Big Cities Opportunity for Some Who Previously Couldn’t Afford It
Peter Muoio is head of SitusAMC’s Insights division, a provider of technology and services to the real estate finance industry. He has more than 30 years of research and analytics experience in the commercial real estate industry.
Seattle Eclipses Manhattan as Top Market for Cross-Border Buyers
Seattle surpassed Manhattan to become the leading U.S. market for cross-border investment, reported Real Capital Analytics, New York.
Personnel News From Walker & Dunlop, DLA Piper, CBRE
Walker & Dunlop, Bethesda, Md., hired John Ducey as Affordable Chief Production Officer. He will lead the firm’s affordable housing financing efforts across all capital sources, including Fannie Mae, Freddie Mac and private capital providers.
Commercial/Multifamily Briefs from Freddie Mac, Canyon Partners
Freddie Mac, McLean, Va., priced a new offering of Structured Pass-Through K Certificates that included a class of floating-rate bonds indexed to the Secured Overnight Financing Rate.
Spread Between Retail, Industrial Rents Compresses
JLL, Chicago, reported the spread between retail property rents and industrial property rents is compressing as home deliveries speed up and e-commerce steals more and more market share from brick-and-mortar retailers.