MBA, Trade Groups Offer Support for ‘YIMBY’ Bill

You’ve heard, of NIMBY, of course–Not In My Back Yard. Turns out, there’s also YIMBY–Yes, In My Back Yard. And in this case, YIMBY is something the Mortgage Bankers Association and other industry trade groups like.

CREF Highlights

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

Commercial/Multifamily Briefs

Greystone, New York, closed a $600 million commercial real estate collateralized loan obligation backed exclusively by bridge loans on primarily multifamily properties.

Advancing Women in Commercial Real Estate

All businesses benefit by having more women in senior leadership roles, yet women remain underrepresented in commercial real estate leadership, reported Commercial Real Estate Women, Lawrence, Kan.

MISMO Seeks Participants to Standardize Commercial Utility Information

As commercial and multifamily properties deploy more energy- and water-efficient features and lenders seek utility data, MISMO®, the mortgage industry standards organization, seeks participants to help create a Commercial Historical Utility Dataset.

Single-Family Rent Growth Slips

CoreLogic, Irvine, Calif., said rent prices in single-family rental properties increased 2.9 percent year-over-year in July, down slightly year over year.