Multifamily Lending Increased 7% to New Record High in 2019
Fueled by strong market fundamentals and low interest rates, 2,589 different multifamily lenders provided $364.4 billion in new mortgages in 2019 for apartment buildings with five or more units, according to the Mortgage Bankers Association's annual multifamily lending market report.
The CMBS Market During the Pandemic: A Conversation with Moody’s Investors Service
MBA NewsLink interviewed Keith Banhazl, Victor Calanog and Nick Levidy from Moody’s, New York.
The Latest on LIBOR Transition with Metlife’s Reena Pally
MBA NewsLink interviewed Reena Pally, Managing Director of Real Estate Debt Strategies with MetLife Investment Management, about the transition away from LIBOR to a successor index for floating-rate loans.
MBA CREF COVID Communication–Legislative and Regulatory Update–July 28, 2020
A summary of the COVID-19-related legislative, regulatory and operational items that the membership has asked MBA to help address, including actions, next steps and how you or your team can get involved.
MISMO Releases Proposed Commercial Appraisal Data Standards
MISMO®, the mortgage industry standards organization, released new proposed data standards for commercial property appraisals. The new dataset will facilitate efficient exchange of appraisal information across the commercial real estate finance industry.
MBA Education School of Multifamily Mortgage Banking Goes Virtual
MBA Education recently moved its popular School of Multifamily Mortgage Banking online.
Dealmaker: Newmark Knight Frank Closes $62M in Property Sales
Newmark Knight Frank, New York, closed $61.5 million in industrial and retail property sales.
Personnel News From Avison Young, M&T Realty Capital, NorthMarq and NKF
Avison Young, Toronto, appointed Troy Jenkins as Principal and Director of Investment Management. Jenkins is based in Los Angeles and will help expand the firm's investment platform deeper into the U.S.
Charlotte, Austin, Denver See Strongest STEM Job Creation
Charlotte, Austin and Denver have the fastest-growing number of science, technology, engineering and math jobs, which analysts expect will see renewed importance in the post-COVID economy.
MBA Chart of the Week: Ratio of Unemployed Workers Per Job Opening
This week’s MBA Chart of the Week uses data from the U.S. Bureau of Labor Statistics to look at the ratio of the number of unemployed workers to job openings to highlight how the current recession is different than the recession in 2007-2009.
Commercial/Multifamily Briefs: Yardi Matrix, M&T Realty Capital Corp.
Yardi Matrix, Santa Barbara, Calif., will now report on the student housing sector.