Gantry, San Francisco, secured a $63.5 million permanent loan and $21 million preferred equity commitment for the acquisition of Topa Financial Center in Honolulu.
Category: News and Trends
CMF Quote of the Week
“Jamie is a widely respected and well-known voice in the commercial and multifamily real estate industry whose market expertise and economic insights are highly valued by MBA’s members, policymakers and the media.”
–MBA’s President and CEO Bob Broeksmit, CMB
MBA Names Jamie Woodwell SVP of Commercial/Multifamily Policy and Strategic Industry Engagement
The Mortgage Bankers Association announced the promotion of Jamie Woodwell to Senior Vice President of Commercial/Multifamily Policy and Strategic Industry Engagement.
Construction Spending Holding Steady
November’s construction spending was virtually unchanged from the month before at a seasonally adjusted annual rate of $2,152.6 billion, the U.S. Census Bureau reported.
RCLCO: Sentiment Index in Recovery Territory
RCLCO, Bethesda, Md., released its Real Estate Market Index, finding that sentiment has moved solidly into recovery territory. The index ended the year at 64.8–and an RMI over 60 is typically indicative of positive or improving conditions, the firm says.
Commercial and Multifamily People in the News Jan. 9, 2025
Commercial and multifamily people in the news from Peachtree Group and RLB.
CMF Quote of the Week
“Jamie is a widely respected and well-known voice in the commercial and multifamily real estate industry whose market expertise and economic insights are highly valued by MBA’s members, policymakers and the media.”
–MBA’s President and CEO Bob Broeksmit, CMB
MBA Names Jamie Woodwell SVP of Commercial/Multifamily Policy and Strategic Industry Engagement
The Mortgage Bankers Association today announced the promotion of Jamie Woodwell to Senior Vice President of Commercial/Multifamily Policy and Strategic Industry Engagement.
CREF Policy Update: FHFA Releases Annual Scorecard for Fannie Mae and Freddie Mac
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Trepp Reports CMBS Delinquency Rate Rises Again in December
Trepp, New York, reported its CMBS delinquency rate rose in December, with the overall rate up 17 basis points to 6.57%.