Commercial and multifamily developments and activities from MBA important to your business and our industry.
Category: News and Trends
CBRE: Data Centers See Strong 2024
CBRE, Dallas, reported supply in primary data center markets increased by 34% year-over-year in 2024, significantly more than the 26% increase in 2023.
CMF Quote of the Week
“Despite ongoing challenges like inflationary pressures, high interest rates, and rising distressed opportunities, investors continue to recognize significant opportunities in the multifamily sector.”
–Berkadia Executive Vice President and Head of Production Ernie Katai
Berkadia Poll: Expectations of Increased Multifamily Activity in 2025
Berkadia, Ambler, Pa., released its latest Multifamily Powerhouse Poll Outlook, finding that respondents expect increased multifamily transaction activity this year, driven by improving economic outlook.
MISMO Seeks Public Comment on New Housing Counseling Dataset Specification
MISMO, the real estate finance industry’s standards organization, is seeking public comment on a new Housing Counseling Dataset Specification (HCDS). The 60-day public comment period runs through April 29, 2025.
Dealmaker: M&T RCC Closes $38.7M Loan for New York City Property
M&T Realty Capital Corp., Baltimore, provided $38.71 million in financing via a Freddie Mac Targeted Affordable Housing loan for a property in Long Island City, Queens, New York.
JLL Sees ‘Double-Digit’ Medical Outpatient Building Growth on Horizon
An aging population, surging outpatient demand and the need for services near growing populations are all contributing to strong demand in the healthcare sector, according to JLL, Chicago.
Commercial and Multifamily People in the News, Feb. 27, 2025
Industry personnel news from Cushman & Wakefield, Access Point Financial, Peachtree Group and Greystone.
CMF Quote of the Week
“Mr. McKernan’s deep regulatory experience at the FDIC, the Federal Housing Finance Agency and the Treasury Department, in private law practice, and as a former Senate staffer–coupled with his background working on housing policy–makes him a strong choice to lead the regulatory reforms necessary to lower compliance costs and pass those savings along to prospective homeowners and renters.” –MBA letter on the nomination of Jonathan McKernan to be the next Director of the Consumer Financial Protection Bureau
Achieve Survey: Americans’ Financial Trends Stable, but Challenges Remain
Achieve, San Mateo, Calif., released its quarterly debt survey, finding that 26% of households report accruing more debt over the past quarter. However, that’s down from the 28% that said the same in Q4 2024.