Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Category: News and Trends
Office Employees Value Flexibility in COVID-19 Era
U.S. employees are re-examining their relationship with their offices due to COVID-19, said CBRE Hana, New York.
People: Philip Miller Joins Greystone, Avison Young Hires Landon Dory
Greystone announced Philip Miller‍ joined the company as a Managing Director in a newly created role focused on developing PropTech strategies across its lending platforms.
Commercial/Multifamily Briefs
Freddie Mac, McLean, Va., priced a new offering of Structured Pass-Through K Certificates backed by fixed-rate multifamily mortgages with predominantly 10-year terms as underlying collateral.
Personnel News from Institutional Property Advisors, Walker & Dunlop
Institutional Property Advisors hired brokerage team Peter Bauman and Tivon Moffitt in Phoenix.
Andrew Foster: Mezzanine Market Musings
The commercial real estate mezzanine loan market is ripe with interesting market developments this year.
Dealmaker: Marcus & Millichap Closes Two California Deals Totaling $49M
Marcus & Millichap, Calabasas, Calif., closed two transactions in California totaling $48.9 million.
Real Estate Economists Expect Short-Lived Recession
The COVID-19 crisis has shocked markets everywhere, but some U.S. real estate economists expect a short-lived recession and above-average GDP growth in 2021 and 2022, said the Urban Land Institute, Washington, D.C.
Analysts Downgrade Hotel Forecast Again
STR and Tourism Economics once again updated their hotel sector forecast. They now expect a 57.5 percent revenue per available room decline this year and a 48 percent RevPAR increase next year.
FHFA Re-Proposes Capital Rule to Move GSEs from Conservatorship
The Federal Housing Finance Agency issued a notice of proposed rulemaking that establishes a new regulatory capital framework for Fannie Mae and Freddie Mac. The proposed rule is a re-proposal of the notice of proposed rulemaking published in July 2018.