MBA: Commercial, Multifamily Mortgage Delinquency Rates Increased in Second Quarter
Commercial and multifamily mortgage delinquencies increased in the second quarter of 2023, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Delinquency Report.
MBA’s Bob Broeksmit Highlights Federal Advocacy Amid Industry Challenges
WASHINGTON--The mortgage banking industry may be facing some headwinds, but that hasn’t stopped the pace of efforts to advocate for it on Capitol Hill and across federal agencies.
MBA Weighs in With Senate on Property Insurance Market
The Mortgage Bankers Association weighed in with the Senate Committee on Banking, Housing and Urban Affairs last week regarding challenges in the property insurance market and their impact on consumers.
CREF Policy Update Sept. 14: Senate Banking Committee Examines Property Insurance Market Challenges
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Data Center Construction Reaches Record High, Driven by AI Growth: CBRE
Demand for data center space overshadowed economic uncertainty and concerns around power availability in the first half of 2023, according to CBRE. Construction of North American data centers reached a record high in part due to the continued growth of artificial intelligence.
Dealmaker: Stonehill Provides $52M Construction Loan for Phoenix-Area Multifamily
Stonehill’s commercial real estate group, Stonehill CRE, Atlanta, announced a $52 million senior loan facility to Starpoint Properties for a multifamily site in Mesa, Ariz., near Phoenix.