Commercial real estate lending activity started 2019 strong as equity and debt markets were calmed by the Federal Reserve’s decision to hold firm on rates, reported CBRE, Los Angeles.
Category: News and Trends
CMBS Delinquency Rates Fall to Post-Crisis Low
The commercial mortgage-backed securities delinquency rate fell six basis points to 2.82 percent in April, the lowest delinquency reading since the 2008 financial crisis.
Commercial/Multifamily Briefs
Law firm McGuireWoods launched a multidisciplinary team to assist clients with opportunity zone investment and development.
Positive Office Absorption Streak Stretches
The U.S. office sector secured its 34th consecutive quarter of positive absorption this year as asking rents trended higher, reported Cushman & Wakefield, New York.
Hotel Performance Falls Below Predictions
The U.S. hotel industry saw positive but below expected first quarter results, reported STR, Hendersonville, Tenn.
Ernie Jolly Joins MBA as Associate Vice President of Legislative Affairs
The Mortgage Bankers Association announced Ernie Jolly joined the Association as Associate Vice President of Legislative Affairs, responsible for advocating on behalf of MBA’s legislative and policy priorities on Capitol Hill, with a primary focus on Democratic members of the House of Representatives.
Ernie Jolly Joins MBA as Associate Vice President of Legislative Affairs
The Mortgage Bankers Association announced Ernie Jolly joined the Association as Associate Vice President of Legislative Affairs, responsible for advocating on behalf of MBA’s legislative and policy priorities on Capitol Hill, with a primary focus on Democratic members of the House of Representatives.
Ernie Jolly Joins MBA as Associate Vice President of Legislative Affairs
The Mortgage Bankers Association announced Ernie Jolly joined the Association as Associate Vice President of Legislative Affairs, responsible for advocating on behalf of MBA’s legislative and policy priorities on Capitol Hill, with a primary focus on Democratic members of the House of Representatives.
Commercial/Multifamily Briefs
Northstar Commercial Partners, Denver, launched the $125 million Northstar Integrity Growth Fund in partnership with Integrity Trust, Colorado Springs, Colo.
Arbor: Small-Balance Multifamily Well Positioned in Case of Downturn
Small-balance multifamily assets should be well positioned to survive the next financial downturn, reported Arbor, Uniondale, N.Y.
