“MBA commends President Donald Trump and FHFA Director Bill Pulte for their commitment to address our nation’s ongoing housing affordability challenges and boosting construction of affordable rental housing.”
–MBA’s President and CEO Bob Broeksmit, CMB
House sales in master-planned communities declined at mid-year in part due to heightened economic uncertainty and weak consumer sentiment, according to RCLCO Real Estate Consulting’s latest Master-Planned Communities Report.
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the Federal Housing Finance Agency’s (FHFA) announcement of an increase in the cap of allowable Fannie Mae and Freddie Mac (the GSEs) investments in Low-Income Housing Tax Credits (LIHTC),
Technology is rapidly reshaping the commercial real estate finance industry—and MBA is launching a new initiative to help members stay ahead of this transformation.
The MBA Opens Doors Foundation (Opens Doors) welcomed Nolan Turner, CMB, Managing Director at Carrington Holdings, to its Board of Directors. Opens Doors provides mortgage and rental assistance to families with critically ill or injured children, allowing parents and guardians to be by a child’s side during treatment, without fear of jeopardizing their home.
Total nonfarm payroll employment increased by 73,000 in July and the unemployment rate stood at 4.2%, the U.S. Bureau of Labor Statistics reported Aug. 1.
MBA President and CEO Bob Broeksmit, CMB, released two statements over the weekend supporting the nomination of Joe Gormley to serve as President of Ginnie Mae and Frank Cassidy to be Commissioner of the Federal Housing Administration.
Trepp, New York, announced the CMBS Delinquency Rate rose for the fifth straight month in July, up 10 basis points to 7.23%.
The hotel construction pipeline grew 3% from a year ago and projects in the early planning stage increased by 14%, according to Lodging Econometrics, Portsmouth, N.H.
Mesa West Capital, Los Angeles, originated $55 million in first mortgage debt to refinance a luxury hotel in West Los Angeles.
