On May 5, U.S. District Court Judge Dabney Friedrich issued an order vacating the U.S. Centers for Disease Control and Prevention’s national eviction moratorium, but also put a temporary pause on the order, meaning that (as of this writing) the CDC moratorium, which is scheduled to expire on June 30, remains in place. A number of state-level bans also remain.
Category: News and Trends
DLA Piper: CRE Executives Becoming Bulls Again
Commercial real estate executives are once again bullish about the U.S. CRE market after an uncertain 2020, DLA Piper’s Global Real Estate Annual State of the Market Survey reported.
Dealmaker: Dwight Capital Finances $178 Million
Dwight Capital, New York, closed $178 million in financings for senior living, mixed-use and multifamily properties.
Hotel Analysts Upgrade Sector
STR, Hendersonville, Tenn., and Tourism Economics, Wayne, Pa., upgraded their 2021 U.S. hotel sector forecast after seeing stronger than expected demand during the first quarter.
Personnel News From USAA Real Estate, JLL, Merchants Capital
USAA Real Estate, San Antonio, announced Ryan Krauch, most recently a principal with Morgan Stanley’s Mesa West Capital, is joining its senior leadership team as Executive Managing Director and member of the investment committee.
Robin Bolz: How to Harness and Leverage Data in Today’s CRE Markets
MBA NewsLink interviewed Robin Bolz, Managing Director and Head of Commercial Real Estate Strategy at JPMorgan Chase, about the future of data and commercial lending.
Going, Going, Gone: Discussing Note Sales and CRE Transaction Trends With LightBox Managing Director Justin Latorre
As the pendulum swings to economic recovery, real estate investors in search of property acquisitions are turning to investment sales professionals to acquire properties as well as auction companies, with a willingness to bid on both attractive properties and mortgage loans. MBA NewsLink interviewed Justin Latorre, Managing Director of Auction Services at LightBox, about trends he sees at a leading auction platform for commercial real estate assets.
Quote
“Many regional banks provided capital across a variety of product types, including permanent, bridge and construction loans. Alternative lenders continue to be a strong source of bridge capital for transitional assets.”
–Brian Stoffers, CMB, Global President of Debt & Structured Finance for Capital Markets at CBRE and past Chair of the Mortgage Bankers Association.
CREF Policy Update May 20, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Treasury Department Releases Revised Rental Assistance FAQs
Last week the United States Department of Treasury released a revised set of frequently asked questions regarding the Emergency Rental Assistance program available for residential tenants. The guidance is intended to speed up the distribution of rental assistance funding to tenants and landlords in need.