CREF Policy Update Sept. 7: Bank Regulators Release Long-Term Debt and Resolution Plan Proposals
Commercial and multifamily developments and activities from MBA important to your business and our industry.
HUD Updates Fair Market Rents; Releases $113M in Vouchers
HUD on Thursday published Fair Market Rents for Fiscal Year 2024 and released an additional $113 million in Housing Choice Vouchers to help 9,500 families to meet growing costs.
MBA Chart of the Week: Multifamily Borrowing and Lending, 2022
With more than $4.5 trillion of mortgage debt outstanding, commercial real estate finance markets are large and diverse.
Real Estate Investors Buying 45% Fewer Homes Than Last Year, Redfin Finds
Redfin, Seattle, reported that the drop in home purchases by investors outpaced the second-quarter drop in overall home sales. Investor home purchases fell 45% from last year, compared with an overall market drop of 31%.
Multifamily Permitting Falls, RealPage Analytics Notes
RealPage Analytics, Richardson, Texas, reported the seasonally adjusted annual rate for multifamily permitting fell 32.2% year-over-year in July, per an analysis of Census Bureau data.
MISMO Seeks Public Comment on ESG Reference Material
MISMO, the real estate finance industry’s standards organization, today announced that it is seeking public comment on the new Defining the E and S Reference Guide and the related Data Implementation Considerations Guide.
Dealmaker: Cushman & Wakefield Arranges Sale, $97.7M Acquisition Financing Provided by Greystone
Cushman & Wakefield, Chicago, announced it arranged the sale of a multifamily property in Wayne, N.J., a New York-area suburb.
