Predicting Retail’s Future

The changing retail landscape will create new winners and losers, and retailers and landlords who understand consumer expectations will be more successful, said JLL, Chicago.

Commercial/Multifamily Briefs

Private mortgage lender BridgeCore Capital, Beverly Hills, Calif., expanded its commercial loan program to include a complementary second mortgage/mezzanine loan product for borrowers seeking short-term bridge financing on commercial properties.

First-Half CRE Construction Starts Slip

Dodge Data & Analytics, New York, reported commercial and multifamily construction start volume totaled $101.4 billion during first-half 2019, down 6 percent from $107.4 billion in 2018’s first half.

Opportunities in an Evolving Retail Sector

An evolving retail sector is providing opportunities for investors and giving underwriters more confidence in retail’s long-term outlook, said Marcus & Millichap, Calabasas, Calif.

MBA Names Kelli Burke Vice President of Commercial Real Estate Finance

The Mortgage Bankers Association appointed Kelli Burke as Vice President of Commercial Real Estate Finance. Her responsibilities will include leading MBA’s CREF member engagement activities across the various sectors within the industry, creating content development for MBA’s CREF-related conferences and convened meetings and developing best practices and business intelligence tools for members.

MBA Names Kelli Burke Vice President of Commercial Real Estate Finance

The Mortgage Bankers Association appointed Kelli Burke as Vice President of Commercial Real Estate Finance. Her responsibilities will include leading MBA’s CREF member engagement activities across the various sectors within the industry, creating content development for MBA’s CREF-related conferences and convened meetings and developing best practices and business intelligence tools for members.

Tracking Potential Multifamily Risks

Multifamily fundamentals remain healthy, demonstrated by record second quarter absorption. But the sector faces some threats, analysts said.