Greystone, New York, provided a $20.8 million Fannie Mae Delegated Underwriting & Servicing loan to refinance a 206-unit multifamily property in Allentown, Pa.
Category: News and Trends
CREF Policy Update: Scott Turner Confirmed as HUD Secretary
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Christine Chandler: For Servicers, Challenges, Opportunities Abound
DALLAS–Christine Chandler, 2025 Mortgage Bankers Association Chair-Elect and Chief Credit Officer and Chief Operating Officer at M&T Realty Capital Corp., discussed hot topics in the servicing industry–including natural disasters, insurance costs and policy challenges–during her opening remarks at MBA’s 2025 Servicing Solutions Conference & Expo.
MBA Statement on Confirmation of Scott Turner as HUD Secretary
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on Scott Turner’s confirmation by the full Senate to serve as Secretary of the Department of Housing and Urban Development.
CREF Policy Update: MBA Responds Swiftly to Exclude Government Lending Programs from Federal Spending Freeze Memo
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Chart of the Week: End-of-Quarter Delinquency Status, by Property Type, Share of Total Unpaid Principal Balance
Delinquency rates for commercial property mortgages increased in the fourth quarter of 2024, according to the Mortgage Bankers Association’s (MBA) latest Commercial Real Estate Finance (CREF) Loan Performance Survey.
RentCafe: Record Office-to-Apartment Unit Conversions Projected
RentCafe, Santa Barbara, Calif., found a record 70,700 apartments are set to be converted from office space.
Higher-End Hotels Will Drive Industry Performance, CoStar and Tourism Economics Forecast
Higher-end hotels will continue to drive industry performance, according to CoStar, Washington, D.C. and Tourism Economics, Philadelphia.
Dealmaker: Berkadia Arranges $126M Sale, $94M Financing in Sacramento
Berkadia, Ambler, Pa., arranged the $126 million sale of The Strand, a new 408-unit, garden-style apartment community in West Sacramento, Calif.
Commercial and Multifamily People in the News, February 6, 2025
Commercial and multifamily personnel news from Greystone, JLL, Mount Street, CBRE and Peachtree Group.