Citing the need to “prevent the further spread of COVID-19,” the Trump Administration issued an order temporarily halting residential evictions through Dec. 31.

The coronavirus pandemic had a “dramatic and immediate impact” on delinquency rates for some mortgages backed by commercial and multifamily properties in the second quarter, although most continued to perform well, the Mortgage Bankers Association said today in two reports.

Oregon Governor Kate Brown (D.) took executive action on Monday to extend forbearance and foreclosure provisions in HB 4204.

COVID-19 has negatively impacted industries across the U.S., with commercial real estate and its financiers no exceptions.

Commercial and multifamily developments and activities from MBA relevant to your business and our industry.

Where some see challenges, others see opportunity--and business data centers proved resilient in the first half of 2020 as many businesses implemented hybrid IT infrastructure to improve their remote work capabilities and streaming content providers saw increased viewership due to the COVID-19 pandemic, said CBRE, Los Angeles.

­­The office sector saw downward pressure even before the COVID-19 crisis. Now, burdened with a shift toward remote wor­­­­­­­king, it could be particularly hard hit in the coming years, said Moody’s Analytics, New York.

Fewer than 10 percent of rental units are currently affordable to renter households earning 50 percent of median renter income, reported Freddie Mac, McLean, Va.

Dwight Capital, New York, acquired Love Funding, the HUD lending subsidiary of Midland States Bank.

Bellwether Enterprise, Cleveland, arranged $97.5 million to refinance seniors apartments in California and workforce housing in Fargo, N.D.

Commercial mortgage investments held by life insurance companies posted a 4.58 percent total return in the second quarter, a major reversal from the first quarter’s negative 1 percent return, said Trepp LLC, New York.