Delinquency rates for mortgages backed by commercial and multifamily properties held steady in June, the Mortgage Bankers Association's latest monthly CREF Loan Performance Survey said.
The Mortgage Bankers Association, in a July 6 letter to the Federal Housing Finance Agency, asked FHFA for more definitive guidance on the government-sponsored enterprises’ policies on mortgages for properties that include short-term rental units.
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
JLL recently launched a new service line inside its Valuation Advisory business and hired Jeff Manas to head its Environmental and Property Condition service.
Colliers announced a partnership with Blue Skyre IBE LLC to grow its facilities management advisory offering.
Berkadia recently closed $146.2 million in multifamily transactions in Virginia.
Freddie Mac, McLean Va., said federal and local moratoria in response to the COVID-19 pandemic largely prevented an eviction crisis involving property renters—but the amount of back rent still owed is a “concerning factor” going forward.
JLL, Chicago, reported real estate investment trust merger and acquisition activity is rebounding.