Commercial and multifamily developments and activities from MBA important to your business and our industry.

(Updated Oct. 7) This is a developing story that will be updated regularly. If you are aware of an effort by a mortgage company to provide relief or help to areas affected by Hurricane Helene, either directly or via fundraisers or donations, please contact us.

Leadership of the CCMS Philanthropic Committee sat down with MBA NewsLink to discuss its changes and efforts.

Just over half of U.S. apartments that delivered in the first quarter rented within three months, the second-lowest seasonally adjusted share since mid-2020, according to Redfin, Seattle.

Commercial/multifamily industry news from Gantry, FHFA and Peachtree Group.

The Federal Housing Administration posted a new draft Mortgagee Letter: Revised Cyber Incident Reporting Requirements on its Single-Family Housing Drafting Table. It provides updated requirements for when FHA-approved mortgagees must notify the Department of Housing and Urban Development when a reportable cyber incident occurs.

As with any transformative technology, AI's true potential remains largely untapped. To shed light on this critical juncture, MBA NewsLink sat down with Niraj Patel, AI and Digital Transformation Executive at Greystone.

Calmwater Capital, El Segundo, Calif., announced it provided Rhino Investment Group with $20.86 million in short-term, first mortgage debt for its acquisition of a grocery-anchored retail center in Cathedral City, Calif.