CREF Policy Update: Recap-MAA Town Hall on Trump Administration Updates, MBA’s Legislative Priorities, and #MBANAC25
Commercial and multifamily developments and activities from MBA important to your business and our industry.
MBA Sends Letter to Senate Banking Committee on CFPB Director Nominee Jonathan McKernan
The Mortgage Bankers Association sent a letter to Senate Banking Committee leadership to express the real estate finance industry’s strong support for the nomination of Jonathan McKernan to be the next Director of the Consumer Financial Protection Bureau.
CoreLogic: Annual Single-Family Rent Growth Remains Below 2% in December
Single-family rent prices increased 1.8% year over year in December, up slightly from the previous month’s 1.5%–which had marked a 14-year low for rent growth–according to CoreLogic, Irvine, Calif.
CBRE Forecasts Steady Hotel Sector Growth
CBRE, Dallas, forecasts that hotel revenue per available room will grow steadily in 2025 and urban locations will outperform due to improved travel and the recovery of inbound international travel.
Achieve Survey: Americans’ Financial Trends Stable, but Challenges Remain
Achieve, San Mateo, Calif., released its quarterly debt survey, finding that 26% of households report accruing more debt over the past quarter. However, that’s down from the 28% that said the same in Q4 2024.
Dealmaker: JLL Arranges $1.1B for 3 Bryant Park in Midtown Manhattan
JLL’s Capital Markets group arranged a $1.125 billion refinancing for 3 Bryant Park, a 1.2 million-square-foot office tower in Midtown Manhattan’s Bryant Park market.
