MBA Announces 2021 Commercial Real Estate/Multifamily Finance Board of Governors
The Mortgage Bankers Association announced members of its Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) for 2021.
The Wonder Years: Freddie Mac’s K Series Turns 11
Every once in a while, a new technology, an old problem, and a big idea turn into an innovation. – Dean Kamen
Deep End of the CMBS Pool: A Conversation With KBRA
The quickly soured commercial mortgage-backed securities market, with pockets of challenged hotel and retail collateral properties in markets scattered across the country, is the commercial real estate story of 2020.
MBA LIBOR Transition Updates
It has been a busy time for LIBOR transition progress, so here are the latest updates.
‘Sluggish’ Acquisitions Slow Third-Quarter CRE Lending Activity
"Sluggish” commercial real estate investment activity caused loan closings to slow in the third quarter, reported CBRE, Los Angeles.
Personnel News from Dwight Capital, Altus Group
Dwight Capital, New York, hired Ryan Miles as its Managing Director – Chief LEAN/Healthcare Underwriter.
Dealmaker: JLL Secures $114M for Office, Industrial
JLL Capital Markets, Chicago, secured $114.3 million in financing for office and industrial assets in six markets.
Full Hotel Recovery Unlikely Until 2024
STR, Hendersonville, Tenn., and Tourism Economics, Wayne, Pa., slightly upgraded their final 2020 U.S. hotel forecast, but called full recovery in revenue per available room “unlikely” until 2024.
Life Insurers’ Commercial Mortgage Returns Stabilize, Credit Concerns Remain
Trepp, New York, said returns for life insurance commercial mortgages stabilized in the third quarter, but noted credit concerns remain.
ULI: Real Estate Industry Should Promote Health, Social Equity
The real estate industry should adopt health and social equity practices and promote those already in existence, said the Urban Land Institute, Washington. D.C.
CRE Investment Up, But Caution Prevails
JLL, Chicago, said global real estate investment improved in the third quarter, but COVID-19 uncertainty continues to hamper markets.