How companies and their workforces will use office going forward is an increasingly popular subject in 2020. There are questions around existing buildings and how landlord business plans and those of their lenders will perform.
Category: News and Trends
Dealmaker: Merchants Capital Secures $25M For Indiana Mixed-Use
Merchants Capital, Carmel, Ind., secured $25 million in financing for mixed-use development River Point West, coming soon to Elkhart, Ind.
Quote
“Losing one [office] tenant that occupies 30 percent of your space might have a very big multiplier effect on your income that puts you underwater really quickly,”
–Moody’s Economist Victor Calanog in the Wall Street Journal [See “Reimagining Office While Working From Home” for more].
Marcus & Millichap Brokers $77M in California Property Sales
Marcus & Millichap, Calabasas, Calif., brokered the sale of a five-story, 123-room hostel in downtown San Francisco. The building sold for $19 million.
Report Sees Potential Single-Family Rental Headaches
Single-family rental property fundamentals remain healthy, but there could be trouble on the horizon.
MBA Chart of the Week: Appetite for Commercial and Multifamily
One of the most striking aspects of the pandemic’s impact on commercial real estate markets is the markedly disparate impact it is having on different property types.
MBA Recognizes Select Members
MBA recognizes its Select Associate Members and thanks them for their continued support of MBA and the real estate finance industry.
MBA Recognizes Premier Members
MBA is proud to recognize its Premier Associate Members and thank them for their continued support of MBA and the real estate finance industry.
MORPAC Honors CBRE’s Jeff Hurley with 2020 Schumacher-Bolduc Award
The Mortgage Bankers Association Political Action Committee honored Jeff Hurley, Senior Managing Director with CBRE, with the 2020 Schumacher-Bolduc Award.
MBA Annual20: FHFA Proposes Rule for New Enterprise Products, Activities
Federal Housing Finance Agency Mark Calabria told MBA members that the agency wants comments on a proposed rule that would require Fannie Mae and Freddie Mac to obtain approval for new products and notice before engaging in new activity.