Industry personnel news from JLL, Merchants Capital, Greystone and DLA Piper.
Category: News and Trends
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)
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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.
CREF Policy Update: MBA Joins Coalition Letter to FHFA on Building Code Requirements
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Newmark Finds Surging Multifamily Demand
Newmark, New York, reported multifamily demand surged in the first quarter with nearly 104,000 units absorbed–the largest first-quarter total since 2000.