Two hotel sector data firms, STR and Tourism Economics, significantly downgraded their 2024-2025 U.S. hotel forecast.
Category: News and Trends
MBA: Commercial Mortgage Delinquency Rates Increased in First Quarter
Commercial mortgage delinquencies increased in the first quarter of 2024, according to the Mortgage Bankers Association’s latest Commercial Delinquency Report.
Commercial and Multifamily People in the News June 6, 2024
Industry personnel news from JLL, Merchants Capital, Greystone and DLA Piper.
CMF Quote of the Week: May 30, 2024
“The more we understand each side of the role and how they’re viewing things, it does make a difference.”
–Michael Tanner, President of Pacific Southwest Realty Services, on issues between commercial servicers and originators
Optimizing Investment Returns in Single-Family Rentals Through Servicing (Sponsored Content From Planet Loan Servicing)
Uncover strategic methods to mitigate risks and elevate returns in your SFR portfolio through proactive management and specialized servicing.
Christine Beckwith Takes Stage at mPower Event to Talk Safety
NEW ORLEANS–Christine Beckwith, CEO of 20/20 Vision for Success Coaching & Consulting, Laconia, N.H., spoke about setting boundaries and safety tips for business women during a presentation May 21.
CBRE: Urban Retail on the Road to Recovery
CBRE, Dallas, released a new report showing that, despite some current perceptions, the overall landscape for urban retail is making a solid recovery.
Origination Issues in Commercial Servicing: Communication Is Vital, Panel Says
NEW ORLEANS–Making sure originators and servicers are on the same page–on a variety of topics–is helpful to avoid issues down the road, panelists said during a discussion at the Mortgage Bankers Association Commercial/Multifamily Finance Servicing and Technology Conference May 21.
BofA: 70% of Prospective Homebuyers Feel Renting Could Harm Their Financial Future
Many prospective homebuyers fear the long-term consequences of renting, including 70% who feel they’re not making a long-term investment in their future, and 72% who worry that rent increases could affect their finances, according to a new Bank of America report.
Dealmaker: Walker & Dunlop Closes $155M Refinancing for Manhattan’s Lexington Hotel
Walker & Dunlop, Bethesda, Md., completed a $155 million refinancing deal for the Lexington Hotel, a historic landmark in Midtown Manhattan.