Newmark, New York, closed a $500 million acquisition and construction loan for 111 Wall Street in Manhattan’s Financial District.
Category: News and Trends
Personnel News From Greystone, CBRE
Greystone, New York, announced Sampada D’silva joined the firm as a Deputy Chief Credit Officer.
Apartments Grow as Work from Home Spreads
RENTCafé, Santa Barbara, Calif., reported many apartments are growing larger, in part due to increased working from home.
Most Senior CMBS Found ‘Resilient’ Under Stress Test
Most high investment-grade rated commercial mortgage-backed securities multi-borrower bonds can withstand downgrades under a new hypothetical stress test, Fitch Ratings reported last week.
State of the Nation’s Housing: Millions Face Risk of Eviction, Foreclosure
Households that weathered the pandemic without financial distress are “snapping up” the limited supply of homes for sale, pushing up prices and excluding less-affluent buyers from homeownership, the Joint Center for Housing Studies at Harvard University reported Wednesday.
CREF Policy Update June 24, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Quote
“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.
MISMO Approves Commercial Appraisal Dataset Standard
MISMO®, the real estate finance industry’s standards organization, announced availability of its updated Commercial Appraisal Dataset standard.
MBA, Real Estate Industry Commend Administration for Recovery Efforts; Call for End to Nationwide Eviction Moratorium
The Mortgage Bankers Association and a broad real estate coalition on Friday commended measures President Biden has taken to stabilize the housing sector and urged the administration to sunset the federal moratorium on evictions on June 30.