The Federal Housing Finance Agency, Washington, D.C., increased the 2022 multifamily loan purchase caps for Fannie Mae and Freddie Mac to $78 billion each.
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
NorthMarq, Minneapolis, completed $132 million in financing for six California and Washington multifamily properties.
Real Capital Analytics, New York, reported all four major commercial real estate types posted double-digit annual price growth in August.
JLL, Chicago, said real estate investment trusts have shown strong earnings growth in 2021.
CBRE, Dallas, said office space offered for sublease registered its first monthly decline in August since the pandemic started.
More than 20,000 units in older office and other commercial buildings will be converted to apartments this year, reported RentCafe, Santa Barbara, Calif.
Commercial/Multifamily Briefs from Seyfarth, Marcus & Millichap Capital Corp., M&T Realty Capital Corp.
Law firm Seyfarth became one of the first signees of CREW Network's CRE Pledge for Action, an industry-first CEO-driven initiative to advance women and elevate actions encouraging greater diversity, equity and inclusion in commercial real estate.