The commercial mortgage-backed securities delinquency rate fell again in August after posting a big decline July.
Category: News and Trends
For Houses, More Bedrooms; Apartments, Less Space
In this pandemic-induced new normal, size matters if you’re a homeowner: average size of new single-family homes are bigger today than they were 10 years ago while apartment sizes appear to be shrinking, according to a new report from StorageCafe.
JLL: ‘Passive’ Investment Growth Could Boost Private Real Estate Market
JLL, Chicago, said increased passive investment into public real estate investment trusts could drive a new wave of capital into private real estate markets.
Dealmaker: Bellwether Enterprise Closes $98M
Bellwether Enterprise, Cleveland, arranged $97.5 million to refinance seniors apartments in California and workforce housing in Fargo, N.D.
Administration Issues Nationwide Eviction Moratorium Through Dec. 31
Citing the need to “prevent the further spread of COVID-19,” the Trump Administration issued an order temporarily halting residential evictions through Dec. 31.
Personnel News from Fannie Mae, JLL, Walker & Dunlop, Sunwest Bank
Fannie Mae, Washington, D.C., appointed Jeffery Hayward to the newly created position of Executive Vice President and Chief Administrative Officer and Michele Evans as Executive Vice President and Head of Multifamily.
CREF Highlights Sept. 3, 2020
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Oregon Extends HB 4204 Commercial/Multifamily Mortgage Forbearance Provisions Until Year-End
Oregon Governor Kate Brown (D.) took executive action on Monday to extend forbearance and foreclosure provisions in HB 4204.
Briefs from Dwight Capital, Love Funding, Colliers International
Dwight Capital, New York, acquired Love Funding, the HUD lending subsidiary of Midland States Bank.
MBA Circulates LIBOR Transition Survey for Commercial/Multifamily Members
MBA recently circulated a survey on LIBOR transition to commercial/multifamily members. The brief survey is designed for commercial mortgage lenders, but also includes servicers, special servicers and service providers that likely may be directly or indirectly impacted by the transition.