CREF Policy Update: House Passes Government Funding Extension Through Dec. 11, Avoiding Potential Government Shutdown
Commercial and multifamily developments and activities from MBA important to your business and our industry.
MBA Statement on FHFA Announcements on Credit Reporting and Scoring Modernization
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the Federal Housing Finance Agency’s (FHFA) announcements on credit reporting and scoring modernization.
Trepp: CMBS Delinquency Rate Falls One Basis Point in August
Trepp, New York, reported the CMBS delinquency rate fell by one basis point from July to 7.85%.
RentCafe: McKinney, Texas, Top Spot for Renters
RentCafe, Santa Barbara, Calif., named McKinney, Texas, the top spot for renters, a standout on a list dominated by cities in the U.S. South.
Apartments.com Finds a Deeply Divided Rental Market
The multifamily market is increasingly defined by regional extremes, a new report from Apartments.com, Arlington, Va., has found.
U.S. Adds 162,000 Jobs in August; Economist Mike Fratantoni Weighs In
Total nonfarm payroll employment increased by 162,000 in August and the unemployment rate was unchanged at 4.1%, per the U.S. Bureau of Labor Statistics.
Dealmaker: Berkadia Arranges $114M in Debt, Equity Financing for Virginia Multifamily Community
Berkadia, Ambler, Pa., announced it arranged $114 million in debt and equity financing for a developer, Rushmark Properties, to build a Class A multifamily community in Falls Church, Va.
