Greystar Real Estate Partners, Charleston, S.C., launched and funded Greystar Credit Partners II LP, a $600 million commercial real estate debt fund that will focus acquiring securitized subordinated debt issued by the GSEs and private label securitizations, junior notes or mezzanine debt collateralized by multifamily assets.
Category: News and Trends
Personnel News from Merchants Capital, Institutional Property Advisors, Walker & Dunlop
Merchants Capital hired Dewayne Hayward as Vice President, Federal Housing Association Asset Management and Mark Ciarrocchi as Senior Vice President, Investor Accounting.
FFIEC Issues Joint Statement on Additional Loan Accommodations Related to COVID-19
The Federal Financial Institutions Examination Council issued a joint statement on additional loan accommodations related to COVID-19 on Monday.
Personnel News from Walker & Dunlop, Marcus & Millichap
Walker & Dunlop and GeoPhy appointed Nicole Urquhart-Bradley as Chief Operating Officer and Managing Director of their multifamily appraisal business, Apprise.
Briefs from Reonomy, Walker & Dunlop and Timberland Partners
Reonomy added commercial mortgage-backed securities data to its national coverage.
MBA Education School of Multifamily Mortgage Banking Goes Virtual
MBA Education recently moved its popular School of Multifamily Mortgage Banking online.
The Latest on LIBOR Transition with Metlife’s Reena Pally
MBA NewsLink interviewed Reena Pally, Managing Director of Real Estate Debt Strategies with MetLife Investment Management, about the transition away from LIBOR to a successor index for floating-rate loans.
Multifamily Lending Increased 7% to New Record High in 2019
Fueled by strong market fundamentals and low interest rates, 2,589 different multifamily lenders provided $364.4 billion in new mortgages in 2019 for apartment buildings with five or more units, according to the Mortgage Bankers Association’s annual multifamily lending market report.
Daniel Phelan Discusses the School of Multifamily Mortgage Banking’s New Virtual Format
Pacific Southwest Realty Services President and CEO Daniel Phelan, CMB, CRI, CCMS, discussed the hands-on, instructor-guided online School of Multifamily Mortgage Banking. Phelan serves as curriculum contributor and lead instructor for the School of Multifamily Mortgage Banking.
MBA CREF COVID Communication–Legislative and Regulatory Update–July 28, 2020
A summary of the COVID-19-related legislative, regulatory and operational items that the membership has asked MBA to help address, including actions, next steps and how you or your team can get involved.