To the Point With Bob: Rent Control Will Deepen the Affordable Housing Crisis
In a new blog post, MBA President and CEO Bob Broeksmit, CMB, explains why rent control policies will perpetuate the housing supply-demand disconnect.
Commercial/Multifamily Borrowing Declines 53% Year-Over-Year in Second-Quarter 2023
Commercial and multifamily mortgage loan originations were 53% lower in the second quarter of 2023 compared to a year ago, and increased 23% from the first quarter of 2023, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
CREF Policy Update: Aug. 17, 2023
Commercial and multifamily developments and activities from MBA important to your business and our industry.
RealPage: Most Renters Satisfied With Housing Situation
RealPage, Richardson, Texas, found 66% of multifamily renters surveyed report being happy with their current housing situation, with younger renters reporting the highest satisfaction rates.
STR, TE Lower Hotel Growth Forecast
STR, Hendersonville, Tenn., and Tourism Economics, Wayne, Pa., lowered their year-over-year growth projections in a revised 2023-24 U.S. hotel forecast.
CONVERGENCE: Navigating the Obstacles in Multifamily Housing: Perspectives from the Affordable Rental Housing Advisory Council Aug. 29
The demand for affordable housing continues to outstrip supply, and steep rental increases exacerbate the problem. Policy measures alone won’t solve these issues. MBA members have sought innovative ways to address the ongoing challenges in this space.
Dealmaker: Walker & Dunlop Provides $108M for Washington, D.C. Multifamily
Walker & Dunlop, Bethesda, Md., provided $108.8 million in financing for Park Chelsea, a 429-unit apartment building in Washington, D.C.
