Newmark, New York, arranged a $275 million loan to refinance a multifamily asset in New York City.
Category: News and Trends
CREF Policy Update: MBA Update on HUD Operations, Recommendations for FHA, Ginnie Mae Program Improvements
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Commercial/Multifamily Briefs, March 13, 2025
Commercial/multifamily industry news from JLL, LightBox and Merchants Bank.
Trepp: CMBS Delinquency Rate Decreases in February
Trepp, New York, found the CMBS Delinquency Rate fell in February, with the overall rate decreasing 26 basis points to 6.3%.
CREF Policy Update
Commercial and multifamily developments and activities from MBA important to your business and our industry.
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.