CREF Policy Update June 24, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
State of the Nation’s Housing: Millions Face Risk of Eviction, Foreclosure
Households that weathered the pandemic without financial distress are “snapping up” the limited supply of homes for sale, pushing up prices and excluding less-affluent buyers from homeownership, the Joint Center for Housing Studies at Harvard University reported Wednesday.
Most Senior CMBS Found ‘Resilient’ Under Stress Test
Most high investment-grade rated commercial mortgage-backed securities multi-borrower bonds can withstand downgrades under a new hypothetical stress test, Fitch Ratings reported last week.
Apartments Grow as Work from Home Spreads
RENTCafé, Santa Barbara, Calif., reported many apartments are growing larger, in part due to increased working from home.
Personnel News From Greystone, CBRE
Greystone, New York, announced Sampada D’silva joined the firm as a Deputy Chief Credit Officer.
Wells Fargo Economics: CRE Prospects Brighten
Wells Fargo Economics, Charlotte, N.C., said surging economic activity could signal a turnaround in commercial real estate fundamentals.
Mixed Results for CRE Bank Loan Performance
Trepp, New York, reported “mixed results” for bank commercial real estate loan performance in the first quarter.
