The Mortgage Bankers Association yesterday released its 2020 Rankings of Commercial/Multifamily Mortgage Firms by origination volumes. The report said JLL, CBRE and KeyBank led commercial/multifamily overall rankings.
Category: News and Trends
MBA RIHA Study: Affordability Growing Challenge for Low-, Moderate-Income Renters in Majority of Top 50 Metros
Home prices and rent appreciation have exceeded income growth since the turn of the 21st century. This has created economic obstacles for many American households, especially for low- and moderate-income renters living in cities with recent employment growth but significant housing supply constraints.
Investors Gauge Risks, Opportunities in ESG Factors
Environmental, Social and Governance factors are growing more important in both initial investment decisions and ongoing monitoring after investment, said UBS Asset Management, Zurich, Switzerland.
Work-From-Home Trend Pressures Office Properties
The central business district shutdowns that began just over a year ago dramatically increased remote working and pressure on office properties, said Fitch Ratings, New York.
Apartment Rents Increase at Fastest Rate in 2 Years
Apartment effective asking rents climbed 0.6 percent in February, the fastest single-month pace seen since the middle of 2019, reported RealPage, Richardson, Texas.
MBA: CMF Mortgage Debt Outstanding Up 5.8% in Fourth Quarter
Commercial/multifamily mortgage debt outstanding at the end of 2020 rose by $212 billion (5.8 percent) from the previous year, the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report said.
Deal Activity Falls in January after Record December
Real Capital Analytics, New York, reported commercial real estate deal activity dropped significantly in January after a year-end surge in apartment, industrial and office sales.
Multifamily Market Musings: Q & A with MBA AVP Sharon Walker
MBA NewsLink interviewed MBA Associate Vice President of Commercial/Multifamily Sharon Walker, who represents MBA members active in multifamily finance. She advocates on policy issues primarily related to Fannie Mae, Freddie Mac and the Federal Housing Administration and oversees numerous related committees, working groups, councils and events.
Distressed Debt Monitor: A Conversation with CBRE’s Patrick Connell on the Role of Receiverships
2021 and beyond looks to be a marketplace defined by haves and have-nots with significant property type performance divergence both within and across property types. MBA Newslink interviewed CBRE’s Patrick Connell for some perspective on downturns and the role receiverships play in navigating the path to recovery.
Briefs From Freddie Mac, Arbor Realty Trust
Freddie Mac, McLean, Va., announced the pricing of the SB84 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust.