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Eight Takeaways from MBA’s CREF/Multifamily Convention and Expo 2018, Day Two
National Real Estate Investor, Feb. 14, 2018--Elaine MisonzhnikAs the annual MBA's CREF/Multifamily convention got underway this week in San Diego, attendees expressed a healthy level of appetite for originating new loans and a desire to lend the same amount or more this year than they did in 2017.
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Blackstone Mortgage Trust Grows Portfolio to Record $11B
The Real Deal (N.Y.), Feb. 14, 2018--Konrad PutzierThe mortgage real estate investment trust issued $1.2 billion in new loans in the fourth quarter and $4.8 billion over the entire year--up 37 percent from 2016.
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MBA Boosts Commercial/Multifamily Team with Pair of Hires
HousingWire, Feb. 19, 2018--Ben LaneSharon Walker joined the MBA in late January as the associate vice president of multifamily. Also joining the MBA is Andrew Foster, who will serve as director, commercial/multifamily.
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S.F. Company’s New Idea: Lease Homes to Potential Atlanta Buyers
Atlanta Journal-Constitution, Feb. 16, 2018--Michael E. KanellIt's not a unique idea: leasing a home as a stepping stone to buying it. Still, for some people--who don't have a lot of savings yet--the idea might make sense, said economist Lynn Fisher of the Mortgage Bankers Association.
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JPMorgan Chase to Build Giant New Midtown NYC Headquarters
Wall Street Journal, Feb. 21, 2018--Keiko Morris, Cara Lombardo (subscription)JPMorgan Chase & Co. plans to build a new 2.5 million square-foot headquarters at 270 Park Ave. in New York City, the first major project under a city rezoning plan designed to rejuvenate the building stock in one of its biggest job centers.
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GSE Reform Isn’t Dead, But it Isn’t Going Anywhere, Either
National Mortgage News, Feb. 15, 2018--Ian McKendry (subscription)Despite a legislative push by some senators and other stakeholders to jump-start housing finance reform, efforts to form consensus over a bill once again are stuck in neutral.
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Wall Street Snaps Up Cheap Single-Family Rentals
Bloomberg, Feb. 16, 2018--Patrick ClarkAs Wall Street's rental-home industry matures from its early days of frenzied homebuying after the foreclosure crisis, upstarts such as Promise are turning to cheaper houses that have largely been cast aside by big, established landlords.
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