MBA: Commercial, Multifamily Mortgage Delinquency Rates Increase in First Quarter
Commercial and multifamily mortgage delinquencies increased in the first quarter, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Delinquency Report.
CREF Policy Update: June 1, 2023
Commercial and multifamily developments and activities from MBA important to your business and our industry.
FHFA Requests Input on Multifamily Tenant Protections
The Federal Housing Finance Agency on Tuesday requested input on tenant protections at multifamily properties with mortgages backed by Fannie Mae and Freddie Mac.
Trepp: Positive Q1 for Insurance Company Commercial Mortgages, But Office Sector Concerns
Trepp, New York, said its LifeComps index of insurance company commercial mortgage investments in the first quarter saw a total return of 2.5% in the first quarter, with a 1.4% contribution from price appreciation.
MBASecondary23: ESG ‘Here to Stay’
NEW YORK--ESG--Environmental, Social and Governance—has evolved over the years. Many industries have embraced it; some politicians have decried it as anti-free market.
CBRE Again Raises Forecast for 2023 Hotel Performance
CBRE, Dallas, raised its hotel performance outlook for this year once again, improving its forecast for revenue per available room to $97.89, up 6% year-over-year, and an increase of 43 cents from its previous forecast.
Dealmaker: Gantry Closes $61M for Multifamily and Industrial Assets
Gantry, San Francisco, recently secured $41.6 million to refinance a multifamily building in Goodyear, Ariz., and $19.4 million to refinance a maturing CMBS loan on a Richmond, Calif. industrial park.
