Gantry, San Francisco, secured a $28 million permanent loan to refinance the Torrance Memorial Lundquist-Lurie Cardiovascular Center in Torrance, Calif.
Category: News and Trends
Permits for Homes Fell in 2023, Point2 Reports
Point2, Saskatoon, Saskatchewan, released its Housing Construction Report for the U.S., finding that 70% of U.S. metros experienced declines in permitting in 2023.
CMF Quote of the Week: March 14, 2024
“Thanks to Secretary Fudge, we’ve helped first-time homebuyers, and we are working to cut the cost of renting. And there are more housing units under construction right now than at any time in the last 50 years.”
–President Joe Biden on the retirement of Marcia L. Fudge, Secretary of the U.S. Department of Housing and Urban Development
CREF Policy Update March 14: SEC Finalizes Climate-Related Disclosure Rules; Scope 3 Excluded
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Office Sector Drives CMBS Delinquency Rate Up Slightly: Trepp
The delinquency rate for commercial mortgage-backed securities inched upward in February, according to Trepp, New York.
CMF Quote of the Week: March 7, 2024
“MBA and its members are active participants in policy conversations and market developments on climate risk, extreme weather impacts, and ESG investing at the federal and state levels.”
–MBA President and CEO Bob Broeksmit, CMB
MBA Opens Doors Foundation Welcomes M&T Realty Capital Corp’s Christine Chandler and Mphasis Digital Risk’s Jeffrey C. Taylor to Board of Directors
The MBA Opens Doors Foundation yesterday welcomed Christine Chandler, MBA’s 2024 Vice Chair and Executive Vice President, Chief Credit Officer, and Chief Operating Officer at M&T Realty Capital Corporation, and Jeffrey C. Taylor, Founder & Managing Director at Mphasis Digital Risk, to its Board of Directors.
MBA Appoints Victor Calanog of Manulife Investment Management Vice-Chair of 2024 Affordable Rental Housing Advisory Council; Announces Council Roster
The Mortgage Bankers Association is pleased to announce that Victor Calanog of Manulife Investment Management will serve as Vice-Chair of the 2024 Affordable Rental Housing Advisory Council.
CREF Policy Update March 7: MBA Statement on the House Passage of the FY 2024 Funding Package
Commercial and multifamily developments and activities from MBA important to your business and our industry.
RealPage: Apartment Occupancy by Type Returning to Pre-Pandemic Norms
RealPage, Richardson, Texas, reported occupancy among unit types is rebounding to pre-COVID patterns. Specifically, three-bedroom unit occupancy–which hit record highs in 2021 and 2022–is softening.