Commercial and multifamily mortgage bankers closed $441.5 billion in loans in 2020, the Mortgage Bankers Association’s 2020 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation reported, nearly 26 percent lower than the record $601 billion reported in 2019.
The Mortgage Bankers Association's Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) Nominating Committee seeks members' recommendations for individuals to serve on the Board beginning this October in the Investor, Lender, Mortgage Banker and Servicer categories. This is an important process that determines the leadership for MBA’s commercial/multifamily membership.
Interest in life sciences real estate has jumped during the current public health crisis. MBA NewsLink interviewed JLL Executive Director of U.S. Life Sciences Markets Travis McCready, Managing Director Zach Bowyer and Senior Vice President Erik Hill about the sector.
CBRE, Dallas, said the average amount of free rent office landlords conceded to secure long-term leases climbed significantly in the first quarter.
More renters moved last year than in 2019, and many of them relocated to big cities, reported Yardi Matrix, Santa Barbara, Calif.
Commercial property price appreciation is comparable to that seen before the country’s initial Coronavirus lockdown last year, reported Real Capital Analytics, New York.
The hotel sector is coming back--slowly--from its pandemic-related downturn, analysts said.
PwC, New York, and the Urban Land Institute, Washington, D.C., said COVID-19 is accelerating existing commercial real estate trends such as digitalization and online shopping.
Arbor, Uniondale, N.Y., launched a new Single-Family Rental Floating-Rate Permanent Financing specifically designed for SFR investors tailored around how SFR owners buy and sell properties within their portfolio.