MBA Releases 2023 Rankings of Commercial/Multifamily Mortgage Firms’ Origination Volumes
According to a set of commercial/multifamily real estate finance league tables prepared by the Mortgage Bankers Association (MBA), the following firms were the top commercial/multifamily mortgage originators in 2023.
MBA Chart of the Week: CRE Mortgage Debt Across Capital Sources, Property Types
This week’s Chart of the Week shows MBA’s estimates of the distribution of CRE mortgage debt across capital sources and property types and is derived from a variety of public and private sources.
CREF Policy Update March 28: MBA’s Fratantoni Testifies Before Key House Housing Subcommittee
Commercial and multifamily developments and activities from MBA important to your business and our industry.
CBRE: Renting Less Expensive Than Mortgage Payments
CBRE, Dallas, released a new report finding average mortgage payments are 38% higher than average apartment rents as of year-end.
CoreLogic: Year-Over-Year Rent Growth at 2.6% in January
CoreLogic, Irvine, Calif., released its single-family rent index, showing single-family rental costs increased by 2.6% year-over-year in January.
Zillow Finds Concessions Cool as Spring Rental Season Approaches
Following a winter that saw nearly a third of rental listings offering tenants tempting concessions such as free months of rent or free parking, Zillow, Seattle, said the share of rentals offering perks may have peaked.
Moody’s Reports Higher Interest Rates Driving Down Defeasance
Moody’s Investors Service, New York, reported commercial mortgage-backed securities defeasance activity tumbled last year to $11.4 billion from $32.2 billion in 2022.
Dealmaker: Berkadia Closes $89M in Multifamily Sales
Berkadia, New York, closed $89 million in multifamily property sales in Denver, Colo., and Urbana, Ill.