AUSTIN, TEXAS–The Mortgage Bankers Association swore in its Board of Directors for the 2020 membership year here at the association’s 2019 Annual Convention & Expo.
Category: News and Trends
Brian Stoffers, CMB, Takes Helm as MBA Chairman
AUSTIN, TEXAS–Like many people attending the Mortgage Bankers Association’s Annual Convention & Expo here, Brian Stoffers, CMB, never intended to become a mortgage banker.
MBA, Trade Group CEO Letter Urges Policymakers to Get Housing Reform ‘Right this Time’
Mortgage Bankers Association President & CEO Robert Broeksmit, CMB, and the leaders of three other major industry trade groups penned a letter that appeared in American Banker urging policymakers to take a “thoughtful and balanced” approach to housing reform to get it “right this time.”
People in the News
Institutional Property Advisors announced Jim Koury joined the company as a senior managing director in Boston.
CREF Highlights
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
CRE Prices Grow, Volume Slows
U.S. commercial properties’ annual price growth increased in August even as deal volume slid for a second consecutive month, Real Capital Analytics and CoStar reported.
Apartment Occupancy, Rents Rise
RealPage, Richardson, Texas, reported U.S. apartment occupancy approached a record level in the third quarter.
Flexible Office Market Poised for Growth
The flexible office space market should grow significantly over the next decade as flex operators consolidate and forge financial partnerships with building owners, said CBRE, Los Angeles.
Single-Tenant Net Lease Cap Rates Fall Again
Single-tenant net lease cap rates fell across the board in the third quarter, reported The Boulder Group, Wilmette, Ill.
Commercial/Multifamily Briefs
The White House Opportunity and Revitalization Council introduced OpportunityZones.gov, a new information hub for the Opportunity Zones initiative.