CREF Policy Update: MBA Joins Coalition Letter to FHFA on Building Code Requirements
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Origination Issues in Commercial Servicing: Communication Is Vital, Panel Says
NEW ORLEANS–Making sure originators and servicers are on the same page–on a variety of topics–is helpful to avoid issues down the road, panelists said during a discussion at the Mortgage Bankers Association Commercial/Multifamily Finance Servicing and Technology Conference May 21.
CBRE: Urban Retail on the Road to Recovery
CBRE, Dallas, released a new report showing that, despite some current perceptions, the overall landscape for urban retail is making a solid recovery.
Newmark Finds Surging Multifamily Demand
Newmark, New York, reported multifamily demand surged in the first quarter with nearly 104,000 units absorbed--the largest first-quarter total since 2000.
BofA: 70% of Prospective Homebuyers Feel Renting Could Harm Their Financial Future
Many prospective homebuyers fear the long-term consequences of renting, including 70% who feel they’re not making a long-term investment in their future, and 72% who worry that rent increases could affect their finances, according to a new Bank of America report.
Dealmaker: Walker & Dunlop Closes $155M Refinancing for Manhattan’s Lexington Hotel
Walker & Dunlop, Bethesda, Md., completed a $155 million refinancing deal for the Lexington Hotel, a historic landmark in Midtown Manhattan.