Twenty individuals representing technology firms and companies leveraging technology to finance commercial real estate, met virtually Wednesday, January 13th.
Category: News and Trends
MBA Now: LaBianca, Chandler, Rocco Discuss CREF21
MBA is bringing together under one roof two highly anticipated events via MBA LIVE, an interactive virtual convention experience.
Renters Struggle as Income Stagnates, Unemployment Remains High
Renters’ median income growth stopped last year, and more than three million renters who face COVID-19 unemployment carry extreme housing cost burdens, analysts said.
Personnel News from Walker & Dunlop, Colony Capital
Walker & Dunlop, Bethesda, Md., hired a property sales team in Chicago. Managing Directors Todd Stofflet and Jason Stevens and Associate Director Brad Smith will market and sell multifamily assets in Chicago and throughout the Midwest for the Walker & Dunlop Investment Sales platform.
CREF Engagement Team Adds Texas Presence, Hiring Jacky Salazar
The CREF Policy and Member Engagement team will add Jacky Salazar as Associate Director of Member Engagement this month. She will report to MBA Vice President of Member Engagement Kelli Burke and will work from the Dallas/Fort Worth area.
News in Brief from Eastern Union, CBRE, Luxury Mortgage Corp.
With a demand for a second round of federal Paycheck Protection Program (PPP) loans that will inevitably exceed supply, real estate finance company Eastern Union, Brooklyn, is urging pandemic-wracked small businesses nationwide to get a head start on the loan approval timetable by immediately pre-applying for the program.
CREF Policy Update Jan. 14, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Quote
“Dallas is such an important hub for servicers, so the idea of adding boots on the ground there just made sense.”
–MBA Vice President of Member Engagement Kelli Burke, discussing MBA’s new Associate Director of Member Engagement Jacky Salazar. Salazar will be based in Dallas.
MBA CREF Summary of FY 2021 Appropriations Act
The Mortgage Bankers Association has prepared highlights of the Consolidated Appropriations and Additional Coronavirus Response and Relief Act, which passed Congress on Dec. 21.
Dealmaker: Berkadia Secures $65M for Multifamily Construction
Berkadia secured $65M in construction financing for multifamily assets in South Carolina and Montana.