Commercial/Multifamily Briefs

Investment banking firm John B. Levy & Co., Richmond, Va., released a new version of its Giliberto-Levy Commercial Mortgage Performance Index.

Strong New Issuance Offsets CMBS Delinquencies

Strong new issuance volume led to a decline in the U.S. commercial mortgage-backed securities delinquency rate last month, reported Fitch Ratings, New York.

MBA Urges ‘Holistic’ Approach to Tax Reform

Citing a “once in a generation opportunity,” the Mortgage Bankers Association sent a letter this week to key policymakers on Capitol Hill and the Trump Administration, outlining ideas for comprehensive tax reform.

Steady Rise in Small Balance Lending

Small balance multifamily lending–including acquisition and refinancing loans with original balances between $1 million and $5 million–is rising steadily and could set a record in 2017, said Chandan Economics and Arbor.

CREF Highlights

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

Commercial Briefs

Pillar Financial, New York, received approval as a Fannie Mae Seniors Housing Lender through the GSE’s Delegated Underwriting and Servicing program.