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MBA CREF Forecast: Commercial/Multifamily Borrowing and Lending Expected to Increase to $576 Billion in 2024
Total commercial and multifamily mortgage borrowing and lending is expected to rise to $576 billion in 2024, which is a 29% increase from 2023’s estimated total of $444 billion. This is according to an updated baseline forecast released today by the Mortgage Bankers Association (MBA).
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MBA Announces Support for H.R. 7024, the Tax Relief for American Families and Workers Act of 2024
On Jan. 16, Sen. Ron Wyden, D-Ore., and Rep. Jason Smith, R-Mo., released H.R. 7024, the Tax Relief for American Families and Workers Act of 2024. The Mortgage Bankers Association strongly supports the bipartisan, bicameral bill.
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CREF Policy Update Jan. 25: MBA Calls for Changes in Comments on Basel III Endgame Proposal
Commercial and multifamily developments and activities from MBA important to your business and our industry.
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Commercial and Multifamily People in the News Jan. 25, 2023
Industry personnel news from M&T Realty Capital Corp., JLL, Greystone and Cushman & Wakefield.
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CoreLogic: Single-Family Rent Growth Continues Stable Pace
CoreLogic, Irvine, Calif., in its latest Single-Family Rent Index, found national single-family rent growth remained stable in November at 2.7%.
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MBA NewsLink Q&A with Berkadia’s JV Equity & Structured Capital Group
MBA NewsLink recently interviewed Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick from Berkadia’s JV Equity & Structured Capital Group about the state of the equity market.
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Net Lease Cap Rates Expand; 2024 Expected to See Increased Transaction Volume
Overall, cap rates increased to 6.58%, up seven basis point from the prior quarter, Boulder said in its Fourth Quarter Net Lease Research Report.
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Renting, Buying Both Prompt Affordability Concerns, ATTOM Finds
ATTOM, Irvine, Calif., released its 2024 Rental Affordability Report, showing median three-bedroom rents in the U.S. are more affordable than owning a similarly sized home in the vast majority of local markets.