BWE, Cleveland, secured $47 million from Mesa West Capital, Los Angeles, to refinance Discovery Village at the West End in Richmond, Va.
Category: News and Trends
CREF Policy Update: MBA Opposes Biden Campaign’s Nationwide Rent Control Proposal; MBA to FHFA–Expand FHLB Membership to IMBs and REITs
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Commercial and Multifamily People in the News July 25, 2024
Industry news from Berkadia, JLL and CBRE.
CMF Quote of the Week: July 18, 2024
“Although new supply is at a nearly 40-year high, that headwind will be short lived, and is typically located in areas with high demand.”
–Sara Hoffmann, Senior Director of Multifamily Research at Freddie Mac
MBA Chart of the Week: State, Local Building Performance Standards
New York City has Local Law 97. Washington D.C. has its Building Energy Performance Standards (BEPS). Seattle has its Building Emissions Performance Standards (also BEPS). Denver has its Building Performance Policy (BPP).
RealPage: Apartment Demand Remains Very Strong
RealPage, Richardson, Texas, found that year-to-date data points to 2024 shaping up to be one of the strongest years of apartment demand on record.
In Case You Missed It–A Look at the Second Annual mPact Summit and What’s Next
This spring, more than 100 mortgage industry professionals gathered in Plano, Texas, for a day of learning and networking, largely aimed at young and early-career participants.
MBA Opposes Biden Campaign’s Nationwide Rent Control Proposal
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on President Joe Biden’s campaign proposal to cap rents nationally.
Dealmaker: CBRE Secures $130M Construction Financing in Los Angeles
CBRE Capital Markets’ Debt and Structured Finance secured $130 million in construction financing for the development of a studio campus in the downtown Los Angeles Arts District.
CREF Policy Update: FHFA Announces New Resident-Centered Practices for GSE-backed Multifamily Properties
Commercial and multifamily developments and activities from MBA important to your business and our industry.