CREF Policy Update June 24, 2021

Commercial and multifamily developments and activities from MBA relevant to your business and our industry.

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“Pricing power is really soaring for larger floor plans in most places, while smaller apartments tend to be rent change laggards.”–Greg Willett, Economist with RealPage, Richardson, Texas.

MBA Weighs In With SEC on Climate-Related Disclosures

The Mortgage Bankers Association this week urged the U.S. Securities and Exchange Commission to follow a set of guiding principles as the SEC considers the issue of climate-related disclosures.

Fewer Firms Plan to Significantly Shrink Office Portfolios

U.S. companies have scaled back their plans to make big cuts to their office portfolios and many now expect their offices to support “collaborative” work in person rather than remotely, said CBRE, Dallas.

Apartment Investment Environment Stays Steady

Freddie Mac, McLean, Va., said its Apartment Investment Market Index held steady in the first quarter as continuing low interest rates support the sector.

RCA: CRE Not Out Of The Woods Yet

U.S. commercial real estate investment increased in April, but not all pandemic-related problems are in the rearview mirror, reported Real Capital Analytics, New York.