MBA CREF COVID-19 Update

A summary of the legislative, regulatory and operational items our membership has asked MBA to help address, including actions, next steps and how you can get involved.

CREF Highlights

Commercial and multifamily developments and activities from MBA relevant to your business and our industry.

Personnel News from NorthMarq, JLL

Travis Krueger, NorthMarq’s chief administrative officer, was promoted to chief operating officer effective May 1. He succeeds Mike Myers, who retired March 31.

Commercial/Multifamily Briefs

Hudson Oak Development, New York and Greenville, S.C., launched an opportunity fund targeting development opportunities and value-add to core-plus properties in southern and Mid-Atlantic markets with strong fundamentals that will support sustained occupancy and rent growth.

COVID-19 Shakes Real Estate Sentiment

Commercial real estate occupier and investor sentiments moved into negative territory in both the U.S. and Canada, the Association for International Real Estate Investors and the Royal Institution of Chartered Surveyors reported.

Dealmaker: JLL Arranges $85M

JLL Capital Markets, Chicago, arranged $85.2 million for retail and condominium properties in Boulder, Colo. and Miami.