MBA Commercial/Multifamily NewsLink May 14

While the hope remains that the recession will be short-lived with a strong recovery in the second half of 2020, commercial real estate typically lags the broader economy.

MBA: First Quarter CMF Borrowing Down 2%

Commercial and multifamily mortgage loan originations decreased 2 percent in the first quarter from a year ago, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

Signals of a Rebound in Buyer and Renter Demand

Washington Post, May 6, 2020–Michele LernerData from Google search traffic and from home sales and rental websites indicate that after searches related to apartments and requests to view homes dropped …

How Will COVID-19 Affect Affordable Housing?

Mortgage Professional America, Apr. 30, 2020–Kasi Johnston The need for affordable housing isn’t going away, according to Marsha Goff of Merchants Capital, but she believes new affordable housing projects may …

Banks’ Revamped Outlook on Multifamily Lending

Multi-Housing News, Apr. 30, 2020–Joe Gose The COVID-19 pandemic has upended projections for multifamily lending, but banks should continue to favor the asset class over the long term. (MBA mention) …

Tools for a Construction Lender’s Toolbox in the COVID-19 Era

The coronavirus pandemic has shut down non-essential construction projects in numerous states and has severely delayed or otherwise impacted construction in almost every other state. These delays and impacts may deal a fatal blow to some project owners.