BWE, Cleveland, arranged $308 million to refinance two senior living communities in Los Angeles and Philadelphia.
Category: News and Trends
Bob Broeksmit on MBA Advocacy, Priorities in New Administration
WASHINGTON–“In this whirlwind of dramatic change–whether a slew of executive orders or landmark legislation coming down the road, MBA is not hanging back and waiting to see how this will play out,” said Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, at the MBA National Advocacy Conference.
U.S. Adds 228,000 Jobs in March; Industry Economists Weigh In
Total nonfarm payroll increased by 228,000 in March, the U.S. Bureau of Labor Statistics reported Friday.
More Americans Say Homeownership Is Not Attainable, KeyBank Finds
KeyBank, Cleveland, released its 2025 Financial Mobility Survey, finding that 46% of survey respondents who don’t currently own a home say it’s not attainable for them.
JLL: Office Sector Regaining its Central Role in Commercial Real Estate–At a Cost
The office sector has regained a central role in commercial real estate as corporations adjust their hybrid policies to favor in-office attendance, according to JLL, Chicago.
Multifamily Performance Solid in March, Yardi Matrix Finds
Yardi Matrix, Santa Barbara, Calif., found the average U.S. advertised multifamily asking rent grew $5 nationally in March to $1,755.
Q&A: Understanding the Playbook for Distressed Asset Due Diligence
It’s a good time to brush up on the essential tools of distressed asset due diligence, says Erika Haberlen from Partner Engineering and Science, Inc. and Partner Valuations Advisors.
Point2Homes: Long-Term Single-Family Rentals Gaining Ground
Point2Homes, Santa Barbara, Calif., released a new report finding that renters are staying in single-family homes for longer.
CMF Quote of the Week
“State-by-state adoption of CPACE gained further momentum last year. Several new states passed C-PACE program legislation to bring the total to 40 states including Washington, D.C. And enhancements to individual programs, such as in New York City, continue to fine-tune local regulations for easier implementation.”–Anne Hill, Senior Vice President of Bayview PACE, a subsidiary of Bayview Asset Management
ATTOM: Homeownership Remains a Financial Stretch
Median-priced single-family homes and condos were less affordable in first-quarter 2025 compared to historical averages in 97% of counties around the nation with enough data to analyze, according to ATTOM, Irvine, Calif.