CBRE, Dallas, announced the sale of Kimberly Place in Danbury, Conn., and One Leonard in Norwalk, Conn., for $39.8 million.
Category: News and Trends
CREF Policy Update: Federal Government Shuts Down Following Congress Stalemate on FY 2026 Appropriations; Read MBA’s Shutdown Member Guide
Commercial and multifamily developments and activities from MBA important to your business and our industry.
MBA Announces Retirement of COO Marcia Davies, Executive Promotions, Additions to Senior Management Team, Other Personnel Changes
The Mortgage Bankers Association announced that Marcia M. Davies, MBA’s Chief Operating Officer and founder of mPower, MBA’s networking platform for women in the real estate finance industry, will retire on Dec. 31, 2025. The association also announced a number of promotions.
Federal Government Shuts Down; Read MBA’s Shutdown Member Guide
As of yesterday morning, the federal government is shut down after Congress failed to come to an agreement on Fiscal Year (FY) 2026 funding. Read MBA’s member guide that outlines the potential impacts to single-family and multifamily government lending programs.
CoStar: Commercial Asset Price Trends Vary by Value
CoStar, Arlington, Va., said commercial asset price trends varied by property value in August.
CREW Network: Gender Pay Gap Dips; Gender Discrimination Rises
Collective efforts to achieve gender parity in the commercial real estate industry are far from complete, Commercial Real Estate Women Network reported this week.
CMF Quote of the Week
“MBA stands ready to work with the administration and Congress on freeing Fannie and Freddie from conservatorship, but MBA will take a back seat to no one in insisting that it is done the right way and does not disrupt the critical role they play in the U.S. housing finance system.”
–Mortgage Bankers Association President and CEO Bob Broeksmit, CMB
From Review to Origination: How to Utilize AI for Faster, More Accurate CRE Appraisal Intelligence (Sponsored by LightBox)
Learn how AI is being used to transform reporting, strengthen credit and risk workflows, and enable smarter, faster CRE lending decisions.
MISMO Publishes Artificial Intelligence Glossary
MISMO, the real estate finance industry’s standards organization, announced the release of the Artificial Intelligence (AI) Glossary, a resource designed to establish a shared vocabulary for AI across mortgage finance.
Bankrate: One in Six Prospective Home Buyers Has Given Up
Bankrate, New York, reported one in six aspiring homeowners has given up on purchasing a home in the past five years because they could not find anything they liked or could afford.