HUD, Biden Administration Encourage More Commercial-to-Residential Conversions; MBA Weighs In
On Friday, HUD and the Biden Administration announced two updates to increase housing supply and improve housing affordability, including research on commercial-to-residential conversions. Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, weighed in on the announcement.
CREF Policy Update Nov. 2
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Tech Industry Leasing More Offices, CBRE Finds
CBRE, Dallas, reported that despite challenges in the sector, the tech industry has reclaimed the largest share of U.S. office leasing in the third quarter.
Redfin: Most Respondents Support More Housing, But Many Don’t Want Apartments in Their Neighborhood
A recent Redfin survey finds that nearly 80% of respondents support policies that promote building more housing.
MBA Chart of the Week: Actual and Modeled CRE Lending ($Billions)
MBA’s latest commercial real estate finance (CREF) forecast anticipates 2023 origination volumes ($442 billion) will come in just a bit more than half of what they were in 2022 ($816 billion).
MBA NewsLink Multifamily Roundtable: High Rates, Stalled Rents and New Roofs
As uncertainty dominates discussions about getting deals done, MBA NewsLink convened three multifamily finance executives, Chad Musgrove, John Lloyd and Carl McLaughlin, to get their opinions on where the apartment industry sits and where it’s headed next.
Dealmaker: Greystone Announces Deals in New Jersey, California
Greystone, New York, announced recent deals in New Jersey and California.
