“There were positives in the [hotel] profitability data even as occupancy flattened and the extension of the summer leisure lift came to an end.” –STR Operations Analyst Audrey Kallman
Category: News and Trends
Personnel News from Dwight Capital, Altus Group
Dwight Capital, New York, hired Ryan Miles as its Managing Director – Chief LEAN/Healthcare Underwriter.
MBA LIBOR Transition Updates
It has been a busy time for LIBOR transition progress, so here are the latest updates.
‘Sluggish’ Acquisitions Slow Third-Quarter CRE Lending Activity
“Sluggish” commercial real estate investment activity caused loan closings to slow in the third quarter, reported CBRE, Los Angeles.
MBA Announces 2021 Commercial Real Estate/Multifamily Finance Board of Governors
The Mortgage Bankers Association announced members of its Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) for 2021.
Deep End of the CMBS Pool: A Conversation With KBRA
The quickly soured commercial mortgage-backed securities market, with pockets of challenged hotel and retail collateral properties in markets scattered across the country, is the commercial real estate story of 2020.
CRE Investment Up, But Caution Prevails
JLL, Chicago, said global real estate investment improved in the third quarter, but COVID-19 uncertainty continues to hamper markets.
ULI: Real Estate Industry Should Promote Health, Social Equity
The real estate industry should adopt health and social equity practices and promote those already in existence, said the Urban Land Institute, Washington. D.C.
The Wonder Years: Freddie Mac’s K Series Turns 11
Every once in a while, a new technology, an old problem, and a big idea turn into an innovation. – Dean Kamen
CMBS Special Servicing Rate Slips, Issuance Could Bounce Back in 2021
Trepp, New York, reported the commercial mortgage-backed securities special servicing rate inched down in October after peaking in September.